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Product Cost Method of Product Pricing La Femme Accessories Inc. produces women's handbags. The cost of producing 1,130 handbags is as follows: Direct materials Direct
Product Cost Method of Product Pricing La Femme Accessories Inc. produces women's handbags. The cost of producing 1,130 handbags is as follows: Direct materials Direct labor Factory overhead Total manufacturing cost The selling and administrative expenses are S26,600. The management desires a profit equal to 14% of invested assets of S435.000. If required, round your answers to nearest whole number. a. Determine the amount of desired profit from the production and sale of 1,130 handbags. $15,700 9,000 6,400 $31,100 b. Determine the product cost per unit for the production of 1,130 handbags. per unit c. Determine the product cost markup percentage for handbags. d. Determine the selling price of handbags. Round your answers to nearest whole value Cost Markup Selling price per unit per unit per unit
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