Information for Caan Corporation is given in E9-22.

Instructions
(a) Calculate the markup percentage and target selling price using absorption-cost pricing.
(b) Calculate the markup percentage and target selling price using variable-cost pricing.

Transcribed Image Text:

Per Unit $380 290 72 Total Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $1,800,000 324,000