1) Mussatto Corporation produces snowboards. The following per unit cost information is available: direct materials $16; direct labor $11; variable manufacturing overhead $7; fixed manufacturing overhead $17; variable selling and administrative expenses $4; and fixed selling and administrative expenses $14. Using a 30% markup percentage on total per unit cost, compute the target selling price. (Round answer to 2 decimal places, e.g. 10.50.)

What is the target selling price?

2) Morales Corporation produces microwave units. The following per unit cost information is available: direct materials $38; direct labor $29; variable manufacturing overhead $14; fixed manufacturing overhead $46; variable selling and administrative expenses $13; and fixed selling and administrative expenses $24. Its desired ROI per unit is $30.26. Compute its markup percentage using a total-cost approach. (Round answer to 2 decimal places, e.g. 10.50.)

What is the markup percentage?

3) Krystal Water is considering introducing a water filtration device for its 20-ounce water bottles. Market research indicates that 1,089,400 units can be sold if the price is no more than $4. If Krystal Water decides to produce the filters, it will need to invest $1,995,400 in new production equipment. Krystal Water requires a minimum rate of return of 21% on all investments. Determine the target cost per unit for the filter. (Round answer to 2 decimal places, e.g. 10.50.)

What is the Target cost per unit?

4) Presented below are data for Kwik Appliance Repair Shop.

Repair-technicians' wages		$139,200
Fringe benefits		48,000
Overhead		72,000

The desired profit margin per hour is $17.00. The material loading charge is 60% of invoice cost. Kwik estimates that 4,800 labor hours will be worked next year. If Kwik repairs a dishwasher that takes 1.3 hours to repair and uses parts of $81.00, compute the bill for the job. (Round answer to 2 decimal places, e.g. 10.50.)

What is the total Cost?