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please solve each part of this problem National Corporation needs to set a target price for its newly designed product M14-M16. The following data relate
please solve each part of this problem
National Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. Total Per Unit $ 20 $36 $ 10 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $ 1.343,000 $ 4 $ 1.027,000 These costs are based on a budgeted volume of 79,000 units produced and sold each year. National uses cost-plus pricing methods to set its target selling price. The markup percentage on total unit cost is 40%, Compute the total variable cost per unit, total fixed cost per unit, and total cost per unit for M14-M16. Variable cost per unit Fixed cost per unit Total cost per unit e Textbook and Media Compute the desired ROI per unit for M14-M16. Desired ROI $ per unit eTextbook and Media Compute the target selling price for M14-M16, Target selling price per unit) $ eTextbook and Media Compute variable cost per unit, fixed cost per unit, and total cost per unit assuming that 59.250 M14-M16s are produced and sold during the year. Variable cost per unit $ Fixed cost per unit Total cost per unit $ e Textbook and Media Step by Step Solution
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