Question
Ahmed Corporation makes a mechanical stuffed alligator. The following information is available for Ahmed Corporation's expected annual volume of500,000units: Per Unit Total Direct materials $12Direct
Ahmed Corporation makes a mechanical stuffed alligator. The following information is available for Ahmed Corporation's expected annual volume of500,000units:
Per Unit
TotalDirect materials
$12Direct labour
9Variable manufacturing overhead
12Fixed manufacturing overhead
$325,000
Variable selling and administrative expenses
6Fixed selling and administrative expenses
175,000
The company has a desired ROI of30%. It has invested assets of $23,700,000.
Calculate the total cost per unit.(Round answer to 2 decimal places, e.g. 15.25.)
Total cost per unit
$
eTextbook and Media
Question Part Score
--/1
Calculate the desired ROI per unit.(Round answer to 2 decimal places, e.g. 15.25.)
Desired ROI per unit
$
eTextbook and Media
Question Part Score
--/2
Calculate the markup percentage using the total cost per unit.(Round answer to 2 decimal places, e.g. 15.25%.)
Markup percentage per unit
%
eTextbook and Media
Question Part Score
--/2
Calculate the target selling price.(Round answer to 2 decimal places, e.g. 15.25.)
Target selling price
$
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