Kaspar Corporation makes a commercial-grade cooking griddle. The following info Total Per Unit $17 $6 $15 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $523,200 $4 $228,900 The company uses a 40% markup percentage on total cost. Compute the total cost per unit. Total cost per unit $ Compute the target selling price. Target selling price $ Bramble Corp. has a new product going on the market next year. The following data are projections for production and sales: Variable costs Fixed costs ROI $150000 $450000 16% Investment $1800000 200000 units Sales What is the markup percentage? 64% 48% 192% 17% DeWitt Industries has adopted the following production budget for the first 4 months of 2020. Month Units Month Units January 10,350 March 5,470 February 8,230 April 4,210 Each unit requires 4 pounds of raw materials costing $2 per pound. On December 31, 2019, the ending raw materials inventory was 8,280 pounds. Management wants to have a raw materials inventory at the end of the month equal to 20% of next month's production requirements. Prepare a direct materials purchases budget by month for the first quarter. DEWITT INDUSTRIES Direct Materials Purchases Budget For the Quarter Ending March 31, 2020 February March