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

Variable manufacturing cost	$	327
Applied fixed manufacturing cost		48
Variable selling and administrative cost		57
Allocated fixed selling and administrative cost		?

To achieve a target price of $529 per lawn mower, the markup percentage is 12.5 percent on total unit cost.

Required:

1. What is the fixed selling and administrative cost allocated to each unit of Lawn Masters top-of-the-line mower? (Do not round your intermediate computations. Round your final answer to the nearest dollar amount.)

2. For each of the following cost bases, develop a cost-plus pricing formula that will result in a target price of $529 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 $ $ $ 529 = 529 529 =