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?Blue Lights Co ? Based on the Information Provided, the Dollar Amount of Below

question 94

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?Blue Lights Co.uses the total cost concept of product pricing.Given below is cost information for the production and sale of 50,000 units of its sole product.Blue Lights desires a profit equal to a 12.6% rate of return on invested assets of $1,000,000. Fixed factory overhead cost $90,000Fixed selling and administrative costs 55,000 Variable direct materials cost per unit6.00Variable direct labor cost per unit 9.65Variable factory overhead cost per unit 3.50Variable selling and administrative cost per unit 1.20\begin{array}{lr}\text {Fixed factory overhead cost }&\$90,000\\\text {Fixed selling and administrative costs }&55,000\\\text { Variable direct materials cost per unit}&6.00\\\text {Variable direct labor cost per unit }&9.65\\\text {Variable factory overhead cost per unit }&3.50\\\text {Variable selling and administrative cost per unit }&1.20\\\end{array}
? Based on the information provided, the dollar amount of desired profit from the production and sale of the company's product is:

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Definitions:

Catchall Category

A broad classification used to encompass a wide range of items or concepts that do not fit neatly into specific categories.

Schizophrenia

A long-lasting and intense psychological condition marked by altered cognition, feeling, communication, identity, and conduct.

Hypochondriasis

A disorder characterized by an excessive preoccupation with and fear of having a serious illness, despite medical evaluation and reassurances.

Excessively

To a degree or extent that exceeds what is normal or permissible.

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