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Pinkin Inc. needs to determine a price for a new phone model. Pinkin desires a 25% markup on the total cost of the phone. Pinkin

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Pinkin Inc. needs to determine a price for a new phone model. Pinkin desires a 25% markup on the total cost of the phone. Pinkin expects to sell 32,000 phones. Additional Information is as follows: Variable product cost per unit Variable administrative cost per unit Total fixed overhead Total fixed administrative $ 77 52 87,888 73,000 Using the total cost method what price should Pinkin charge? Multiple Choice $160.10 O O $167.50 O $13410 o $147.66 $166.25 Galla Inc. operates in a highly competitive market where the market price for its product is $188 per unit. Galla desires a $21 profit per unit. Galla expects to sell 6.800 units. Additional Information is as follows: Variable product cost per unit Variable administrative cost per unit Total fixed overhead Total fixed administrative $ 21 16 63,000 36,000 Using target costing, what is the target cost? Multiple Choice $135.00 $172.00 d $130.00 $151.00 d $167.00 Pauley Company needs to determine a markup for a new product. Pauley expects to sell 18.000 units and wants a target profit of $17 per unit. Additional Information is as follows: Variable product cost per unit Variable administrative cost per unit Total fixed overhead Total fixed administrative $ 17 12 16,500 69,000 Using the variable cost method, what markup percentage to variable cost should be used? Multiple Choice O J 68% 8796 O 75% o 74%

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