Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please answer these two questions..... Cost-Based Pricing and Markups with Variable Costs has $30 of variable costs. (a) If the company desires a profit of
Please answer these two questions.....
Cost-Based Pricing and Markups with Variable Costs has $30 of variable costs. (a) If the company desires a profit of $160,000, what should it charge per hour? $ (b) What is the markup on variable costs if the desired profit is $240,000 ? % (c) If the desired profit is $60,000, what is the markup on variable costs to cover (1) unassigned costs and (2) desired profit? Markup to cover unassigned costs % Markup to cover desired profits \& % Product Pricing: Two Products follows: annual profit of $50,000 (a) What price should Quality Data charge for each disk pack if management believes the DVDs sell for 20 percent more than the CDs? Rounds answers to the nearest cent. CDs$ DVDs (b) What is the total profit per product using the selling prices determined in part (a)? Use negative signs with answers, if appropriate. CDs$ DVDs 5
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started