Grounded Coffee Products manufactures coffee tables. Grunded…

Grounded Coffee Products manufactures coffee tables. Grunded Coffee Products has a policy of adding a 10% markup to full costs. The following information pertains to the company’s normal operations per month: Output units 30,000  tables Direct manufacturing labor-hours 10,000  hours Direct materials per unit $90   Direct manufacturing labor per hour $18   Variable manufacturing overhead costs $270,000   Fixed manufacturing overhead costs $1,500,000   Marketing and distribution costs $1,350,000     Grounded Coffee should set the price at $____________ per unit.

Texas Boots Inc. is considering the production of a new line…

Texas Boots Inc. is considering the production of a new line of boots. Based on preliminary market research, management has decided that each pair of boots should be priced at $300. If management believes that the profit margin should be 30 percent of sales revenue, the target cost is $____________