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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% markupon total cost. The dollar markup per unit is Variable costs per Unit Direct materials $59 Overhead Direct labor Overhead 13.40 selling, general, and administrative 19.00 $226,000 206,000 Selling, general, and administrative 3.40 Mutiple Choice $1163 $786 $1912 $16.00 Next 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 Costa (total) Direct materials $ 59 Overhead $226,000 Direct labor 13.40 Selling, general, and administrative 206,000 Overhead Selling, general, and administrative 19.00 3.40 Multiple Choice 57800 O O O $1913 $16.00
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