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View Policies Current Attempt in Progress Lafleur Corporation needs to set a target price for its newly designed product. M14-M16. The following data relate to
View Policies Current Attempt in Progress Lafleur Corporation needs to set a target price for its newly designed product. M14-M16. The following data relate to it: Per Unit Total Direct materials $15 Direct labour 17 Variable manufacturing overhead 13 Fixed manufacturing overhead $3,516.000 Variable selling and administrative expenses 3 Fixed selling and administrative expenses 2,344,000 These costs are based on a budgeted volume of 293,000 units produced and sold each year. Lafleur uses cost-plus pricing to set its target selling price. The markup on the total unit cost is 30%. Calculate the total variable cost per unit, total fixed cost per unit, and total cost per unit for M14-M16. Inese costs are based on a budgeted volume of 293 units produced and sold each year taneur uses cost-pus pricing to set its target selling price. The markup on the total unit cost is 30% Calculate the total variable cost per unit, total fixed cost per unit, and total cost per unit for M14-M16, Total variable cost per unit Total fixed costs per unit Total cost per unit eTextbook and Media Question Part Score Calculate the desired markup per unit for M14-M16 (Round answer to 2 decimal places, eg 15.25) Markup per unit Question 4 of 4 Question Part Score < Calculate the target selling price for M14-M16. (Round antwer to 2 decimal places, eg. 15.25) Target selling price eTextbook and Media Question Part Score -/10 S -/2 Assuming that 234,400 M14-M16s are produced during the year, calculate the variable cost per unit, fixed cost per unit, and total cost per unit. (Round answers to 2 decimal places Total variable cost per unit Total fed c fatal costs 15.25)
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