Exercise 25-11 (Algo) Pricing using total costs LO P6 Skull Company makes snowboards and uses the...
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Exercise 25-11 (Algo) Pricing using total costs LO P6 Skull Company makes snowboards and uses the total cost method in setting product price. Its costs for producing 19,000 units follow. The company targets a 10.0% markup on total cost. Variable Costs per Unit Direct materials Direct labor Overhead Selling, general and administrative $ 118 43 38 9 Fixed Costs (total) Overhead $ 482,000 Selling, general and administrative 468,000 1. Compute the total cost per unit if 19,000 units are produced. 2. Compute the dollar markup per unit. 3. Compute the selling price per unit. (For all requirements, round your final answers to the nearest dollar amounts.) 1. Total cost per unit 2. Markup per unit 3. Selling price per unit Exercise 25-11 (Algo) Pricing using total costs LO P6 Skull Company makes snowboards and uses the total cost method in setting product price. Its costs for producing 19,000 units follow. The company targets a 10.0% markup on total cost. Variable Costs per Unit Direct materials Direct labor Overhead Selling, general and administrative $ 118 43 38 9 Fixed Costs (total) Overhead $ 482,000 Selling, general and administrative 468,000 1. Compute the total cost per unit if 19,000 units are produced. 2. Compute the dollar markup per unit. 3. Compute the selling price per unit. (For all requirements, round your final answers to the nearest dollar amounts.) 1. Total cost per unit 2. Markup per unit 3. Selling price per unit
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