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Goliath Corporation is in the process of setting a selling price for a new product it has just designed. The following data relate to this
Goliath Corporation is in the process of setting a selling price for a new product it has just designed. The following data relate to this product for a budgeted volume of 60,000 units. Per Unit Total Direct materials $30 Direct labor 40 Variable manufacturing overhead 10 Fixed manufacturing overhead $1,800,000 Variable selling and administrative expenses 6 Fixed selling and administrative expenses 1,440,000 Goliath uses cost-plus pricing to set its target selling price. The markup on total unit cost is 30%. (a1) Your answer has been saved. See score details after the due date. Compute total variable cost per unit, total fixed cost per unit, and total cost per unit for the new product Total variable cost per unit 86 Total fixed cost per unit $ 54 Total cost per unit $ 140 Attempts: 1 of 1 used (a2) Your answer has been saved. See score details after the due date. Compute desired ROI per unit for the new product. Desired ROI per unit $ 42 Attempts: 1 of 1 used (a3) Compute target selling price for the new product. Target selling price $ Save for Later Attempts: 0 of 1 used Submit
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