Steeze Co. makes snowboards and uses the total cost approach in setting product prices. Its costs for producing 15,500 units follow. The company targets a profit of $455,700 on this product.

Variable Costs per Unit				Fixed Costs
Direct materials	$	111		Overhead	$	481,000
Direct labor		36		Selling		113,000
Overhead		31		Administrative		336,000
Selling		7

1. Compute the total cost per unit. 2. Compute the markup percentage on total cost. (Round your final percentage answer to 1 decimal place.) 3. Compute the products selling price using the total cost method.

Steeze Co. makes snowboards and uses the total cost approach In setting product The compamy targets a profit of $455,700 on this product $ 111 Overhead $481,806e 113,809 336,886 Direct naterials Direct labor Overhead Selling 36 Selling 31 Adninistrative 7 1. Compute the total cost per unit 2 Compute the markup percentage on total cost. (Round your final percentage ans 3. Compute the product's selling price using the total cost method. 245 1. Total cost per unit 2. Markup percentage 3. Selling price