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Pricing 1. Cost Plus Pricing Gaelco makes 10,000 units of their top selling sweatshirt. Compute the Following Unit total Direct materials 10 Direct Labor 15
Pricing | |||||
1. Cost Plus Pricing | |||||
Gaelco makes 10,000 units of their top selling sweatshirt. | |||||
Compute the Following | |||||
Unit | total | ||||
Direct materials | 10 | ||||
Direct Labor | 15 | ||||
Variable Overhead | 12 | ||||
Fixed Overhead | 30000 | ||||
Variable Selling and Administrative Costs | 5 | ||||
Fixed Selling and Administrative Costs | 20000 | ||||
A. What is the total | |||||
cost per unit? | |||||
B.What is the total | |||||
cost for 10,000 units? | |||||
C. Assuming that the desired profit is a 50% markup | |||||
calculate the Price for one unit. | |||||
Cost | + | markup | = | price | |
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