TB MC Qu. 10-115 (Algo) Jaybird Company operates in a highly... Jaybird Company operates in a highly competitive market where the market price for its product is $90 per unit. Jaybird desires a 30% profit per unit. Jaybird expects to sell 5,000 units. Additional information is as follows: Variable costs per Unit Direct materials Direct labor Overhead General and administrative Fixed Costs (total) $ 13 Overhead 14 General and administrative $ 45,000 18,000 12 18 To achieve the target cost per unit, Jaybird must reduce total expenses by how much? TB MC Qu. 10-112 (Algo) Pinkin Incorporated needs to determine a price... Pinkin Incorporated needs to determine a price for a new phone model. Pinkin desires a 25% markup on the total cost of the phone. Pinkin expects to sell 30,000 phones. Additional information is as follows: Variable Costs per Unit Direct materials Direct labor Overhead General and administrative Fixed Costs (total) $ 17 Overhead 42 General and administrative 22 $ 85,000 65,000 52 Using the total cost method what price should Pinkin charge