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Marigold Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product Per Unit Total

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Marigold Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product Per Unit Total Direct materials $32 $44 $8 Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $1,353,600 $6 $ 902,400 These costs are based on a budgeted volume of 75,200 units produced and sold each year. Marigold uses cost-plus pricing methods to set its target selling price. The markup percentage on total unit cost is 40%. Your answer is correct. Compute the total unit variable cost, total unit fixed cost, and total unit cost for M14-M16, Variable cost per unit $ 90 Fixed cost per unit 30 Total cost per unit $ 120 e Textbook and Media 5/ 10 Compute the desired ROI per unit for M14-M16. E Desired ROI $ 48 per unit e Textbook and Media X Your answer is incorrect. Compute the target selling price for M14-M16, Target selling price per unit e Textbook and Media x Your answer is incorrect. Compute unit variable cost, unit fixed cost, and unit total cost assuming that 56,400 M14-M16s are produced and sold during the year Variable cost per unit $ Fixed cost per unit Total cost per unit

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