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Lafleur Corporation needs to set a target price for its newly designed product, M14-M16. The following data relate to it Total Per Unit $15 16
Lafleur Corporation needs to set a target price for its newly designed product, M14-M16. The following data relate to it Total Per Unit $15 16 13 Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $2,574,000 6 1,638,000 These costs are based on a budgeted volume of 234.000 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 35%. 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 foved costs per unit $ Total cost per unit e Textbook and Media Question Part Score --/3 Calculate the desired markup per unit for M14-M16. (Round answer to 2 decimal places, eg15.25.) Markup per unit eTextbook and Media Question Part Score --/2 Calculate the target selling price for M14-M16. (Round answer to 2 decimal places, eg 15.25.) $ Target selling price e Textbook and Media Question Part Score Assuming that 187,200 M14-M16s are produced during the year, calculate the variable cost per unit, fixed cost per unit, and total cost per unit. (Round answers to 2 decimal places.eg. 15.25) Total variable cost per unit $ Total foved costs per unit $ Total cost per unit
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