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(c) Suppose Bramble Company's managers want to implement target costing. Under target costing, the managers need to determine the amount of cost savings that must

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(c) Suppose Bramble Company's managers want to implement target costing. Under target costing, the managers need to determine the amount of cost savings that must be achieved to earn a desired level of profit. If they must set a competitive price of $696.45 and require a 10% profit based on the total cost calculated in the previous part, how much cost savings must they generate? (Round answer to 2 decimal places, e.g. 52.75.) Cost savings required $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Bramble Company uses an activity-based costing system. It has the following manufacturing activity areas, related drivers used as allocation bases, and cost allocation rates: Cost Cost Allocation Activity Driver Rate Machine setup Number of setups $ 60 Material handling Number of parts 0.6 Machining Machine hours 27 Assembly Direct labour hours 23 Inspection Number of finished units 13 During the month, 100 units were produced, requiring 4 setups. Each unit consisted of 18 parts and used 1.5 direct labour hours and 1.25 machine hours. Direct materials cost $100 per finished unit. All other manufacturing costs are classified as conversion costs. ABC costs for research and marketing costs are $140 per unit. All other nonmanufacturing ABC costs are $360 per unit. (a) Calculate the manufacturing cost per unit for the period. (Round answer to 2 decimal places, e.g. 52.75.) Cost per unit $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer (b) Calculate the total cost (manufacturing and nonmanufacturing costs) per unit for the period. (Round answer to 2 decimal places, e.g. 52.75.) Total cost per unit $

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