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Steeze Co. makes snowboards and uses the total cost approach in setting product prices. Its costs for producing 13,500 units follow. The company targets a
Steeze Co. makes snowboards and uses the total cost approach in setting product prices. Its costs for producing 13,500 units follow. The company targets a profit of $388,800 on this product. Variable Costs per Unit Fixed Costs 107 Overhead Direct materials Direct labor Overhead Selling $477,000e 105,000 309,000 32 Selling 27 Administrative 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. Total cost per unit 2.Markup percentage 3. Selling price
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