=+EX 25-15 Total cost concept of product costing obj. 2 d. $318 Based on the data

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=+EX 25-15 Total cost concept of product costing obj. 2

d. $318 Based on the data presented in Exercise 25-15, assume that MyPhone Inc. uses the product cost concept of applying the cost-plus approach to product pricing.

a. Determine the total manufacturing costs and the cost amount per unit for the production and sale of 5,000 units of cellular phones.

b. Determine the product cost markup percentage (rounded to two decimal places) for cellular phones.

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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