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NMZ Testing, Inc. makes highly specialized testing equipment for cans. The company is a leader in a very niche oriented competitive market. The company
NMZ Testing, Inc. makes highly specialized testing equipment for cans. The company is a leader in a very niche oriented competitive market. The company has the following information: NMZ Testing, Inc Fixed Costs amount to $73,453,000 Variable manufacturing costs per unit $11,800 8,600 Number of units produced per year Assets totaling $408,254,000 Owners desired return on company's assets 17.00% Similar equipment is selling on the market for $26,138. What price should NMZ Testing, Inc. charge? Round the final price per unit to the nearest dollar. NMZ Testing, Inc 73453000 11800 73464800 Fixed Costs Plus: Total Variable Costs TOTAL COSTS Plus: Desired Profit TARGET REVENUE Divided by: Numbers of units to produce PRICE PER UNIT
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