Question
Kaspar Corporation makes a commercial-grade cooking griddle. The following information is available for Kaspar Corporation's anticipated annual volume of 30,900 units. Per Unit Total Direct
Kaspar Corporation makes a commercial-grade cooking griddle. The following information is available for Kaspar Corporation's anticipated annual volume of 30,900 units.
| Per Unit | Total | |||||
| Direct materials | $20 | |||||
| Direct labor | $10 | |||||
| Variable manufacturing overhead | $15 | |||||
| Fixed manufacturing overhead | $370,800 | |||||
| Variable selling and administrative expenses | $5 | |||||
| Fixed selling and administrative expenses | $92,700 | |||||
The company uses a 40% markup percentage on total cost.
B. Compute the target selling price.
| Target selling price | $Type your answer here |
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Advanced Financial Accounting
Authors: Theodore E. Christensen, David M. Cottrell, Richard E. Baker
10th edition
78025621, 978-0078025624
