Calculate the variable costs of hand-made rocking chairs

Reference no: EM131066891

Calculate the variable costs of hand-made rocking chairs using the following information: a. Fixed costs: $300,000 b. Expected unit sales: 600 rocking chairs c. Retail price (including markup): $750 d. Markup (profit margin) 20%
12. Calculate the Target-Return Price to earn a 20% markup on skateboards. How much would the manufacturer have to charge using the following information:

a. Variable costs: $12 per blank board

b. Fixed costs: $500,000

c. Expected unit sales: 100,000 skateboards

d. Invested capital: $0

Reference no: EM131066891

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