Question
Concord Windows Inc. is in the process of setting a target price on its newly designed tinted window. Cost data relating to the window at
Concord Windows Inc. is in the process of setting a target price on its newly designed tinted window. Cost data relating to the window at a budgeted volume of 4,560 units are as follows. Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses (a) X Your answer is incorrect. Per Unit Markup Percentage $ 110 $60 eTextbook and Media 20 $10 Concord Windows uses cost-plus pricing methods that are designed to provide the company with a 25% ROI on its tinted window line A total of $1158,240 in assets is committed to production of the new tinted window. Total $ 136,800 Compute the markup percentage under absorption-cost pricing that will allow Concord Windows to realize its desired ROI. 60.5 96 $ 116,280 T Assistance Used
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