Kirgan, Incorporated, manufactures a product with the following costs: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses Multiple Choice $ 718,200 $ 723,900 The company uses the absorption costing approach to cost-plus pricing described in the text. The pricing calculations are based on budgeted production and sales of 57,000 units per year. The company has Invested $140,000 in this product and expects a return on Investment of 13%. The selling price based on the absorption costing approach would be closest to: Note: Do not round Intermediate calculations. $77.42 $99.65 $77.10 Per Unit $ 24.60 $17.90 $ 4.80 $61.13 Per Year $ 4.50

Kirgar Incorporated, manufactures a product wrth the following costs The company uses the absorpson costing approach to cost-plus pncing described in the text The pricing calculations are based on budgeted production and sales 57000 unins per year The company has invosted $340,000 in this product and expects a return on investment of 13% The reling price based on the absorption costing approach would be closest to: Note Do not round intermediate calculations. 57242 59965 5730 Kirgan incorporated maruffactures a product weh the following coits The company uses the absorption costung approach to cost-plus prichng described in the text the pricing calculations are based on budgeted production and soles of 57,000 unns The company has irvested $140,000 in this product and expects a retum on investment of 13%. The selling price based on the absorption costing approach would be closest to' Note Do not round intermediate cakidatoons. vutupie Choke 57.42 3005 smad