Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

With this data come up with a good price for the product (invisible language translating hearing aids), the revenue for the demand of 500-1000, the

With this data come up with a good price for the product (invisible language translating hearing aids), the revenue for the demand of 500-1000, the contribution margin + contribution margin per unit. And the break even point.

image text in transcribed
Category Cost per Month Website development $1,000 Research and Development $8,333.33 Rent $12,000 Design $4,166.67 Utilities $5,000 Patent filing fees $833.33 Salaries $60,000 Raw materials $80,000 Administrative costs $10,000 Labor $60,000 Manufacturing Equipment Depreciation $833.33 Overheads $30,000 Office Furniture Depreciation $277.75 Advertising $5,000 Patents Amortization $166.66 Promotions $10,000 Total Expenses $287,611.07 Category Cost per Year Website development $12,000 Research and Development $100,000.00 Rent $144,000 Design $50,000.00 Utilities $60,000 Patent filing fees $10,000.00 Salaries $60,000 Raw materials $960,000 Administrative costs $120,000 Labor $720,000 Manufacturing Equipment Depreciation $10,000.00 Overheads $360,000 Office Furniture Depreciation $3,333.00 Advertising $60,000 Patents Amortization $2,000.00 Promotions $120,000 Total Expenses $2,791,333.00

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

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

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Asymmetric Cost Behavior Implications For The Credit And Financial Risk Of A Firm

Authors: Kristina Reimer

1st Edition

3658228210, 9783658228217

More Books

Students also viewed these Accounting questions

Question

Can a diode be used to amplify a signal? Explain.

Answered: 1 week ago

Question

have an understanding of best practices in supplier development;

Answered: 1 week ago