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Always start your answer in column B...COLUMN AISFUH INSTRUCTUH USE ONLY You may use space below the question to show calculations. Please put correct answer

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Always start your answer in column B...COLUMN AISFUH INSTRUCTUH USE ONLY You may use space below the question to show calculations. Please put correct answer in the underlined space provided. ABC Company requires a 20 percent profit on new product. It in the process of releasing a new version of tablet. The tablet has a target price of: $ 550.00 Required: al Compute the amount of desired profit. 1 Mark) b) Compute the target cost. (1 Mark ABC Company manufactures a Product S and the per unit data pertaining to this product are as follow: Sale price Direct materials Direct labor Variable overhead Fixed overhead 45.60 9.60 12.00 10.80 4.80 The company has sufficient capacity to accept a special order for 27,500 units that it just received. Selling costs associated with this order would be $ 3.60 per unit. Required: Compute the minimum selling price per unit. 0 12 Marks

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