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Business, 05.11.2019 02:31 xojade

National corporation needs to set a target price for its newly designed product m14-m16. the following data relate to this new product.
per unittotal
direct materials$28
direct labor$37
variable manufacturing overhead$10
fixed manufacturing overhead$1,280,000
variable selling and administrative expenses$ 7
fixed selling and administrative expenses$800,000

these costs are based on a budgeted volume of 80,000 units produced and sold each year. national 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.

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