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part 2 these two are two part questions Bonita Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is
part 2
these two are two part questions
Bonita Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Bonita Corporation's anticipated annual volume of 491,000 units. Per Unit Total $6 $15 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $3.437,000 $16 $1,473,000 The company has a desired ROI of 25%. It has invested assets of $29,460,000. (a) Compute the total cost per unit. Total cost per unit $ Compute the desired ROI per unit. (Round answer to 2 decimal places, e.g. 10.50.) Desired ROI per units LINK TO TEXT VIDEOSIMILAR EXERCISE Compute the markup percentage using total cost per unit. (Round answer to 2 decimal places, e.g. 10.50.) Markup percentage using total cost per unit LINK TO TEXT VIDEO SIMILAR EXERCISE Compute the target selling price. (Round answer to 2 decimal places, e.g. 10.50.) Target selling price LINK TO TEXT VIDEO: SEMILAR EXERCISE Crane Inc. (AP) is a manufacturer of toaster ovens. To improve control over operations, the president of AP wants to begin using a flexible budgeting system, rather than use only the current master budget. The following data are available for AP's expected costs at production levels of 80,000,90,000 and 100,000 units. Variable costs Manufacturing $6 per unit Administrative $3 per unit Selling $1 per unit Fixed costs Manufacturing $130,000 Administrative $70,000 Prepare a flexible budget for each of the possible production levels: 80,000,90,000, and 100,000 units. (List variable costs before fixed costs.) CRANE INC. Flexible Production Cost BudgetStep by Step Solution
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