Pharoah Remanufacturing rebuilds spot welders for manufacturers. The following budgeted cost data for 2022 are available for Pharoah: Time Charges $195,000 Material Loading Charges Technicians' wages and benefits Parts manager's salary and benefits Office employee's salary and benefits Other overhead Total budgeted costs 70,200 31,200 $296,400 $47,740 20,615 29,295 $97,650 The company wants a $40 profit margin per hour of labour and a 20% profit margin on parts. It has budgeted for 7,800 hours of repair time in the coming year and estimates that the total invoice cost of parts and materials in 2022 will be $434,000.

Sandhill's Recording Studio rents studio time to musicians in two-hour blocks. Each session includes the use of the studio facilities, a digital recording of the performance, and a professional music producer/mixer. Anticipated annual volume is 1,400 sessions. The company has invested $2,073,750 in the studio and expects a return on investment of 20%. Budgeted costs for the coming year are as follows: Direct materials (tapes, CDs, etc.) Direct labour Variable overhead Fixed overhead Variable selling and administrative expenses Fixed selling and administrative expenses Per Session $25 380 60 Total $1,358,000 35 707,000

Determine the total cost per session. Total cost per session $

Ivanhoe Corporation produces microwave units. The following per-unit cost information is available: direct materials $35; direct labour $22; variable manufacturing overhead $17; fixed manufacturing overhead $41; variable selling and administrative expenses $13; and fixed selling and administrative expenses $28. Its desired ROl per unit is $27.57. Calculate the markup percentage using variable-cost pricing. (Round answer to 2 decimal places, e.g. 15.25%.) %