The Costs of Manufacturing Horizontal Fixed- Mount Barcode Scanners Are

Short Answer

The costs of manufacturing horizontal fixed- mount barcode scanners are as follows: $$\begin{array} { | l | l | } \hline \text { ost Elements } & \text { ost Rate } \\\hline \text { irect labor } & 24.5 \text { per hour } \\\hline \text { aterial } & 880 \text { per } 70 \text { units } \\\hline \text { verhead costs } & 80 \% \text { of direct labor } \\\hline\end{array}$$ The production has a 89% learning curve applied to labor required, and the time to complete the first unit was 37 direct labor hours. Determine the unit selling price based on the estimated time to complete the 100th unit, if the company wants a profit margin of 10% based on total manufacturing costs.