Auger Ambit Limited is a manufacturing company which sets prices based on total costs plus mark-up. For the year ending

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answerhappygod
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Auger Ambit Limited is a manufacturing company which sets prices based on total costs plus mark-up. For the year ending

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Auger Ambit Limited is a manufacturing company which sets prices based on total
costs plus mark-up. For the year ending 31 December 20X3 the company is forecasting total fixed
costs of 788,000€. Direct materials costs will be 18.00€ per unit and direct labour costs will be
27.56€ per unit. The company expects to produce 20,000 units, and normally looks for a profit mark-
up of 25%.
Suggest a suitable cost-based selling price per unit of product for 20X3
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