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Rapid Corp. makes two products: C and D. The following data have been summarized: Rapid Corp. desires a 27% target gross profit after covering all
Rapid Corp. makes two products: C and D. The following data have been summarized:
Rapid Corp. desires a 27% target gross profit after covering all product costs. Considering the total product costs assigned to the Products C and D, what would Rapid have to charge the customer to achieve that gross profit? Round to two decimal places.
- Data table Product C Product D Direct materials cost per unit $ 600.00 $ 2,200.00 Direct labor cost per unit 600.00 200.00 323.25 713.25 Indirect manufacturing cost per unit $ Total costs assigned 1,523.25 $ 3,113.25 Begin by selecting the formula to compute the amount that the company should charge for each product. Required sales price per unit = Excel should charge $ for Product C. . Excel should charge $ for Product D
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