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2. For each of the following cost bases, develop a cost-plus pricing formula that will result in a target price of $460 per mower: (Round

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2. For each of the following cost bases, develop a cost-plus pricing formula that will result in a target price of $460 per mower: (Round your percentage answers to 2 decimal places (l.e., 1234 should be entered as 12.34).) Cost-Plus Pricing Formula s + % (a) Variable manufacturing cost (b) Absorption manufacturing cost (c) Total variable cost 460 = 460 = S 96 + + S 460] = 96 The following data pertain to Royal Lighting Company's oak-clad, contemporary chandelier. $400 13e Variable manufacturing cost Applied fixed manufacturing cost Variable selling and administrative cost Allocated fixed selling and administrative cost 50 80 Required: For each of the following cost bases, develop a cost-plus pricing formula that will result in a price of $820 for the oak chandelier. (Round your percentage answers to 2 decimal places (1.e., 1234 should be entered as 12.34).) S 400 820 = 820 = Cost-Plus Pricing Formula S 400 + 105.00% 5 $ 530 + % x 96 x 1. Variable manufacturing cost 2. Absorption manufacturing cost 3. Total cost 4. Total variable cost S $ 820 = + S 820 = + 96 x

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