A manufacturer reports the following information on its product. Direct materials cost $ 43.00 per unit Direct labor cost $ 11.30 per unit Variable overhead cost $ 5.30 per unit Fixed overhead cost $ 1.30 per unit Target markup 30 % Compute the target selling price per unit under absorption costing

Selling price= $79.17

Explanation:

Giving the following information:

Direct materials cost $43

Direct labor cost $11.30

Variable overhead cost $ 5.30

Fixed overhead cost $ 1.30

Target markup 30 %

The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.

Unit product cost= 43 + 11.3 + 5.3 + 1.3= $60.9

Now, the selling price:

Selling price= 60.9*1.3

Selling price= $79.17

typically a loft will include modern kitchen and bathrooms, this increases the price tag. lofts also have a good amount of open space, this requires more heating and electricity. lofts are also in older buildings, this means that maintaining the location increases the bill. keep in mind this is without talking about the high state and property taxes.

i hope this you! : )

explanation: doctrine of respondeat superior is a legal doctrine that is commonly used in tort. this principle makes an employer or principal legally responsible for the wrongful acts done by an employee or agent, if such acts occur within the scope of the employment or agency.