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Techcom is designing a new smartphone. Each unit of this new phone will require $ 2 3 7 of direct materials; $ 1 7 of

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Techcom is designing a new smartphone. Each unit of this new phone will require $237 of direct materials; $17 of direct labor; $31 of variable overhead; $25 of variable selling, general, and administrative costs; $38 of fixed overhead costs; and $17 of fixed selling, general, and administrative costs.
Compute the selling price per unit if the company uses the total cost method and plans a markup of 180% of total costs.
The company is a price-taker and the expected selling price for this type of phone is $870 per unit. Compute the target cost per unit if the company's target profit is 70% of expected selling price.
Compute the selling price per unit if the company uses the variable cost method and plans a markup of 200% of variable costs.
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Compute the selling price per unit if the company uses the total cost method and plans a markup of 180% of total costs.
\table[[1. Total cost per unit,],[2. Markup per unit,],[3. Selling price per unit,]]
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