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Chrome File Edit View History Bookmarks People Window Help 4) 62%., Sat 10:54 PM d :,[ WileyPLUS x ? e Secure l https://edugenwileypius.com/edugen/student/mainfr.uni Exercise 22-4 Kaspar Corpora x ??C WileyPLUS: MyWlleyPLUSI HelpI Contact Us I Log Out WileyPLUS Weygandt, Financial & Managerial Accounting, 2e Financial and Managerial Accounting (ACCTG 10 and 11) Home Read, Study&Practice; Gradebook ORION Downloadable eTextbook Assignment > Open Assignment MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION BACK ASSIGNMENT RESOURCES Exercise 22-4 (Part Level Submission) Kaspar Corporation makes a commercial-grade cooking griddle. The following information is available for Kaspar Corporation's anticipated annual volume of 28,300 units. E Exercise 22-2 evel Submission) Exercise 22-4 (Part evel Submission Per Unit $21 $6 $17 Total (Part Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses Exercise 22-1(Part $481,100 $4 Review Results by Study. $169,800 The company uses a 40% markup percentage on total cost. ? (a) Compute the total cost per unit. Total cost per unit s By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWER

Explanation / Answer

Answer a  

Note :

Fixed manufacturing overhead per unit = Cost / Annual volume = $481,100 / 28,300 unit = $17 per unit

Fixed selling & admin expense per unit = Cost / Annual volume = $169,800 / 28,300 unit = $6 per unit

Computation of total cost per unit

Answer b

Target selling price = Total cost per unit  * (100 + mark up percentage)

= $71 * (140 %) = $99.40 per unit

Particular Amount ($) Direct marterial 21 Direct labour 6 Variable manufacturing overhead 17 Fixed manufacturing overhead 17 Variable selling & admin expenses 4 Fixed selling & admin expenses 6 Total cost per unit $71

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