Question
Garcia Company sells snowboards. Each snowboard requires direct materials of $110, direct labor of $40, variable overhead of $55, and variable selling, general, and
Garcia Company sells snowboards. Each snowboard requires direct materials of $110, direct labor of $40, variable overhead of $55, and variable selling, general, and administrative costs of $13. The company has fixed overhead costs of $655,000 and fixed selling, general, and administrative costs of $170,000. It expects to produce and sell 11,000 snowboards. What is the selling price per unit if Garcia uses a markup of 15% of total cost? Note: Do not round your intermediate calculations. Round your final answer to nearest whole dollar amounts. Selling price per unit
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