Morales Corporation produces microwave ovens. The following per unit cost information is available: direct materials $36, direct labor $24, variable manufacturing overhead $18, fixed manufacturing overhead $40, variable selling and administrative expenses $14, and fixed selling and administrative expenses $28. Its desired ROI per unit is $30. Compute the markup percentage using absorption-cost pricing. (Round answer to 2 decimal places, eg. 10.50%.) Markup percentage %
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- Baxter Company has a relevant range of production between 15,000 and 30,000 units. The following cost data represents average variable costs per unit for 25,000 units of production. Using the costs data from Rose Company, answer the following questions: A. If 15,000 units are produced, what is the variable cost per unit? B. If 28,000 units are produced, what is the variable cost per unit? C. If 21,000 units are produced, what are the total variable costs? D. If 29,000 units are produced, what are the total variable costs? E. If 17,000 units are produced, what are the total manufacturing overhead costs incurred? F. If 23,000 units are produced, what are the total manufacturing overhead costs incurred? G. If 30,000 units are produced, what are the per unit manufacturing overhead costs incurred? H. If 15,000 units are produced, what are the per unit manufacturing overhead costs incurred?Monty Corporation produces microwave ovens. The following unit cost information is available: direct materials $36, direct labor $26, variable manufacturing overhead $19, fixed manufacturing overhead $44, variable selling and administrative expenses $15, and fixed selling and administrative expenses $20. Its desired ROI per unit is $30.40. Compute its markup percentage using a total-cost approach. (Round answer to 2 decimal places, e.g. 10.50%.) Markup percentage %Flint Corporation produces microwave ovens. The following unit cost information is available: direct materials $33, direct labor $29, variable manufacturing overhead $12, fixed manufacturing overhead $41, variable selling and administrative expenses $16, and fixed selling and administrative expenses $29. Its desired ROI per unit is $30.40. Compute its markup percentage using a total-cost approach. (Round answer to 2 decimal places, e.g. 10.50%.) Markup percentage %
- Bramble Corporation produces microwave ovens. The following unit cost information is available: direct materials $30, direct labor $24, variable manufacturing overhead $17, fixed manufacturing overhead $43, variable selling and administrative expenses $19, and fixed selling and administrative expenses $34. Its desired ROI per unit is $31. Compute the markup percentage using variable-cost pricing. (Round answer to 2 decimal places, e.g. 10.50%.) Markup percentage %Sunland Corporation produces outdoor portable fireplace units. The following cost information per unit is available: direct materials $20, direct labour $14, variable manufacturing overhead $17, fixed manufacturing overhead $24, variable selling and administrative expenses $9, and fixed selling and administrative expenses $16. The company's ROI per unit is $17. (a) Calculate Sunland Corporation's markup percentage using absorption-cost pricing. (Round answer to 2 decimal places, e.g. 15.25%.) Markup percentage eTextbook and Media Save for Later % (b) The parts of this question must be completed in order. This part will be available when you complete the part above.Crane Corporation produces outdoor portable fireplace units. The following cost information per unit is available: direct materials $23, direct labour $13, variable manufacturing overhead $15, fixed manufacturing overhead $24, variable selling and administrative expenses $9, and fixed selling and administrative expenses $16. The company's ROI per unit is $17. (a) Your answer is correct. Calculate Crane Corporation's markup percentage using absorption-cost pricing. (Round answer to 2 decimal places, e.g. 15.25%.) Markup percentage (b) eTextbook and Media 56 % Markup percentage Calculate Crane Corporation's markup percentage using variable-cost pricing. (Round answer to 2 decimal places, e.g. 15.25%.) Attempts: 1 of 3 used %
- Mussatto Corporation produces snowboards. The following per unit cost information is available: direct materials $12, direct labor $4, variable manufacturing overhead $9, fixed manufacturing overhead $10, variable selling and administrative expenses $5, and fixed selling and administrative expenses $12. Using a 45% markup percentage on total per unit cost, compute the target selling price. (Round answer to 2 decimal places, e.g. 10.50.) Target selling price $Sierra Company produces its product at a total cost of $120 per unit. Of this amount, $40 per unit is selling and administrative costs. The total variable cost is $96 per unit, and the desired profit is $24.00 per unit. Determine the markup percentage using the (a) total cost, (b) product cost, and (c) variable cost methods. Round your answers to one decimal place. a. Total cost b. Product cost c. Variable cost % % %-Sunland Corporation produces microwave units. The following per-unit cost information is available: direct materials $37: direct labour $25; variable manufacturing overhead $17;: fixed manufacturing overhead $41: variable selling and administrative expenses $12; and fixed selling and administrative expenses $29. Its desired ROI per unit is $31.92. Calculate the markup percentage using variable-cost pricing. (Round answer to 2 decimal places, e.g. 15.25%) Markup percentage %
- Crescent Lighting Inc. produces and sells lighting fixtures. An entry light has a total cost of $66 per unit, of which $33 is product cost and $33 is selling and administrative expenses. In addition, the total cost of $66 is made up of $45 variable cost and $21 fixed cost. The desired profit is $12 per unit. Determine the markup percentage on product cost. Round the answer to nearest whole number.Bright Force Inc. produces and sells lighting fixtures. An entry light has a total cost of $90 per unit, of which $50 is product cost and $40 is selling and administrative expenses. In addition, the total cost of $90 is made up of $55 variable cost and $35 fixed cost. The desired profit is $20 per unit. Determine the markup percentage on product cost. Round the answer to nearest whole number.Lillibridge & Friends, Incorporated provides you with the following data for its single product: Sales price per unit Fixed costs (per quarter): Selling, general, and administrative (SG&A) Manufacturing overhead Variable costs (per unit): Direct labor Direct materials Manufacturing overhead SG&A Number of units produced per quarter Required: $ 60 1,500,000 4,500,000 9 12 10 6 500,000 units Compute the amounts for each of the following assuming that the production levels are within the relevant range if the number of units is 500,000 per quarter. Also calculate if the number of units increases to 600,000 per quarter. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. a. Prime cost per unit b. Contribution margin per unit c. Gross margin per unit d. Conversion cost per unit e. Variable cost per unit f. Full absorption cost per unit g. Variable production cost per unit h. Full cost per unit 500,000 units 600,000 units