Talia Corp. produces digital cameras. For each camera produced, direct materials are $20, direct labor is $16, variable manufacturing overhead is $12, fixed manufacturing overhead is $28, variable selling and administrative expenses are $10, and fixed selling and administrative expenses are $24. Compute the target selling price assuming a 40% markup on total per unit cost. Target selling price

Talia Corp.

Target Selling Price

= $154

Explanation:

a) Data and Calculations:

Direct materials =                                           $20

Direct labor =                                                     16

Variable manufacturing overhead =                12

Fixed manufacturing overhead =                    28

Variable selling & administrative expenses = 10

Fixed selling and administrative expenses = 24

Total cost                                                       $110

40% markup on total per unit cost =              44

Target Selling Price =                                  $154

b) Talia bases its target selling price on the addition of 40% of the total cost  to the total cost (including manufacturing costs, selling, and administrative expenses).

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!