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Ortega Company manufactures computer hard drives. The market for hard drives is very competitive. The current market price for a computer hard drive is $59.
Ortega Company manufactures computer hard drives. The market for hard drives is very competitive. The current market price for a computer hard drive is $59. Ortega would like a profit of $5 per drive. What target cost Ortega should set to accomplish this objective? Target cost $ per hard drive Mussatto Corporation produces snowboards. The following per unit cost information is available: direct materials $16, direct labor $6, variable manufacturing overhead $6, fixed manufacturing overhead $15, variable selling and administrative expenses $1, and fixed selling and administrative expenses $10. Using a 30% markup percentage on total per unit cost, compute the target selling price. (Round answer to 2 decimal places, e.g. 10.50.) Target selling price $ During the current year, Chudrick Corporation expects to produce 10,000 units and has budgeted the following: net income $300,000, variable costs $897,000, and fixed costs $103,000. It has invested assets of $1,500,000. The company's budgeted ROI was 20%. What was its budgeted markup percentage using a full-cost approach? Markup percentage % Ortega Company manufactures computer hard drives. The market for hard drives is very competitive. The current market price for a computer hard drive is $59. Ortega would like a profit of $5 per drive. What target cost Ortega should set to accomplish this objective? Target cost $ per hard drive Mussatto Corporation produces snowboards. The following per unit cost information is available: direct materials $16, direct labor $6, variable manufacturing overhead $6, fixed manufacturing overhead $15, variable selling and administrative expenses $1, and fixed selling and administrative expenses $10. Using a 30% markup percentage on total per unit cost, compute the target selling price. (Round answer to 2 decimal places, e.g. 10.50.) Target selling price $ During the current year, Chudrick Corporation expects to produce 10,000 units and has budgeted the following: net income $300,000, variable costs $897,000, and fixed costs $103,000. It has invested assets of $1,500,000. The company's budgeted ROI was 20%. What was its budgeted markup percentage using a full-cost approach? Markup percentage %
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