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Gundy Corporation produces area rugs. The following per unit cost information is available: direct materials $19, direct labor $9, variable manufacturing overhead $2, fixed manufacturing

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Gundy Corporation produces area rugs. The following per unit cost information is available: direct materials $19, direct labor $9, variable manufacturing overhead $2, fixed manufacturing overhead $8, variable selling and administrative expenses $2, and fixed selling and administrative expenses $4. Using a 40% markup on total per unit cost, compute the target selling price. (Round answer to 2 decimal places, e.g. 10.50.) Target selling price $ eTextbook and Media Save for Later Attempts: 0 of 5 used Submit

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