Steeze Co. makes snowboards and uses the total cost approach in setting product prices. Its costs for producing 10,500 units follow. The company targets a profit of $315,000 on this product.

Variable Costs per Unit				Fixed Costs
Direct materials	$	101		Overhead	$	471,000
Direct labor		26		Selling		106,000
Overhead		21		Administrative		326,000
Selling		6

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.

1.	Total cost per unit
2.	Markup percentage
3.	Selling price

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