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Required information The following information applies to the questions displayed below] The market pilice for a product has been $50 per unit, but competitive pressures
Required information The following information applies to the questions displayed below] The market pilice for a product has been $50 per unit, but competitive pressures have reduced the market price to $45 The firm manufactures 10,000 of these products per year at a manufacturing cost of $38 per unit (including $22 fixed cost and $16 variable cost per unit) Other selling and administrative costs for the product are $8 per unit. What is the firm's target manufacturing cost for this product if the profit per unit is to remain unchanged? Required informotion The following information applies to the questions displayed below] The market price for a product has been $50 per unit, but competitive pressures have reduced the market price to $45. The firm manufactures 10,000 of these products per year at a manufacturing cost of $38 per unit (including $22 foced cost and $16 variable cost per unit). Other selling and administrative costs for the product are $8 per unit The firm ignores competitve prices because it has a differentiated product. it uses life-cycle cost-based pricing with a 10% markup. What is the firm's price? (Round your answer to 2 decimal places.) Required information The following information apples to the questions displayed below] The market price for a product has been $76 per unit, but competitive pressures have reduced the market price to $72 The firm manulactures 17,500 of these products per year at a manufacturing cost of $54 per unit (including $28 fixed cost and $26 variable cost per unit) Other selling and administrative costs for the product are $10 per unit. The firm ignores competitive prices because it has a differentiated product it uses life-cycle cost-based pricing with a 20% markup. What is the firm's price? (Round your answer to 2 decimal ploces.) Answer is complete but not entirely correct
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