Lafleur Corporation needs to set a target price for its newly designed product, M14-M16. The following data relate to it:

		Per Unit		Total
Direct materials		$15
Direct labour		17
Variable manufacturing overhead		13
Fixed manufacturing overhead				$3,179,000
Variable selling and administrative expenses		3
Fixed selling and administrative expenses				2,023,000

These costs are based on a budgeted volume of 289,000 units produced and sold each year. Lafleur uses cost-plus pricing to set its target selling price. The markup on the total unit cost is 40%.

Calculate the total variable cost per unit, total fixed cost per unit, and total cost per unit for M14-M16.

Total variable cost per unit		$
Total fixed costs per unit		$
Total cost per unit		$

Calculate the desired markup per unit for M14-M16.

Markup per unit

$

Calculate the target selling price for M14-M16.

Target selling price

$

Assuming that 231,200 M14-M16s are produced during the year, calculate the variable cost per unit, fixed cost per unit, and total cost per unit

Total variable cost per unit		$
Total fixed costs per unit		$
Total cost per unit		$