Question 5 Question 5 122 Marks Kitchener Inc., manufactures a product with the following costs: Direct Materials $24.90 per unit Direct Labor 13.90 per unit Variable Manufacturing Overhead 2.10 per unit Fixed Manufacturing Overhead $1,182,600 Variable Selling & Administrative expenses $2.00 per unit Selling & Administrative Expenses $1,166,400 The company uses the absorption costing approach to cost-plus pricing. The pricing calculations are based on budgeted production and sales of 81,000 units per year. The company has invested $220,000 in this product and expects a return on investment of 15%. Required: 4. Calculate the unit product cost [8 marks] b. Compute the markup required to achieve the desired ROI (8 marks] C. Compute the target selling price to achieve desired profit [6 marks] Paragraph % DOO Arial 3 (12pt) E-ET- T* T R1 HTHLESS Mashups T ODO ODO F2