Huds Incorporated reports the Information below on its product. The company uses absorption costing and has a target markup of 40% of absorption cost per unit. Direct materials Direct labor Variable overhead Fixed overhead Variable selling and administrative expenses Fixed selling and administrative expenses Units produced Units sold $ 122 per unit $ 52 per unit $ 30 per unit $ 252,000 per year $ 14 per unit $ 175,000 per year Per unit 28,000 units per year 28,000 units per year Compute the target selling price per unit under absorption costing. (Do not round Intermediate calculations. Round your final answers to 2 decimal places.)

Huds Incorporated reports the Information below on its product. The company uses absorption costing and has a target markup of 40% of absorption cost per unit. Direct materials Direct labor Variable overhead Fixed overhead Variable selling and administrative expenses Fixed selling and administrative expenses Units produced Units sold $ 122 per unit $ 52 per unit $ 30 per unit $ 252,000 per year $ 14 per unit $ 175,000 per year Per unit 28,000 units per year 28,000 units per year Compute the target selling price per unit under absorption costing. (Do not round Intermediate calculations. Round your final answers to 2 decimal places.)

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 5PB: Wrappers Tape makes two products: Simple and Removable. It estimates it will produce 369,991 units...

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