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Mademoiselle Company produces women's handbags. The cost of producing 1,260 handbags is as follows: Direct materials Direct labor Factory overhead Total manufacturing cost The selling
Mademoiselle Company produces women's handbags. The cost of producing 1,260 handbags is as follows: Direct materials Direct labor Factory overhead Total manufacturing cost The selling and administrative expenses are $27,100. The management desires a profit equal to 17% of invested assets of $501,000. If required, round your answers to nearest whole number. a. Determine the amount of desired profit from the production and sale of 1,260 handbags. $14,200 8,700 5,600 $28,500 85,170 b. Determine the product cost per unit for the production of 1,260 handbags. X per unit c. Determine the product cost markup percentage for handbags. d. Determine the selling price of handbags. Round your answers to nearest whole value Cost Markup Selling price X per unit X per unit X per unit
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