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PQR Inc. produces organic baby products. The company incurred the following costs during the month of September: direct materials $40,000, direct labor $30,000, manufacturing overhead
PQR Inc. produces organic baby products. The company incurred the following costs during the month of September: direct materials $40,000, direct labor $30,000, manufacturing overhead $20,000, and selling and administrative expenses $15,000. The company produced 2,000 units of baby products during the month. Calculate the total cost per unit and the selling price per unit if the company wants to earn a 70% markup on total cost.
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