Sheridan Corporation needs to set a target price for its newly designed product, M14-M16. The following data relate to it: Per Unit Total Direct materials Direct labour $13. 19 Variable manufacturing overhead 11 Fixed manufacturing overhead $3,216,000 Variable selling and administrative expenses 6 Fixed selling and administrative expenses 2.144.000 These costs are based on a budgeted volume of 268,000 units produced and sold each year. Sheridan uses cost-plus pricing to set its target selling price. The markup on the total unit cost is 30%. (a) Calculate the total variable cost per unit, total fixed cost per unit, and total cost per unit for M14-M16. Total variable cost per unit $ (a) Calculate the total variable cost per unit, total fixed cost per unit, and total cost per unit for M14-M16. Total variable cost per unit $ Total fixed costs per unit Total cost per unit eTextbook and Media Save for Later $ Attempts: 0 of 3 used Submit