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1 Check my work 6 points eBook Ask Print References Problem 10-4A (Algo) Pricing using total cost, target cost, and variable cost LO P6
1 Check my work 6 points eBook Ask Print References Problem 10-4A (Algo) Pricing using total cost, target cost, and variable cost LO P6 Techcom is designing a new smartphone. Each unit of this new phone will require $245 of direct materials; $25 of direct labor; $36 of variable overhead; $33 of variable selling, general, and administrative costs; $46 of fixed overhead costs; and $25 of fixed selling, general, and administrative costs. 1. Compute the selling price per unit if the company uses the total cost method and plans a markup of 180% of total costs. 2. The company is a price-taker and the expected selling price for this type of phone is $950 per unit. Compute the target cost per unit if the company's target profit is 60% of expected selling price. 3. Compute the selling price per unit if the company uses the variable cost method and plans a markup of 200% of variable costs. Mc Required 2 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the selling price per unit if the company uses the total cost method and plans a markup of 180% of total costs. 1. Total cost per unit 2. Markup per unit 3. Selling price per unit < Required 1 Required 2 >
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