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please answer asap Lafleur Corporation needs to set a target price for its newly designed product, M14-M16. The following data relate to it: Per Unit
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Lafleur Corporation needs to set a target price for its newly designed product, M14-M16. The following data relate to it: Per Unit Total $13 Direct materials Direct labour 16 11 $3,084.000 Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses 3 2,056,000 These costs are based on a budgeted volume of 257.000 units produced and sold each year Lafleur uses cast plus pricing to set its target selling price. The markup on the total unit costis 45% Calculate the total variable cost per unit total fixed cost per unit and total cost per unit for M14 Mio. Total variable cost per unit 5 5 Totalted costs per unit Total cost per unit e Textbook and Media Question Part Score Calculate the desired markup per unit for M14-M16. (Round answer to 2 decimal places, eg. 15.25) Markup per unit e Textbook and Media Question Part Score -2 Calculate the target selling price for M14 M16. (Round answer to 2 decimal places, e.g. 15.25) Target selling price $ e Textbook and Media eTextbook and Media Question Part Score --/2 Assuming that 205,600 M14.M16s are produced during the year, calculate the variable cost per unit, fixed cost per unit, and total cost per unit. (Round answers to 2 decimal places, es. 15.25.) Total variable cost per unit Total fixed costs per unit $ Total cost per unit e Textbook and Media Step by Step Solution
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