A)

B) Compute the target selling price for M14-M16

C)

Can you please help me solve for A,B and C and explain how you got the answers. Thanks!

National Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. Per Total Unit $25 Direct materials Direct labor $40 Variable manufacturing overhead $10 Fixed manufacturing overhead $1,44 0,000 s 5 Variable selling and administrative expenses Fixed selling and administrative expenses 960,000 These costs are based on a budgeted volume of 80,000 units produced and sold each year. National uses cost-plus pricing methods to set its target selling price. The markup percentage on total unit cost is 40%