Gigantic Motors has just developed a new SUV—the Rage. The costs associated with making the Rage include
|
Direct materials |
$13,400 |
|
Direct labour |
$15,000 |
|
Variable overhead |
$ 5,000 |
|
Fixed overhead |
$ 8,000 |
What is its prospective selling price, using cost-plus pricing, if the company wants a mark-up of 15%?
- $52,850
- $38,410
- $41,400
- $47,610