Johnson Marine has the following costs and expected sales for the coming year. Johnson is considering a number of different methods to determine the price of its product. Variable Manufacturing Variable Selling and Administrative Plant-level Fixed Overhead Fixed Selling and Administrative Batch-level Fixed Overhead Total Costs $ 2,354,000 754,000 1,208,000. 604,000 204,000 10,012,000 20,000 Total Investment in Product Line Expected Sales (units) If Johnson determines price using a desired return on life cycle costs of 31%, the price is:
Johnson Marine has the following costs and expected sales for the coming year. Johnson is considering a number of different methods to determine the price of its product. Variable Manufacturing Variable Selling and Administrative Plant-level Fixed Overhead Fixed Selling and Administrative Batch-level Fixed Overhead Total Costs $ 2,354,000 754,000 1,208,000. 604,000 204,000 10,012,000 20,000 Total Investment in Product Line Expected Sales (units) If Johnson determines price using a desired return on life cycle costs of 31%, the price is:
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Please help me with calculation
Transcribed Image Text:Johnson Marine has the following costs and expected sales for the coming year. Johnson is considering a number of different methods to determine the
price of its product.
Total Costs
$ 2,354,000
754,000
1,208,000
604,000
204,000
Total Investment in Product Line
10,012,000
20,000
Expected Sales (units);
If Johnson determines price using a desired return on life cycle costs of 31%, the price is:
Variable Manufacturing
Variable Selling and Administrative
Plant-level Fixed Overhead
Fixed Selling and Administrative
Batch-level Fixed Overhead
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