Kennedy Corporation makes a commercial-grade cooking griddle. The following information is available for Kaspar Corporation's anticipated annual volume of 30,000 units.

Use cost-plus pricing to determine selling price.

		Per Unit		Total
Direct materials		$17
Direct labor		$8
Variable manufacturing overhead		$11
Fixed manufacturing overhead				$300,000
Variable selling and administrative expenses		$4
Fixed selling and administrative expenses				$150,000

The company uses a 40% markup percentage on total cost.

a. Compute the total cost per unit.

b. Compute the target selling price.

Please label each item and clearly show how you got each number