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Required information Skip to question [The following information applies to the questions displayed below.] The following data pertain to Lawn Master Corporations top-of-the-line lawn mower.
Required information
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[The following information applies to the questions displayed below.]
The following data pertain to Lawn Master Corporations top-of-the-line lawn mower.
Variable manufacturing cost | $ 307 |
---|---|
Applied fixed manufacturing cost | 51 |
Variable selling and administrative cost | 63 |
Allocated fixed selling and administrative cost | ? |
To achieve a target price of $519 per lawn mower, the markup percentage is 12.8 percent on total unit cost.
Required:
1. What is the fixed selling and administrative cost allocated to each unit of Lawn Masters top-of-the-line mower?
Note: Round your intermediate calculations and final answer to the nearest whole dollar amount.
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