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Garcia Company sells snowboards. Each snowboard requires direct materials of $100, direct labor of $30, variable overhead of $45, and variable selling, general, and administrative
Garcia Company sells snowboards. Each snowboard requires direct materials of $100, direct labor of $30, variable overhead of $45, and variable selling, general, and administrative costs of $3. The company has fixed overhead costs of $635,000 and fixed selling, general, and administrative costs of $85,000. It expects to produce and sell 10,000 snowboards. What is the selling price per unit if Garcia uses a markup of 20% of total cost
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