1.Determine the amount of desired profit from the production and sale of the halogen light.

$

2.Assuming that theproduct cost methodis used, determine the following:

a.Product Cost amount per unit$b.Markup percentage%c.Selling price per unit$

3.(Appendix)Assuming that thetotal cost methodis used, determine the following:

a.Total Cost amount per unit$b.Markup percentage%c.Selling price per unit$

4.(Appendix)Assuming that thevariable cost methodis used, determine the following:

a.Variable cost amount per unit$b.Markup percentage%c.Selling price per unit$

5.The cost-plus approach price computed above should be viewed as a general guideline for establishing long-run normal prices; however, other considerations, such as

, could lead management to establish a different short-run price.