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Required A Required B Required C Required D Refer to the situation presented in requirement (c). PLA and Blaine's are still negotiating on price
Required A Required B Required C Required D Refer to the situation presented in requirement (c). PLA and Blaine's are still negotiating on price for the special order. What is the lowest price that PLA could charge and be no worse off for taking this order? (Round your final answer to the nearest whole dollar.) Lowest price < Required C Required D > Mcquade Equipment is considering a new product for the road construction industry. The analyst has collected some information about the product design summarized as follows: Prime cost per unit Conversion cost per unit Direct labor cost per unit $ 5,320 3,640 1,900 The marketing group at Mcquade believes this product can be a success if sold at a price of $8,390 per unit. Mcquade desires an operating profit (as a percentage of costs) of 25 percent on products of this type. Required: a. Will Mcquade achieve its target operating profit based on these product characteristics? b. A product engineer suggests that they are still uncertain about the direct material costs. By how much would direct material cost have to fall or by how much could they increase direct material cost per unit such that the desired operating profit would be met exactly? Complete this question by entering your answers in the tabs below. Required A Required B Will Mcquade achieve its target operating profit based on these product characteristics? Will Mcquade achieve its target operating profit based on these product characteristics? Required A Required B >
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