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 Clack. Use the Inquirer's Production Analysis to find Clack'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?

Production vs Capacity Andrews Baldwin Chester 500 1.000 1.500 2.000 2.500 3.000 3.500 4.000 4.500 5.000 5.500 O Capacity O Production Production Information 2nd Auto Shift & mation Capacity Primary Units Inven Age Material Labor Contr. Over Next Pfimn Size Next Plant Name Segment Sold tory Revision Date Dec.31 MTBF Coord Coord Price Cost Cost Marg. time Round Round Utiliz Apple Core 1,829 51 12/10/2014 2.2 22000 7.9 12.2 $32.00 $11.60 $8.96 35% 50% 5.0 1,200 149% Agape Nano 921 265 11/9/2015 1.1 24000 10.6 7.6 $40.00 $16.13 $10.29 33% 42% 4.0 728 141% Abby 772 217 11/14/2015 1.1 26000 12.7 9.6 $42.00 $16.81 $9.80 36% 22% 4.0 714 121% Elite Alan Thrift 1,369 759 4/13/2013 5.1 20000 5.2 14.9 $26.00 $8.13 $7.90 33% 90% 6.0 1,130 188% Buddy Thrift 1,339 238 12/11/2015 2.8 17000 6.3 13.8 $19.00 $8.40 $4.03 41% 33% 8.0 1,050 132% Thrift 1,672 287 12/19/2015 2.6 17000 6.5 13.6 $19.00 $8.61 $4.22 37% 57% 8.0 1,250 155% Bat Bead Core 1,288 150 12/3/2015 1.2 18000 8.9 10.8 $27.00 $11.68 $7.38 30% 93% 6.0 900 191% Core 1,415 85 11/19/2015 1.2 20000 9.6 11.3 $28.00 $12.39 $7.38 30% 93% 6.0 Bill 950 191% Cure Thrift 1,728 22 6/27/2016 3.5 14000 5.5 14.6 $20.00 $6.65 $2.82 51% 100% 9.0 1,000 198% Camp Core 1,883 14 11/30/2015 1.2 16000 8.1 12.0 $22.00 $10.01 $5.64 31% 100% 7.0 1,150 198% Nano 699 163 12/22/2015 1.1 18000 10.0 8.3 $31.00 $13.64 $6.24 36% 25% 6.0 750 124% Cent 604 135 11/5/2015 1.1 20000 12.0 10.1 $35.00 $14.36 $7.09 38% 8% 5.0 800 107% Clack Elite Dune Nano 1,127 89 11/12/2015 2.2 23000 8.9 9.4 $30.00 $13.98 $9.50 25% 93% 5.0 570 191% 435 147 12/13/2015 1.9 25000 12.1 10.2 $38.00 $15.87 $7.73 41% 0% 5.0 700 64% Elite Dart 960 214 12/22/2015 1.0 23000 10.5 7.6 $37.00 $15.79 $8.50 34% 27% 5.0 850 125% Nano Deft 864 192 12/5/2015 1.0 25000 12.5 9.6 $39.00 $16.39 $7.95 37% 6% 5.0 950 105% Dim Elite