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Yaltz Corp. produces and sells lamp shades. It is currently planning to launch a new children's line. The following are the projected costs based on
Yaltz Corp. produces and sells lamp shades. It is currently planning to launch a new children's line. The following are the projected costs based on projected units sold of 118,700. Variable costs per unit: $11.40 Direct materials Direct labour 12.60 Variable manufacturing overhead 8.20 Variable selling and administrative expenses 4.10 Annual fixed costs and expenses: $3.40 Manufacturing overhead per unit Selling and administrative expenses per unit 2.30 Yaltz Corp.will invest $1,046,500 for this new launch and would like to earn a $18.52 per unit return on its investment. Calculate the total cost per unit using absorption costing. (Round answer to 2 decimal places, e.g. 15.25.) Total manufacturing cost per unit $ Calculate the total cost per unit using absorption costing. (Round answer to 2 decimal places, e.g. 15.25.) Total manufacturing cost per unit $ Calculate the markup percentage on the total cost per unit using absorption costing. (Round answer to 2 decimal places, e.g. 15.25%.) Markup percentage % Calculate the target price per unit. (Round answer to 2 decimal places, e.g. 15.25.) Target price $ $
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