Kaspar Corporation makes a commercial-grade cooking griddle. The following information is available for Kaspar Corporation's anticipated annual volume of 25,900 units. Per Unit Total Direct materials $16 Direct labor $8 Variable manufacturing overhead $14 Fixed manufacturing overhead $414,400 Variable selling and administrative expenses $7 Fixed selling and administrative expenses $51,800 The company uses a 44% markup percentage on total cost. Compute the total cost per unit. Total cost per unit $

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Kaspar Corporation makes a
commercial-grade cooking griddle.
The following information is available
for Kaspar Corporation's anticipated
annual volume of 25,900 units. Per
Unit Total Direct materials $16 Direct
labor $8 Variable manufacturing
overhead $14 Fixed manufacturing
overhead $414,400 Variable selling
and administrative expenses $7 Fixed
selling and administrative expenses
$51,800 The company uses a 44%
markup percentage on total cost.
Compute the total cost per unit. Total
cost per unit $
Transcribed Image Text:Kaspar Corporation makes a commercial-grade cooking griddle. The following information is available for Kaspar Corporation's anticipated annual volume of 25,900 units. Per Unit Total Direct materials $16 Direct labor $8 Variable manufacturing overhead $14 Fixed manufacturing overhead $414,400 Variable selling and administrative expenses $7 Fixed selling and administrative expenses $51,800 The company uses a 44% markup percentage on total cost. Compute the total cost per unit. Total cost per unit $
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