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4 of 4 < -/10 E View Policies Current Attempt in Progress Lafleur Corporation needs to set a target price for its newly designed product,
4 of 4 < -/10 E View Policies Current Attempt in Progress Lafleur Corporation needs to set a target price for its newly designed product, M14-M16. The following data relate to it: Per Unit Total Direct materials Direct labour Variable manufacturing overhead $14 16 12 Fixed manufacturing overhead" $2,976,000 Variable selling and administrative expenses 4 Fixed selling and administrative expenses 1,984,000 These costs are based on a budgeted volume of 248,000 units produced and sold each year. Lafleur uses cost-plus pricing to set its target selling price. The markup on the total unit cost is 30%. Question 4 of 4 < > Calculate the total variable cost per unit, total fixed cost per unit, and total cost per unit for M14-M16. Total variable cost per unit Total fixed costs per unit Total cost per unit eTextbook and Media Question Part Score Calculate the desired markup per unit for M14-M16. (Round answer to 2 decimal places, e.g. 15.25.) Markup per unit $ eTextbook and Media -/10 E --/3 Question 4 of 4 < Question Part Score Calculate the target selling price for M14-M16. (Round answer to 2 decimal places, eg. 15.25.) Target selling price eTextbook and Media Question Part Score -/10 --/2 Assuming that 198,400 M14-M16s are produced during the year, calculate the variable cost per unit, fixed cost per unit, and total cost per unit. (Round answers to 2 decimal places, eg. 15.25.) $ Total variable cost per unit Total fixed costs per unit $ Total cost per unit -/2
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