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Calculate selling price per unit as follows: Particulars 2 Fixed overhead cost 3 Fixed selling and administrative costs 4 Total fixed cost 5 Total number of units 6 Fixed cost per unit Amount $6,53,000 $ 1,10,000 $7,63,000 $ 10,900 $ 70 S 109 8 Direct materials cost 9 Direct Labor cost 10 Variable overhead cost 11 Fixed cost 12 Total cost per unit 13 Markup % of total cost 14 Selling Price per unit s 70 10% S 299.20 Calculations: А B Particulars Amount 2 Fixed overhead cost 653000 3 Fixed selling and administrative costs 110000 4 Total fixed cost =B2+B3 5 Total number of units 10900 6 Fixed cost per unit =B4/B5 8 Direct materials cost 9 Direct Labor cost 10 Variable overhead cost 11 Fixed cost 12 Total cost per unit 13 Markup % of total cost 14 Selling Price per unit 109 39 54 70 =B8+B9+B10+B11 0.1 =B12*(1+B13) For any queries or doubts related to format or any values please post in comment section, I would take that up
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