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Wesley Company makes bowling balls and uses the total cost method in setting product prices. Its costs for producing 10,000 bowling balls follow. The company
Wesley Company makes bowling balls and uses the total cost method in setting product prices. Its costs for producing 10,000 bowling balls follow. The company targets a 12.5% markup on total cost. The dollar markup per unit is:
Variable Costs per Unit | Fixed Costs (total) | ||
---|---|---|---|
Direct materials | $ 50.00 | Overhead | $ 235,000 |
Direct labor | 12.50 | Selling, general, and administrative | 215,000 |
Overhead | 10.00 | ||
Selling, general, and administrative | 2.50 |
Question 17 Select one:
a.
$9.38.
b.
$5.63.
c.
$16.88.
d.
$13.75.
e.
$15.00.
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