Flint Corporation makes a commercial-grade cooking griddle. The following information is available for Flint Corporation's anticipated annual volume of 26,500 units. Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses $8 Fixed selling and administrative expenses (a) The company uses a 40% markup percentage on total cost. Your answer is correct. Compute the total unit cost. (b) Total cost per unit $ eTextbook and Media Per Unit Compute the target selling price. $14 $6 $10 Target selling price $ 55 Total $291,500 $159,000 Attempts: 1 of 5 used

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Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.