The following is cost and production data for the Wave Darter:*Variable manufacturing costApplied fixed manufacturing costAbsorption manufacturing costVariable selling and administrative costAllocated fixed selling and administrative costTotal costVariable manufacturing costVariable selling and administrative costTotal variable costExercise 15-34 Part 2Per unit$390Markup percentage210*Based on planned monthly production of 44 units (or 528 units per year).t RoundedThe target profit is $49,000, with planned sales equal to production.%60058110t$768$39058$4482. Use the general formula for determining a markup percentage to compute the required markup percentage usingabsorption manufacturing cost. (Round your percentage answer to 2 decimal places (i.e., .1234 should be entered as12.34).)

Answer : Markup percentage = (Unit sales price - Unit variable cost) / Unit variable cost Units…

Answered: xed manufacturing cost n manufacturing…

xed manufacturing cost n manufacturing cost selling and administrative cost fixed selling and administrative cost t manufacturing cost selling and administrative cost iable cost -

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter7: Variable Costing For Management analysis

Section: Chapter Questions

Problem 4BE

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