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Compute the selling price using the variable cost method

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GoSnow sells snowboards. Each snowboard requires direct materials of $115, direct labor of $40, and variable overhead of $50. The company expects fixed overhead costs of $375,000 and fixed selling and administrative costs of $261,000 for the next year. The company has a target profit of $225,000. It expects to produce and sell 10,500 snowboards in the next year.

Problem 1: Compute the selling price using the variable cost method.

Reference no: EM132979165

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