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La Mujer Accessories Inc. produces womens handbags. The cost of producing 1,200 handbags is as follows: Direct materials $14,300 Direct labor 8,300 Factory overhead 6,100

La Mujer Accessories Inc. produces womens handbags. The cost of producing 1,200 handbags is as follows:

Direct materials $14,300
Direct labor 8,300
Factory overhead 6,100
Total manufacturing cost $28,700

The selling and administrative expenses are $27,900. The management wants a profit equal to 14% of invested assets of $495,000.

If required, round your answers to nearest whole number.

a. Determine the amount of desired profit from the production and sale of 1,200 handbags. $fill in the blank 1

b. Determine the product cost per unit for the production of 1,200 handbags. $fill in the blank 2per unit

c. Determine the product cost markup percentage for handbags. fill in the blank 3 %

d. Determine the selling price of handbags.

Cost $fill in the blank 4 per unit
Markup fill in the blank 5 per unit
Selling price $fill in the blank 6 per unit

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