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		$12
Direct labour		19
Variable manufacturing overhead		10
Fixed manufacturing overhead				$3,304,000
Variable selling and administrative expenses		6
Fixed selling and administrative expenses				1,652,000

These costs are based on a budgeted volume of 236,000 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 30%.

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		$

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Question Part Score

--/3

Calculate the desired markup per unit for M14-M16. (Round answer to 2 decimal places, e.g. 15.25.)

Markup per unit

$

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Question Part Score

--/2

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

Target selling price

$

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Question Part Score

--/2

Assuming that 188,800 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, e.g. 15.25.)

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