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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

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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 Conte per Unit Direct materials $ 111 Direct labor 36 Overhead 31 Selling 7 Fixed Costa Overhead $481,000 Selling 113,000 Administrative 336,000 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 method. (Round your intermediate calculations and final answer to the nearest whole dollar amount.) % 1. Total cost per unit 2. Markup percentage 3. Selling price 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 Conte per Unit Direct materials $ 111 Direct labor 36 Overhead 31 Selling 7 Fixed Costa Overhead $481,000 Selling 113,000 Administrative 336,000 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 method. (Round your intermediate calculations and final answer to the nearest whole dollar amount.) % 1. Total cost per unit 2. Markup percentage 3. Selling price

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