Lafleur Corporation needs to set a target price for its newly designed product, M14-M16. The following data relate to it
Posted: Sun Jun 05, 2022 8:21 pm
Lafleur Corporation needs to set a target price for its newly
designed product, M14-M16. The following data relate to it:
These costs are based on a budgeted volume
of 286,000 units produced and sold each year. Lafleur
uses cost-plus pricing to set its target selling price. The markup
on the total unit cost is 40%.
Calculate the total variable cost per unit, total fixed cost per
unit, and total cost per unit for M14-M16.
Question Part Score
--/3
Calculate the desired markup per unit for
M14-M16. (Round answer to 2 decimal places, e.g.
15.25.)
Question Part Score
--/2
Calculate the target selling price for
M14-M16. (Round answer to 2 decimal places, e.g.
15.25.)
Question Part Score
--/2
Assuming that 228,800 M14-M16s are produced during the
year, calculate the variable cost per unit, fixed cost per unit,
and total cost per unit. (Round answers to 2
decimal places, e.g. 15.25.)
designed product, M14-M16. The following data relate to it:
These costs are based on a budgeted volume
of 286,000 units produced and sold each year. Lafleur
uses cost-plus pricing to set its target selling price. The markup
on the total unit cost is 40%.
Calculate the total variable cost per unit, total fixed cost per
unit, and total cost per unit for M14-M16.
Question Part Score
--/3
Calculate the desired markup per unit for
M14-M16. (Round answer to 2 decimal places, e.g.
15.25.)
Question Part Score
--/2
Calculate the target selling price for
M14-M16. (Round answer to 2 decimal places, e.g.
15.25.)
Question Part Score
--/2
Assuming that 228,800 M14-M16s are produced during the
year, calculate the variable cost per unit, fixed cost per unit,
and total cost per unit. (Round answers to 2
decimal places, e.g. 15.25.)