Question
The table below presents the costs incurred by Company JKL for producing 35,000 units of its primary product: Cost Category Amount Direct Materials $70,000 Direct
The table below presents the costs incurred by Company JKL for producing 35,000 units of its primary product:
Cost Category | Amount |
Direct Materials | $70,000 |
Direct Labor | $50,000 |
Manufacturing Overhead | $65,000 |
If the company targets an 80% markup on the cost of production, calculate the selling price per unit.
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
12th Edition
978-0073526706, 9780073526706
