Question
Schopp Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Schopp Corporation's anticipated annual volume of
Schopp Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Schopp Corporation's anticipated annual volume of 529,000 units.
| Per Unit | Total | |||||
|---|---|---|---|---|---|---|
| Direct materials | $ 6 | |||||
| Direct labor | $10 | |||||
| Variable manufacturing overhead | $16 | |||||
| Fixed manufacturing overhead | $3,174,000 | |||||
| Variable selling and administrative expenses | $11 | |||||
| Fixed selling and administrative expenses | $1,587,000 | |||||
The company has a desired ROI of 25%. It has invested assets of $27,508,000.
WHAT IS THE TOTAL COST PER UNIT?
WHAT IS THE DESIRED ROI PER UNIT?
WHAT IS THE MARK UP PERCENTAGE USING TOTAL COST PER UNIT?
COMPUTE TARGET SELLING PRICE
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Principles Of Cost Accounting
Authors: Edward J. Vanderbeck
15th Edition
978-0840037039, 0840037031
