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National Corporation needs to set a target price for its newly designed product M14M16. The following data relate to this new product. Per Unit Total

National Corporation needs to set a target price for its newly designed product M14M16. The following data relate to this new product.

Per Unit Total
Direct materials $21
Direct labor $41
Variable manufacturing overhead $14
Fixed manufacturing overhead $1,264,000
Variable selling and administrative expenses $ 4
Fixed selling and administrative expenses $ 1,106,000

These costs are based on a budgeted volume of 79,000 units produced and sold each year. National uses cost-plus pricing methods to set its target selling price. The markup percentage on total unit cost is 40%.

Compute the total variable cost per unit, total fixed cost per unit, and total cost per unit for M14M16.

Variable cost per unit $enter a dollar amount
Fixed cost per unit enter a dollar amount
Total cost per unit $enter a total of the two previous amounts

eTextbook and Media

Compute the desired ROI per unit for M14M16.

Desired ROI $enter the desired ROI per unit in dollars per unit

eTextbook and Media

Compute the target selling price for M14M16.

Target selling price per unit $enter the target selling price per unit in dollars

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