Mussatto corporation produces snowboards. the following per unit cost information is available: direct materials $15, direct labor $9, variable manufacturing overhead $10, fixed manufacturing overhead $12, variable selling and administrative expenses $5, and fixed selling and administrative expenses $8. using a 40% markup percentage on total per unit cost, compute the target selling price. (round answer to 2 decimal places, e. g. 10.50.) target selling price $enter the target selling price in dollars rounded to 2 decimal places.

Selling price= $54.6

Explanation:

Giving the following information:

The following per unit cost information is available: direct materials $15, direct labor $9, variable manufacturing overhead $10, fixed manufacturing overhead $12, variable selling and administrative expenses $5, and fixed selling and administrative expenses $8. Using a 40% markup percentage on total per-unit cost, compute the target selling price.

We will use variable costing to calculate the unitary cost:

Total unitary cost= direct material + direct labor + variable overhead + variable selling and administrative

Total unitary cost= 15 + 9 + 10 + 5= $39

Selling price= 39*1.40= $54.6

explanation: doctrine of respondeat superior is a legal doctrine that is commonly used in tort. this principle makes an employer or principal legally responsible for the wrongful acts done by an employee or agent, if such acts occur within the scope of the employment or agency.

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