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Garcia Co. sells snowboards. Each snowboard requires direct materials of $106, direct labor of $36, and variable overhead of $51. The company expects fixed overhead
Garcia Co. sells snowboards. Each snowboard requires direct materials of $106, direct labor of $36, and variable overhead of $51. The company expects fixed overhead costs of $647,000 and fixed selling and administrative costs of $148,000 for the next year. It expects to produce and sell 10,600 snowboards in the next year. What will be the selling price per unit if Garcia uses a markup of 10% of total cost? (Round your answer to 2 decimal places.)
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