Alfredo Co. has collected the following per unit data: Direct labor $8 Variable selling and admin. Direct materials 5 Fixed overhead Variable overhead 2 Fixed selling and admin. The markup percentage is 120%. What is the price under the variable-cost approach? $24.00 O $20.40 O $21.60 O$33.60 $3 1 7

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter6: Activity-based, Variable, And Absorption Costing
Section: Chapter Questions
Problem 14EA: Cool Pool has these costs associated with production of 20,000 units of accessory products: direct...
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Alfredo Co. has collected the following per unit data:
Direct labor
$8
Variable selling and admin.
Direct materials
5
Fixed overhead
Variable overhead
2
Fixed selling and admin.
The markup percentage is 120%. What is the price under the variable-cost approach?
$24.00
O $20.40
O $21.60
$33.60
$3
1
7
Transcribed Image Text:Alfredo Co. has collected the following per unit data: Direct labor $8 Variable selling and admin. Direct materials 5 Fixed overhead Variable overhead 2 Fixed selling and admin. The markup percentage is 120%. What is the price under the variable-cost approach? $24.00 O $20.40 O $21.60 $33.60 $3 1 7
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