1-Schuman Corporation produces microwave units. The following per-unit cost information is available: direct materials $36; direct labour $23; variable manufacturing overhead $17; fixed manufacturing overhead $44; variable selling and administrative expenses $12; and fixed selling and administrative expenses $30. Its desired ROI per unit is $27.54.

Calculate its markup percentage using a total cost approach. (Round answer to 2 decimal places, e.g. 15.25%.)

2-

The machining division of ITA International has a capacity of 2,460 units. Its sales and cost data are:

	Selling price per unit		$	80
	Variable manufacturing costs per unit			30
	Variable selling costs per unit			7
	Total fixed manufacturing overhead			196,500

The machining division is currently selling 2,260 units to outside customers, and the assembly division of ITA International wants to purchase 400 units from machining. If the transaction takes place, the variable selling costs per unit on the units transferred to assembly will be $0/unit, and not $7/unit. he units being requested are special high-performance units, and the divisions variable cost would be $28 per unit.

What is the minimum transfer price that the machining division should accept? (Round answer to 2 decimal places, e.g. 15.25.)

Minimum transfer price