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		18
Variable manufacturing overhead		13
Fixed manufacturing overhead				$4,004,000
Variable selling and administrative expenses		3
Fixed selling and administrative expenses				2,574,000

These costs are based on a budgeted volume of 286,000 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. (Round answer to 2 decimal places, e.g. 15.25.)

Markup per unit

$?

Calculate the target selling price for M14-M16. (Round answer to 2 decimal places, e.g. 15.25.)

Target selling price

$?