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What is the selling price of the Super

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Reference no: EM132992233

Question - The following data relate to the Super: Material cost per unit Labour cost per unit

Production overhead cost per machine hour Machine hours per unit

General overhead absorption rate

$15.00

$52.05

$9.44

7 hours

8% of total production cost

The capital invested in manufacturing and distributing 9,530 units of the Super per annum is estimated to be $36,200. If the required annual rate of return on capital invested in each product is 14%, what is the selling price of the Super?

Reference no: EM132992233

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