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LafleurCorporationneedstosetatargetpriceforitsnewlydesignedproduct,M14-M16.Thefollowingdatarelatetoit: 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

LafleurCorporationneedstosetatargetpriceforitsnewlydesignedproduct,M14-M16.Thefollowingdatarelatetoit:

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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 $12 Direct labour 16 Variable manufacturing overhead 10 Fixed manufacturing overhead $3,132,000 Variable selling and administrative expenses 6 Fixed selling and administrative expenses 2,088,000 These costs are based on a budgeted volume of 261,000 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. Total variable cost per unit $ Total fixed costs per unit Total cost per unit eTextbook and Media Question Part Score Calculate the desired markup per unit for M14-M16. (Round answer to 2 decimal places, e.g. 15.25.) Markup per unit $ eTextbook and Media Question Part Score Calculate the target selling price for M14-M16. (Round answer to 2 decimal places, e.g. 15.25.) Target selling price $ e Textbook and Media Question Part Score Assuming that 208,800 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

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