Calculate manufacturing cost and selling price for turbine

Reference no: EM13231256

a manufacturer of small hydraulic turbine has the annual cost data given below. calculate the manufacturing cost and the selling price for turbine.

raw material and components cost.......$2150000

direct labor...................................950000

direct expense ..............................60000

plant manager and staff...................180000

utilities for plant...........................70000

taxes and insurance .......................50000

plant and equipment deprication..........120000

warehouse expense ..........................60000

office utilites ................................10000

engineering salaries(plant)..................90000

engineering expence (plant).................30000

administrative staff salaries ...............120000

sales staff salaries and commissions........100000

total annual sales: 60 unit

profit margin:15%

plant overhead:60%

Reference no: EM13231256

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