PLEASE HELP WITH REQUIREMENTS 1-4

Score: 0 of 3 pts 1 of 60 complete HW Score: 0%, 0 of 14 pts E8-20A (similar to) Question Help 0 Thatcher Paints makes and sells par to home mprovement stores Thatcher's only plant can produce up to 12 milions of paint per your current anual production is 9 million cans. Find manufacturing selin med administrative costs $14.4 million per year. The variable cost of making and selling each can of paint is $6.50. Stockholders expect a 25% annual rebum on the companys 541 milion of assets Rond the events Requirement 1. What is Thatcher's current total cost of making and saling million cans of paint? What is the current cos por can of paint? Select the toma labels and enter the amounts to cutate Thatcher's current total cost and cament cost per can of part. Enter currency amounts in dollars, not in milions Enter unt values as whole numbers, natin mis Rond al currency amounts to the nearest whol dolor and round the cost per unit to the nearest cent, $x.xx) Requirements Thu byty Top 1. What is Thatcher's current total cost of making and selling million cans of paint? What is the current cost peran of paint? 2. Assume that Thatcher is a priore and current wholesale market price is $7.00 per can of point What is the target soal of cost in producing and wling 9 milions of paint? Given Thatcher's current total code with compatyroch stockholders profit goals? 3. Continuing win Requirements say that Thatcher has found to reduces told costs by $200,000. What is the target variable cost per can of part Suppose Theicher plans to spend madisonal 522 milion ding to Geras product in order to increase melo 10 and become more of a poder Acme that Thatcher did yodoci edo by 5200.000 as wat in Redure but could not find ways to son is a cost Whis the colpus price for a can onder these condition? Cherry to enter yourber in the route de and on Pin Done DRAW C BO PP FF 888 A o 2 7 $ 4 3 & 7 5 6 8 1 0 dhe Q W E R T 100 Y U 1 1 Read the requirements Requirement 1. What is Thatcher's current total cost of making and selling 9 million cans of paint? What is the current cost per can of paint? Select the formula labels and enter the amounts to calculate Thatcher's current total cost and current cost per can of paint (Enter currency amounts in dollars, not in millions Enter millions. Round all currency amounts to the nearest whole dollar and round the cost per unit to the nearest cent. $X.XX.) * Requirements Plus Divided by Total cost per unit 1. What is Thatcher's current total cost of making and selling 9 million cans of paint? What is the current cost per can of paint? 2. Assume that Thatcher is a price-taker and the current wholesale market price is $7.00 per can of paint. What is the target total of cost in producing and selling 9 million cans of paint? Given Thatcher's current total costs, will the company reach stockholders' profit goals? 3. Continuing with Requirement 2, let's say that Thatcher has found ways to reduce its total foxed costs by $260,000. What is the target variable cost per can of paint? 4. Suppose Thatcher plans to spend an additional $2.2 million on advertising to differentiate its product in order to increase sales volume to 10 million cans and become more of a price-setter. Assume that Thatcher did reduce its total fixed costs by $260,000 as stated in Requirement 3 but could not find ways to save on its variable costs. What is the cost-plus price for a can of paint under these conditions? Choose from any list or enter any number in the input fields and then a parts 4 remaining Print Done 20 FT DOO GOD 74 FS A # 3 $ 4 % 5 2 & 7 6 8 9