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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?

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