Question
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
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/666142bf0a933_110666142bee7ece.jpg)
- 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
Choice:$6.90
Choice:$8.00
2.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
3.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
4.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
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/666142bf491f6_111666142bf37e03.jpg)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started