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Novak 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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Novak 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 $28 Direct labor $40 Variable manufacturing overhead $10 Fixed manufacturing overhead $1,440,000 Variable selling and administrative expenses $ 7 Fixed selling and administrative expenses $ 960.000 These costs are based on a budgeted volume of 80,000 units produced and sold each year. Novak 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 M14-M16. Variable cost per unit $ Fixed cost per unit Total cost per unit $ e Textbook and Media Compute the desired ROI per unit for M14-M16. Desired ROI per unit e Textbook and Media Compute the target selling price for M14-M16. Target selling price per unit e Textbook and Media Compute unit variable cost, unit fixed cost, and unit total cost assuming that 60,000 M14-M16s are produced and sold during the year. Variable cost per unit $ Fixed cost per unit Total cost per unit $ e Textbook and Media

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