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Novak Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Novak Corporation's anticipated annual volume of
Novak Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Novak Corporation's anticipated annual volume of 524,000 units.
Per Unit | Total | |||||
---|---|---|---|---|---|---|
Direct materials | $ 6 | |||||
Direct labor | $ 11 | |||||
Variable manufacturing overhead | $ 17 | |||||
Fixed manufacturing overhead | $ 3,144,000 | |||||
Variable selling and administrative expenses | $ 17 | |||||
Fixed selling and administrative expenses | $ 1,572,000 |
The company has a desired ROI of 25%. It has invested assets of $ 31,440,000.
Compute the target selling price. (Round answer to 0 decimal places, e.g. 75.)
Target selling price | $ enter the target selling price in dollars |
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