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Login- FAFSA on.... www.bigbend.edu... OKINAWANS: TH... Big Bend Commu... New Tab Big Bend Commu... eBook Calculator Total Cost Concept of Product Pricing once Smart Stream

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Login- FAFSA on.... www.bigbend.edu... OKINAWANS: TH... Big Bend Commu... New Tab Big Bend Commu... eBook Calculator Total Cost Concept of Product Pricing once Smart Stream Inc. uses the total cost concept of applying the cost-plus approach to product pricing. The costs of producing and selling 9,000 units of cellular phones are as follows: Variable costs: Fixed costs: Direct materials $95 per unit Factory overhead $432,900 Direct labor 44 Selling and admin. exp. 152,100 Factory overhead 29 Selling and admin. exp. 22 Total $190 per unit Smart Stream wants a profit equal to a 15% rate of return on invested assets of $1,162,800. a. Determine the total costs and the total cost amount per unit for the production and sale of 9.000 units of cellular phones. Round the cost per unit to two decimal places. Total costs ch Cost amount per unit b. Determine the total cost markup percentage (rounded to two decimal places) for cellular phones. X % c. Determine the selling price of cellular phones. Round to the nearest cent. 1sity per phone Feedback A

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