The following data pertain to Lawn Master Corporations top-of-the-line lawn mower.

Variable manufacturing cost	$	315
Applied fixed manufacturing cost		51
Variable selling and administrative cost		56
Allocated fixed selling and administrative cost		?

To achieve a target price of $518 per lawn mower, the markup percentage is 12.6 percent on total unit cost.

Required: 1. What is the fixed selling and administrative cost allocated to each unit of Lawn Master's top-of-the-line mower? (Do not round your intermediate computations. Round your final answer to the nearest dollar amount.) Allocated fixed selling and administrative cost 2. For each of the following cost bases, develop a cost-plus pricing formula that will result in a target price of $518 per mower: (Round your percentage answers to 2 decimal places (i.e., .1234 should be entered as 12.34).) Cost-Plus Pricing Formula (a) Variable manufacturing cost (b) Absorption manufacturing cost (c) Total variable cost $ $ $ 518 = 518 = 518 =