Available until Apr 25 at 11:59pmmiung an external toolAttempts 0THULUSKimmel, Accounting, 7eHelp | System AnnouncementsCALCULATORPRINTER VERSION1 BACKNEXTCESKCompute the desired ROI per unit for M14-M16.Desired ROIper unitCompute the target selling price for M14-M16.Target selling price per unit2$Compute variable cost per unit, fixed cost per unit, and total cost per unitassuming that 59,250 M14-M16s are produced and sold during the year.Variable cost per unit$4Fixed cost per unitTotal cost per unit24Click if you would like to Show Work for thisquestion:Open ShowWorkMacBook Air YPLUSKimmel, Accounting, 7eHelp | System AnnouncementsCALCULATORPRINTER VERSION1 BACKNEXTNational Corporation needs to set a target price for its newly designedproduct M14-M16. The following data relate to this new product.RESOURCESOMEWORK--05-07-09-11 a-bPerUnitTotalDirect materials$21-16Direct labor$41--01A-02A-03AVariable manufacturing overheadFixed manufacturing overhead$14$1,264,000Variable selling and administrative expenses$ 4Fixed selling and administrative expenses$ 1,106,000Its by StudyThese costs are based on a budgeted volume of 79,000 units produced andsold each year. National uses cost-plus pricing methods to set its targetselling price. The markup percentage on total unit cost is 40%.Compute the total variable cost per unit, otal fixed cost per unit, and totalcost per unit for M14-M16.Variable cost per unit2$Fixed cost per unitTotal cost per unit24MacBook

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Description: Available until Apr 25 at 11:59pmmiung an external toolAttempts 0THULUSKimmel, Accounting, 7eHelp | System AnnouncementsCALCULATORPRINTER VERSION1 BACKNEXTCESKCompute the desired ROI per unit for M14-M16.Desired ROIper unitCompute the target selling

Calculation of Variable Cost per unit Calculation of Variable Cost per unit Cost per unit…

Business

Accounting

Variable manufacturing overhead Fixed manufacturing overhead $14 $1,264,000 Variable selling and administrative expenses $ 4 Fixed selling and administrative expenses $ 1,106,000 These costs are based on a budgeted volume of 79,000 units produced and sold each year. National uses cost-plus pricing methods to set its target selling price. The markup percentage on total unit cost is 40%. Compute the total variable cost per unit, ptal fixed cost per unit, and total cost per unit for M14-M16. Variable cost per unit $4 Fixed cost per unit

Variable manufacturing overhead Fixed manufacturing overhead $14 $1,264,000 Variable selling and administrative expenses $ 4 Fixed selling and administrative expenses $ 1,106,000 These costs are based on a budgeted volume of 79,000 units produced and sold each year. National uses cost-plus pricing methods to set its target selling price. The markup percentage on total unit cost is 40%. Compute the total variable cost per unit, ptal fixed cost per unit, and total cost per unit for M14-M16. Variable cost per unit $4 Fixed cost per unit

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ISBN:9781133935940

Author:Ulric J. Gelinas

Publisher:Ulric J. Gelinas

Chapter17: Acquiring And Implementing Accounting Information Systems

Section: Chapter Questions

Problem 1SP

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Concept explainers

Variance Analysis

In layman's terms, variance analysis is an analysis of a difference between planned and actual behavior. Variance analysis is mainly used by the companies to maintain a control over a business. After analyzing differences, companies find the reasons for the variance so that the necessary steps should be taken to correct that variance.

Standard Costing

The standard cost system is the expected cost per unit product manufactured and it helps in estimating the deviations and controlling them as well as fixing the selling price of the product. For example, it helps to plan the cost for the coming year on the various expenses.

Topic Video

Question

Available until Apr 25 at 11:59pm
miung an external tool
Attempts 0
THU
LUS
Kimmel, Accounting, 7e
Help | System Announcements
CALCULATOR
PRINTER VERSION
1 BACK
NEXT
CES
K
Compute the desired ROI per unit for M14-M16.
Desired ROI
per unit
Compute the target selling price for M14-M16.
Target selling price per unit
2$
Compute variable cost per unit, fixed cost per unit, and total cost per unit
assuming that 59,250 M14-M16s are produced and sold during the year.
Variable cost per unit
$4
Fixed cost per unit
Total cost per unit
24
Click if you would like to Show Work for this
question:
Open Show
Work
MacBook Air

YPLUS
Kimmel, Accounting, 7e
Help | System Announcements
CALCULATOR
PRINTER VERSION
1 BACK
NEXT
National Corporation needs to set a target price for its newly designed
product M14-M16. The following data relate to this new product.
RESOURCES
OMEWORK
--05
-07
-09
-11 a-b
Per
Unit
Total
Direct materials
$21
-16
Direct labor
$41
--01A
-02A
-03A
Variable manufacturing overhead
Fixed manufacturing overhead
$14
$1,264,000
Variable selling and administrative expenses
$ 4
Fixed selling and administrative expenses
$ 1,106,000
Its by Study
These costs are based on a budgeted volume of 79,000 units produced and
sold each year. National uses cost-plus pricing methods to set its target
selling price. The markup percentage on total unit cost is 40%.
Compute the total variable cost per unit, otal fixed cost per unit, and total
cost per unit for M14-M16.
Variable cost per unit
2$
Fixed cost per unit
Total cost per unit
24
MacBook

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S Kimmel, Accounting, 7e Help | System Announcements CALCULATOR PRINTER VERSION 1 BACK NEXT National Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. Per Total- Unit Direct materials $26 Direct labor $44 Variable manufacturing overhead $15 Fixed manufacturing overhead $1,377,000 Variable selling and administrative expenses $ 5 Fixed selling and administrative expenses $ 1,053,000 These costs are based on a budgeted volume of 81,000 units produced and sold each year. National uses cost-plus pricing methods to set its target selling price. The markup percentage on total unit cost is 40%. Compute the total variable cost per unit, total fixed cost per unit, and total cost per unit for M14-M16. Variable cost per unit $4 Fixed cost per unit Total cost per unit MacBook Air
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