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Bramble Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. Per Total
Bramble 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 Direct materials Direct labor $42 $54 Variable manufacturing overhead $12 Fixed manufacturing overhead $1,843,200 Variable selling and administrative expenses $7 Fixed selling and administrative expenses $1,228,800 These costs are based on a budgeted volume of 102.400 units produced and sold each year. Bramble uses cost-plus pricing methods to set its target selling price. The markup percentage on total unit cost is 40%. Your answer is correct. Compute the total unit variable cost, total unit fixed cost, and total unit cost for M14-M16. Variable cost per unit $ 115 Fixed cost per unit 30
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