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Concord Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product Per Unit Total
Concord Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product Per Unit Total Direct materials $32 $44 $8 Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $1,641,600 $6 $ 1.094.400 These costs are based on a budgeted volume of 91,200 units produced and sold each year. Concord uses cost plus pricing methods to setits target selling price. The markup percentage on total unit cost is 40% (a) Compute the total unit variable cost, total unit fixed cost and total unit cost for M14-M16. Variable cost per unit $ Fixed cost per unit Total cost per unit $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit
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