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Garcia Co. sells snowboards. Each snowboard requires direct materials of $120, direct labor of $50, and variable overhead of $65. The company expects fixed overhead
Garcia Co. sells snowboards. Each snowboard requires direct materials of $120, direct labor of $50, and variable overhead of $65. The company expects fixed overhead costs of $675.000 and fixed selling and administrative costs of $141,000 for the next year. It expects to produce and sell 12.000 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.) Selling price Unit GoSnow sells snowboards. Each snowboard requires direct materials of $129, direct labor of $54, and variable overhead of $64. The company expects fixed overhead costs of $891222 and fixed selling and administrative costs of $401,000 for the next year. The company has a target profit of $295,000. It expects to produce and sell 11,900 Snowboards in the next year. Compute the selling price using the variable cost method. (Do not round your intermediate calculations. Round your final answer to 2 decimal places.) Selling per unit price Raju is a price-taker in a competitive product market. The current market prices $0 per unit, and Raju's desired profit $ 10% of market price. Using target costing, what is the highest Raju's costs can be? (Round your answer to 2 decimal places.) Target cost
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