(SOLVED) The following data pertain to Islander Company s modern lampshade Variable manufacturing


Question Description:

$15

The following data pertain to Islander Company’s modern lampshade:
Variable manufacturing cost ………………………………………. $200
Applied fixed manufacturing cost ………………………………… 70
Variable selling and administrative cost …………………………… 30
Allocated fixed selling and administrative cost …………………… 50
Required:
For each of the following cost bases, develop a cost-plus pricing formula that will result in price of $400 for the modern lampshade:
1. Variable manufacturing cost.
2. Absorption manufacturing cost.
3. Total cost
4. Total variable cost.

Answer

$15