Solution-Compute the dollar markup per unit on variable cost

Compute the dollar markup per unit on variable cost

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Reference no: EM133168948

Question - Rios Company makes drones and uses the variable cost method in setting product price. Its costs for producing 32,000 units follow. The company targets a pro?t of $312,000 on this product.

Variable Costs per Unit

Direct materials $82

Direct labor 52

Overhead 37

Selling, general and administrative 27

Fixed Costs (total)

Overhead $682,000

Selling, general and administrative 614,000

Required -

1. Compute the total variable cost and the markup percentage.

2. Compute the dollar markup per unit on variable cost.

3. Compute the selling price per unit.

Reference no: EM133168948

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Compute the dollar markup per unit on variable cost

Reference no: EM133168948

Reference no: EM133168948

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