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unit data apply for sales to regular customers: costs and currently $50 30 10 20 Variable costs: Direct materials Direct labor Manufacturing overhead Marketing costs
unit data apply for sales to regular customers: costs and currently $50 30 10 20 Variable costs: Direct materials Direct labor Manufacturing overhead Marketing costs Fixed costs: Manufacturing overhead Marketing costs Total costs Markup (20% of total costs) Estimated selling price 110 30 250 50 $300 If the European customer wanted a long-term commitment, and not a one-time-only special order, for supplying this product, calculate the most likely price to be quoted assuming the markup remains the same? $300 $ 190 $110 S250 M&G TV and Appliance Store is a small company that has hired you to perform some management advisory services. The following information pertains to 2020 operations. Sales (1,500 televisions) Cost of goods sold Store manager's salary per year Operating costs per year Advertising and promotion per year Commissions (2.8% of sales) $1,500,000 555,000 120,000 210,000 18,000 42,000 What were total fixed costs for 2020? $945,000 $330,000 $597,000 $848,000 Columbus Grounded Coffee Products manufactures coffee tables. Columbus Coffee Products has a policy of adding a 10% markup to full costs and currently has excess capacity. The following information pertains to the company's normal operations per month Output units Machine-hours Direct manufacturing labor-hours Direct materials per unit Direct manufacturing labor per hour Variable manufacturing overhead costs Fixed manufacturing overhead costs Product and process design costs Marketing and distribution costs 20,000 tables 6000 hours 14.000 hours $140 $20 $360,000 $1,500,000 $1,400,000 $1,000,000 Columbus Coffee Products is approached by an overseas customer to fulfill a one-time-only special order for 5000 units. All cost relationships remain the same except for a one-time setup charge of $70,000. No additional design, marketing, or distribution costs will be incurred. What is the minimum acceptable bid per unit on this one-time-only special order? (Round your final answer to the nearest cent.) $484.00 $184.00 $288.00 $186.00
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