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TB MC Qu. 25-99 (Algo) Wesley Company makes bowling balls... Wesley Company makes bowling balls and uses the total cost method in setting product
TB MC Qu. 25-99 (Algo) Wesley Company makes bowling balls... Wesley Company makes bowling balls and uses the total cost method in setting product prices. Its costs for producing 10,000 bowling balls follow. The company targets a 12.5% markup on total cost. The dollar markup per unit is: Direct materials Direct labor Overhead Variable Costs per Unit Fixed Costs (total) $ 62 Overhead $ 223,000 13.70 Selling, general, and administrative 203,000 22.00 Selling, general, and administrative Multiple Choice $12.38. $8.63. $19.88. $16.75. $18.00. 3.70
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