Question
In order to sell a product at a profit the product must be priced higher than the total of what it costs you to build
In order to sell a product at a profit the product must be priced higher than the total of what it costs you to build the unit, plus period expenses, and plus overhead.
At the end of last year the broad cost leader Chester had an Elite product City. Use the Inquirer's Production Analysis to find City's production cost, (labor+materials). Exclude possible inventory carrying costs. Assume period expenses and overhead total 1/2 of their production cost. What is the minimum price the product could have been sold for to cover the unit cost, period expenses, and overhead?
Select: 1
$32.18
$10.73
$35.00
$21.45
Select all of the following statements that are true four years from now, in the year 2019.
Select: 2
The Elite segment will demand 5,869 thousand units
The Core segment will demand 9,771 thousand units
The Nano segment will demand 5,403 thousand units
The Thrift segment will demand 7,741 thousand units
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