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La Mujer Accessories Inc. produces womens handbags. The cost of producing 1,260 handbags is as follows: Direct materials $15,700 Direct labor 7,800 Factory overhead 6,500

La Mujer Accessories Inc. produces womens handbags. The cost of producing 1,260 handbags is as follows:

Direct materials $15,700
Direct labor 7,800
Factory overhead 6,500
Total manufacturing cost $30,000

The selling and administrative expenses are $26,900. The management wants a profit equal to 16% of invested assets of $504,000.

If required, round your answers to nearest whole number.

a. Determine the amount of desired profit from the production and sale of 1,260 handbags. $fill in the blank 1

b. Determine the product cost per unit for the production of 1,260 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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