Mallard corporation uses the product cost concept of, Ask an Expert

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Mallard Corporation uses the product cost concept of product pricing. Below is cost information for the production and sale of 45,000 units of its sole product. Mallard desires a profit equal to a 12% rate of return on invested assets of $800,000.

Fixed factoryoverhead cost $82,000~Fixed selling and admin costs 45,000~variable direct materials cost per unit 5.50~variable direct labor cost per unit 7.65~variable factory overhead costs per unit 2.25~variable sellingand admin cost per unit .90.

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Accounting Basics, Accounting

Category:- Accounting Basics
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