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Pls answer the following for Q25: a) What is the fixed selling and administrative cost allocated to each unit of LawnMates top-of-the-line mower? b) For
Pls answer the following for Q25:
a) What is the fixed selling and administrative cost allocated to each unit of LawnMates top-of-the-line mower?
b) For each of the following cost bases, develop a cost-plus pricing formula that will result in a target price of $950 per mower:
(a) variable manufacturing cost (b) absorption manufacturing cost (c) total variable cost.
Cost-plus pricing formulas; missing data: manufacturer LO20.3 The following data relate to LawnMate Corporation's top-of-the-line lawnmower. To achieve a target price of $950 per lawnmower, the markup percentage is 12.5 per cent on total unit costStep by Step Solution
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