Question
Crafty Designs has variable manufacturing costs of $15 per unit and fixed manufacturing costs of $5 per unit. Variable selling and administrative costs are $2
Crafty Designs has variable manufacturing costs of $15 per unit and fixed manufacturing costs of $5 per unit. Variable selling and administrative costs are $2 per unit and fixed selling and administrative costs are $1 per unit. Crafty desires an ROI $4 per unit. Crafty Designs uses the absorption-cost approach to pricing.
Calculate the target selling price for Crafty Designs (requires two answers)
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