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Giuseppina's Glassworks makes glass flanges for scientific use. Materials cost $3 per flange, and the glass blowers are paid a wage rate of $26
Giuseppina's Glassworks makes glass flanges for scientific use. Materials cost $3 per flange, and the glass blowers are paid a wage rate of $26 per hour. A glass blower blows 10 flanges per hour. Fixed manufacturing costs for flanges are $20,000 per period. Period (nonmanufacturing) costs associated with flanges are $13,000 per period, and are fixed. Requirement 2. Assume Giuseppina's Glassworks manufactures and sells 4,000 flanges this period. Their competitor, Flora's Flasks, sells flanges for $10.50 each. Can Giuseppina sell below Flora's price and still make a profit on the flanges? The total cost per unit when manufacturing 4,000 flanges is $ , therefore, they make a profit, when compared to Flora's Flasks selling price of $10.50 each. can can not
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