Gruner Corporation produces snowboards. The following cost information per unit is available: direct materials $12; direct labour

Question:

Gruner produces snowboards. The following cost information per unit is available: direct materials $12; direct labour $8; variable manufacturing overhead $6; fixed manufacturing overhead $14; variable selling and administrative expenses $4; and fixed selling and administrative expenses $12. Using a 30% markup percentage on the total cost per unit, calculate the target selling price.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...