FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Accel Corp. makes two products: C and D. The following data have been summarized:
View the data.
Accel Corp. desires a 21% target gross profit after covering all product costs. Considering the total product costs assigned to the Products C and D, what would Accel Corp. have to charge the
customer to achieve that gross profit? Round to two decimal places.
Begin by selecting the formula to compute the amount that the company should charge for each product.
Required sales price per unit =
Amount Accel should charge per unit for Product C =
Amount Accel should charge per unit for Product D =
Data
Direct materials cost per unit
Direct labor cost per unit
Manufacturing overhead cost per unit
Total product cost per unit
Print
$
$
Product C
700.00 $
500.00
303.75
1,503.75 S
Done
- X
Product D
1,500.00
400.00
712.50
2.612.50
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Transcribed Image Text:Accel Corp. makes two products: C and D. The following data have been summarized: View the data. Accel Corp. desires a 21% target gross profit after covering all product costs. Considering the total product costs assigned to the Products C and D, what would Accel Corp. have to charge the customer to achieve that gross profit? Round to two decimal places. Begin by selecting the formula to compute the amount that the company should charge for each product. Required sales price per unit = Amount Accel should charge per unit for Product C = Amount Accel should charge per unit for Product D = Data Direct materials cost per unit Direct labor cost per unit Manufacturing overhead cost per unit Total product cost per unit Print $ $ Product C 700.00 $ 500.00 303.75 1,503.75 S Done - X Product D 1,500.00 400.00 712.50 2.612.50
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