Question
Given the following for your copy business: Annual Expenses: Paper: $ 4,062.50 Salaries: $ 30,000 Rent: $ 12,000 Hourly labor: $ 62,400 Insurance: $ 2,500
Given the following for your copy business:
Annual Expenses:
Paper: $ 4,062.50 Salaries: $ 30,000
Rent: $ 12,000 Hourly labor: $ 62,400
Insurance: $ 2,500 Maintenance contract $ 2,000
Advertising: $ 1,800 Utilities: $ 2,400
Other Supplies: $ 5,000
Total Fixed Cost: ? Total Variable Cost:?
Fixed Cost/unit: ? Variable Cost/unit:?
C. Calculate the selling price per copy if you must have a markup of 25% on the selling price.
D. What is the selling price per copy if you desire a 150% markup on cost?
E. What is the markup on selling price with a $ .50 selling price per copy?
F. What is the markup on cost with a $ .50 selling price?
G. If you charge $.45 per copy, what is the highest your expenses can be and still maintain a
25% markup on selling price?
H. If you charge $.45 per copy, what is the highest your expenses can be and still
maintain a 150% markup on costs?
please show step by step
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