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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: Per Unit Total Direct materials
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 $14 19 Direct labour 12 Variable manufacturing overhead $2,343,000 Fixed manufacturing overhead 6 Variable selling and administrative expenses 1,491,000 Fixed selling and administrative expenses These costs are based on a budgeted volume of 213,000 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 25%. Calculate the total variable cost per unit, total fixed cost per unit, and total cost per unit for M14-M16. 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 e Textbook and Media Question Part Score Calculate the desired markup per unit for M14-M16. (Round answer to 2 decimal places, eg. 15.25.) $ Markup per unit Calculate the target selling price for M14-M16. (Round answer to 2 decimal places, eg. 15.25.) $ Target selling price e Textbook and Media --12 Question Part Score Assuming that 170,400 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 fixed costs per unit $ Total cost per unit
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