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managerial accounting help ASAP?!?! 5) Gildersleeve Corporation manufactures a product that has thefollow Per vear Per unit $6.00 5.00 4.00 Direct materials Direct labour V
managerial accounting help ASAP?!?!
5) Gildersleeve Corporation manufactures a product that has thefollow Per vear Per unit $6.00 5.00 4.00 Direct materials Direct labour V ariable manufacturing overhead Fixed manufacturing overhead $360,000 Variable SG&A expenses 5.00 Fixed SG&A expenses 120,000 The company uses the absorption costing approach to cost-plus p based on budgeted production and sales of 30,000 units per year. ricing. The pricing calculations are The company has invested $600,000 in this product and expects a return on investment of 15%. Required a) Compute the markup on absorption cost. b) Compute the target selling price of the product using the absorption costing approach. tod incomStep by Step Solution
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