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HASF Glassworks makes glass flanges for scientific use Material cost $ 1 per flange and the glass blowers are paid a wage rate of 20
HASF Glassworks makes glass flanges for scientific use Material cost $ 1 per flange and the glass blowers are paid a wage rate of 20 per hours a glass blower blows 10 flanges per hours. Fixed manufacturing costs for flanges are 20,000 per period. other nonmanufacturing cost associated with flanges are 10,000 per period and are fixed.
Assume Company manufactures and sells 5,000 flanges this period their competitor sells flanges for 8.25 each. how much profit will be on the flanges if company sells 5000 flanges at price of 8.25.
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