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Pauley Company needs to determine a markup for a new product. Pauley expects to sell 15,000 units and wants a target profit of $22 per
Pauley Company needs to determine a markup for a new product. Pauley expects to sell 15,000 units and wants a target profit of $22 per unit. Additional Information is as follows: Fixed Costs (total) Variable Costs per Unit Direct materials Direct labor Overhead General and administrative $8 Overhead 9 General and administrative 2 11 Using the variable cost method, what markup percentage to variable cost should be used? $ 13,500 21,000
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