Night Glow Inc. recently began production of a new product, the halogen light, which required the investment of

$$600,000$ in assets. The costs of producing and selling $10,000$ halogen lights are estimated as follows:

Fixed costs:

Factory overhead

$$180,000$

Selling and administrative expenses $,80,000$

Night Glow Inc. is currently considering establishing a selling price for the halogen light. The president of Night

Glow Inc. has decided to use the cost$-$plus approach to product pricing and has indicated that the halogen light

must earn a $10\%$ return on invested assets.

Required:

Note: Round all markup percentages to two decimal places, if required. Round all costs per unit and

selling prices per unit to the nearest whole dollar.

Determine the amount of desired profit from the production and sale of the halogen light.

$

Assuming that the product cost method is used, determine the following:

a$.$ Cost amount per unit

b$.$ Markup percentage

$

$\%$

c$.$ Selling price per unit

$

$($Appendix$)$ Assuming that the total cost method is used, determine the following:

a$.$ Cost amount per unit

b$.$ Markup percentage

$\%$

c$.$ Selling price per unit

$

$($Appendix$)$ Assuming that the variable cost method is used, determine the following:

a$.$ Variable cost amount per unit

$

b$.$ Markup percentage

$\%$

c$.$ Selling price per unit