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Durant Manufacturers has performed extensive studies on its costs and production and estimates the following annual costs based on 166,000 units (produced and sold) Total

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Durant Manufacturers has performed extensive studies on its costs and production and estimates the following annual costs based on 166,000 units (produced and sold) Total Ann Direct material Direct labor Manufacturing overhead Selling, general, and administrative Costs (166,000 units) $ 298,000 261,000 222,000 135,000 Total $916,000 Required: (a) Compute Durant's unit selling price that ill yield a profit of $793,800, given sales of 166,000 units. Round your answer to 2 decimal places. per unit (b) Compute Durants dollar sales that will yield a projected 23 percent profit on sales assuming variable costs per unit are 52 percent of the selling price per unit and fixed costs are $540,000 les (c) Management beleves that a selling price of $740 per unit is reasonable given current market 0 Type here to search

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