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Marigold Corporation makes a commercial-grade cooking griddle. The following information is available for Marigold Corporation's anticipated annual volume of 32,900 units. Per Unit Total Direct
Marigold Corporation makes a commercial-grade cooking griddle. The following information is available for Marigold Corporation's anticipated annual volume of 32,900 units.
The company uses a 45% markup percentage on total cost.
| Per Unit | Total | |||||
| Direct materials | $18 | |||||
| Direct labor | $5 | |||||
| Variable manufacturing overhead | $13 | |||||
| Fixed manufacturing overhead | $394,800 | |||||
| Variable selling and administrative expenses | $7 | |||||
| Fixed selling and administrative expenses | $164,500 | |||||
The company uses a 45% markup percentage on total cost.
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Financial Accounting Concepts And Applications
Authors: K. Fred Skousen, James D. Stice, Earl Kay. Stice, W. Steve Albrecht
7th Edition
0538876255, 978-0538876254
