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Martinez Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. These costs are
Martinez Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. These costs are based on a budgeted volume of 76,800 units produced and sold each year. Martinez uses cost-plus pricing methods to set its target selling price. The markup percentage on total unit cost is 40%. Compute the total unit variable cost, total unit fixed cost, and total unit cost for M14M16. Variable cost per unit Fixed cost per unit Total cost per unit Compute the desired ROI per unit for M14-M16. Desired ROI per unit eTextbook and Media Compute the target selling price for M14-M16. Target selling price per unit $ Compute unit variable cost, unit fixed cost, and unit total cost assuming that 57,600M14M16s are produced and sold during the year. Variable cost per unit Fixed cost per unit Total cost per unit
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