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Requirement 1. What is Beckford's current total cost of making and selling 14 million cans of paint? What is the current cost per can of
Requirement 1. What is Beckford's current total cost of making and selling 14 million cans of paint? What is the current cost per can of paint? millions. Round all currency amounts to the nearest whole dollar and round the cost per unit to the nearest cent, $X.XX.) Plus: Divided by: Total cost per unit Beckford's current total costs, will the company reach stockholders' profit goals? Beckford Paints makes and sells paint to home improvement stores. Beckford's only plant can produce up to 17 million cans of paint per year. Current annual production is 14 million cans. Fixed manufacturing and administrative costs total $18.2 million per year. The variable cost of making and selling each can of paint is $6.30. Stockholders expect a 20% annual return on the company's $38 million of assets. Given Beckford's current total costs, will the company reach stockholders' profit goals? (Enter currency amounts in dollars, not in millions.) the company reach stockholders' profit goals. There will be a(an) Requirement 3. Continuing with Requirement 2, let's say that Beckford has found ways to reduce its total fixed costs by $340,000. What is the target variable cost per can of paint? Select the formula labels and enter the amounts to calculate Beckford's target variable cost per can of paint. (Enter currency amounts in dollars, not in millions. Enter unit values as whole numbers, not in millio Round cost per unit amounts to the nearest cent, $X.XX.) nearest cent, $X.XX.)
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