Wesley Company makes bowling balls and uses the total cost method in setting product prices. Its costs for producing 10,000 bowling balls follow. The company targets a 12.5% markup on total cost. The dollar markup per unit is: Variable Costs per Unit Fixed Costs (total) Direct materials Direct labor $ 50.00 Overhead 12.50 Overhead Selling, general, and administrative 2.50 Select one: a.$9.38. b.$5.63. c.$16.88. d.$13.75. e.$15.00. 10.00 $ 235,000 Selling, general, and administrative 215,000

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Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.