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Skull Company makes snowboards and uses the total cost method in setting product price. Its costs for producing 20,000 units follow. The company targets

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Skull Company makes snowboards and uses the total cost method in setting product price. Its costs for producing 20,000 units follow. The company targets a 14.0% markup on total cost. Variable Costs per Unit Direct materials $ 125 Direct labor 40 Overhead 30 Selling, general and administrative 8 Fixed Costs (total) Overhead $ 492,000 Selling, general and administrative 448,000 1. Compute the total cost per unit if 20,000 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.) 1. Total cost per unit $ 220 2. Markup per unit $ 251 3. Selling price per unit $ 471

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