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Skull Company makes snowboards and uses the total cost method in setting product price. Its costs for producing 14,500 units follow. The company targets a
Skull Company makes snowboards and uses the total cost method in setting product price. Its costs for producing 14,500 units follow. The company targets a 10.0% markup on total cost. Variable Costs per Unit Direct materials $ 109 Direct labor 34 Overhead 29 Selling, general and administrative 8 Fixed Costs (total) Overhead $ 479,000 Selling, general and administrative 449,000 1. Compute the total cost per unit if 14,500 units are produced. 2. Compute the dollar markup per unit. 3. Compute the selling price per unit. (For all requirements, round your final answers to the nearest dollar amounts.)
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