#6. Allied Laboratories is combing some of its most common tests into one-price packages. One such package will contain three tests that have the following variable costs: Test A Test B Test C Disposable Syringe $4.00 $4.00 $4.00 Blood Vial $0.50 $0.50 $0.50 Forms $0.15 $0.15 $0.15 Reagents $0.80 $0.60 $1.20 Sterile Bandages $0.20 $0.20 $0.20 Breakage/losses $0.05 $0.05 $0.05 When the tests are combined, only one syringe, form, and sterile bandage will be used. Furthermore, only one charge for breakage/losses will apply. Two blood vials are required, and reagent costs will remain the same (reagents from all three tests are required - so add up those costs). Assuming marginal cost pricing, what is the cost of the combined test? Choice: $3.00 Choice: $4.50 to 000D Choice: $6.90 .000, B olo noso Choice: $8.00 do bodo #7. Allied Laboratories is combing some of its most common tests into one-price such package will contain three tests that have the following variable costs. Test A Test C Test B Disposable Syringe $4.00 $4.00 $4.00 Blood Vial $0.50 SO.50 $0.50 Forms S0.15 $0.15 $0.15 Reagents $0.80 $0.60 $1.20 Sterile Bandages $0.20 CO20 $0.20 Breakage losses $0.05 $0.05 $0.05 When the tests are combined, only one syringe, form, and sterile bandage will be used. Furthermore, only one charge for breakage/losses will apply. Two blood vials are required, and reagent costs will remain the same (reagents from all three tests are required - so add up those costs). What price must be charge to achieve a contribution margin of $10? Choice: $8.25 Choice: $14.75 Choice: $18.00 Choice: $19.80 #8. Allied Laboratories is combing some of its most common tests into one-price packages. One such package will contain three tests that have the following variable costs: Disposable Syringe Blood Vial Forms Reagents Sterile Bandages Breakage losses Test A $4.00 S0.50 $0.15 $0.80 $0.20 $0.05 Test B $4.00 $0.50 $0.15 $0.60 $0.20 $0.05 Test C $4.00 $0.50 $0.15 $1.20 $0.20 $0.05 When the tests are combined, only one syringe, form, and sterile bandage will be used. Furthermore, only one charge for breakage/losses will apply. Two blood vials are required, and reagent costs will remain the same (reagents from all three tests are required - so add up those costs). Allied estimates that 2,000 of the combined tests will be conducted during the first year. The annual allocation of direct fixed and overhead costs totals $50,000. What price must be set to cover the total overhead costs at the projected volume. What price must be charged to cover full costs? Choice: $26.90 Choice: $27.50 Choice: $33.00 Choice: $43.75 19. Allied Laboratories is combing some of its most common tests into one-price packages. One such package will contain three tests that have the following variable costs: Test A Test B Test C Disposable Syringe $4.00 $4.00 $4.00 Blood Vial $0.50 $0.50 $0.50 Forms $0.15 $0.15 $0.15 Reagents $0.80 $0.60 $1.20 Sterile Bandages $0.20 S0.20 $0.20 Breakage/losses $0.05 $0.05 $0.05 When the tests are combined, only one syringe, form, and sterile bandage will be used. Furthermore, only one charge for breakage/losses will apply. Two blood vials are required, and reagent costs will remain the same (reagents from all three tests are required - so add up those costs). Allied estimates that 2,000 of the combined tests will be conducted during the first year. The annual allocation of direct fixed and overhead costs totals $50,000. What price must be set to cover the total overhead costs at the projected volume. What price must be charged to cover full costs plus a $25,000 profit? Choice: $22.54 Choice: $31.00 Choice: $45.50 Choice: $50.00
