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I cant figure out how to flip it sorry eBook Show Me How Calculator L Print Item Voice Com, Inc., uses the product cost method
I cant figure out how to flip it sorry
eBook Show Me How Calculator L Print Item Voice Com, Inc., uses the product cost method of applying the cost-plus approach to product pricing. The costs of producing and selling 5,340 units of cell phones are as follows: Variable costs: Fixed costs: Direct materials $73 per unit Factory overhead $198,800 Direct labor 35 Selling and admin. exp. 69,500 Factory overhead 25 Selling and admin. exp. 19 Total variable cost per unit $152 per unit Voice Com desires a profit equal to a 13% rate of return on invested assets of $600,000. a. Determine the amount of desired profit from the production and sale of 5,340 units of cell phones. b. Determine the product cost per unit for the production of 5,340 of cell phones. If required, round your answer to nearest dollar. per unit c. Determine the product cost markup percentage (rounded to two decimal places) for cell phones. % d. Determine the selling price of cell phones. Round to the nearest dollar. Total Cost per unit Markup per unit Selling price per unit O 12:32 8/11/2Step by Step Solution
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