National corporation needs to set a target price for its newly designed product m14-m16. the following data relate to this new product.
per unittotal
direct materials$28
direct labor$37
variable manufacturing overhead$10
fixed manufacturing overhead$1,280,000
variable selling and administrative expenses$ 7
fixed selling and administrative expenses$800,000

these costs are based on a budgeted volume of 80,000 units produced and sold each year. national uses cost-plus pricing methods to set its target selling price. the markup percentage on total unit cost is 40%.
compute the total variable cost per unit, total fixed cost per unit, and total cost per unit for m14-m16.

The production manager of rordan corporation has submitted the following quarterly production forecast for the upcoming fiscal year: 1st quarter 2nd quarter 3rd quarter 4th quarter units to be produced 10,800 8,500 7,100 11,200 each unit requires 0.25 direct labor-hours, and direct laborers are paid $20.00 per hour. required: 1. prepare the company’s direct labor budget for the upcoming fiscal year. assume that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced. 2. prepare the company’s direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is not adjusted each quarter. instead, assume that the company’s direct labor workforce consists of permanent employees who are guaranteed to be paid for at least 2,500 hours of work each quarter. if the number of required direct labor-hours is less than this number, the workers are paid for 2,500 hours anyway. any hours worked in excess of 2,500 hours in a quarter are paid at the rate of 1.5 times the normal hourly rate for direct labor.