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TIA Bonita Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. These costs
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Bonita Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. These costs are based on a budgeted volume of 79,000 units produced and sold each year. Bonita uses cost-plus pricing methods to set its target selling price. The markup percentage on total unit cost is 40%. Compute the total variable cost per unit, total fixed cost per unit, and total cost per unit for M14-M16. eTextbook and Media Compute the desired ROI per unit for M14-M16. Desired ROI \$ per unit eTextbook and Media Compute the target selling price for M14-M16. Target selling price per unit $ Compute variable cost per unit, fixed cost per unit, and total cost per unit assuming that 59,250 M14-M16s are produced and sold during the year. Variable cost per unit $ Fixed cost per unit Total cost per unitStep by Step Solution
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