Please provide answer in text (Without image) Marigold Windows Inc. is in the process of setting a target price on its newly designed tinted window. Cost data relating to the windowat a budgeted volume of 3,760 units are as follows.Direct materialsDirect laborVariable manufacturing overheadFixed manufacturing overheadVariable selling and administrative expensesFixed selling and administrative expenses(a)* Your answer is incorrect.Markup Percentage(b)Per UniteTextbook and Media$ 110$ 60$ 20Marigold Windows uses cost-plus pricing methods that are designed to provide the company with a 25% ROI on its tinted windowline. A total of $955,040 in assets is committed to production of the new tinted window.$ 10Target price $TotalCompute the markup percentage under absorption-cost pricing that will allow Marigold Windows to realize its desired ROI.$ 112,80025 %$95,880Compute the target price of the window under absorption-cost pricing.Assistance UsedAttempts: 2 of 2 used

Absorption Costing MethodUnder this method, cost of a product includes the cost incurred on direct…

(a) * Your answer is incorrect. Compute the markup percentage under absorption-cost pricing that will allow Marigold Windows to realize its desired ROI. Markup Percentage (b) eTextbook and Media 25 % Compute the target price of the window under absorption-cost pricing. Target price $ Assistance Used Attempts: 2 of 2 used

(a) * Your answer is incorrect. Compute the markup percentage under absorption-cost pricing that will allow Marigold Windows to realize its desired ROI. Markup Percentage (b) eTextbook and Media 25 % Compute the target price of the window under absorption-cost pricing. Target price $ Assistance Used Attempts: 2 of 2 used

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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