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Please help asap. I'll be giving positive ratings, but please only answer if you're certain of the answer. Thank you! If you could also show
Please help asap. I'll be giving positive ratings, but please only answer if you're certain of the answer. Thank you! If you could also show work that would be good.
Goliath is in the process of setting a selling price for a new product it has just designed. The following data relate to this product for a budgeted volume of 60,000 units. S30 per unit S40 per unit S10 per unit Direct materials Direct labor Variable overhead Fixed overhead S1,800,000 total Variable selling and administrative S6 per unit Fixed selling and administrative $1,440,000 total 1, Goliath uses cost-plus pricing to set its target selling price. The markup on total unit cost is 30%. Goliath's expected investment is $10,080,000 and it desires a return on investment of 25%. What is the total cost per unit? 2. Goliath uses cost-plus pricing to set its target selling price. The markup on total unit cost is 30%. Goliath's expected investment is $10,080,000 and it desires a return on investment of 25%. What is the desired ROI (return on investment) per unit? 3. Goliath uses cost-plus pricing to set its target selling price. The markup on total unit cost is 30%. Goliath's expected investment is $10,080,000 and it desires a return on investment of 25%. Compute the markup percentage on cost. Enter your answer as a number without the percent sign. For example if you come up with 10% or .10 type in 10 4. Goliath uses cost-plus pricing to set its target selling price. The markup on total unit cost is 30%. Goliath's per unit? expected investment is $10,080,000 and it desires a return on investment of 25%. What is the target selling price Step by Step Solution
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