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Steeze Co. makes snowboards and uses the total cost approach in setting product prices. Its costs for producing 12,000 units follow. The company targets a
Steeze Co. makes snowboards and uses the total cost approach in setting product prices. Its costs for producing 12,000 units follow. The company targets a profit of $428400 on this product Variable Costs per Unit Direct materials Direct labor Overhead Selling Fixed Costs $ 104 overhead $474,000 109,000 24 Administrative 329,000 29 Selling 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 product's selling price using the total cost methoo 1. Total cost per unit 2 Markup percentage 3Selling price
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