Question
#8. Allied Laboratories is combing some of its most common tests into one-price packages. One such package will contain three tests that have the following
#8. Allied Laboratories is combing some of its most common tests into one-price packages. One such package will contain three tests that have the following variable costs:
Test A | Test B | Test C | |
Disposable Syringe | $3.00 | $3.00 | $3.00 |
Blood Vial | $0.50 | $0.50 | $0.50 |
Forms | $0.15 | $0.15 | $0.15 |
Reagents | $0.80 | $0.60 | $1.20 |
Sterile Bandages | $0.10 | $0.10 | $0.10 |
Breakage/losses | $0.05 | $0.05 | $0.05 |
When the tests are combined, only one syringe, form, and sterile bandage will be used. Furthermore, only one charge for breakage/losses will apply. Two blood vials are required, and reagent costs will remain the same (reagents from all three tests are required).
What price must be charge to achieve a contribution margin of $10?
Choice: $10.25
Choice: $15.70
Choice: $16.90
Choice: $19.80
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