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NEED HELP ON THESE 3!? Your answer is incorrect. Cheyenne Water is considering introducing a water filtration device for its 20 -ounce water bottles, Market
NEED HELP ON THESE 3!?
Your answer is incorrect. Cheyenne Water is considering introducing a water filtration device for its 20 -ounce water bottles, Market research indicates that 1,000,000 units can be sold if the price is no more than $3. If Cheyenne Water decides to produce the filters, it will need to invest. $2,000,000 in new production equipment. Cheyenne Water requires a minimum rate of return of 19% on all investments. Determine the target cost for the filter. (Round answer to 2 decimal places, eg. 10.50.) Target cost per unit $ Monty Company is involved in producing and selling high-end golf equipment. The company has recently been involved in developing various types of laser guns to measure yardages on the golf course. One small laser gun, called LittleLaser, appears to have a very large potential market. Because of competition, Monty does not believe that it can charge more than $93 for LittleLaser. At this price, Monty believes it can sell 109,000 of these laser guns. Monty will require an investment of $10,355,000 to manufacture, and the company wants an ROl of 20%. Determine the target cost for one LittleLaser. Target cost $ Current Attempt in Progress Culver Company makes swimsuits and sells these suits directly to retailers. Although Culver has a variety of suits, it does not make the Performance suit used by highly skilled swimmers. The market research department believes that a strong market exists for this type of suit. The department indicates that the Performance suit would sell for approximately $100. Given its experience, Culver believes the Performance suit would have the following manufacturing costs. (a1) Assume that Culver uses cost-plus pricing, setting the selling price 23% above its costs. What would be the price charged for the Performance swimsuit Step by Step Solution
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