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Whitepunk [10]
3 years ago
12

Product Pricing: Single Product Assume that you plan to open a soft ice cream franchise in a resort community during the summer

months. Fixed operating costs for the three- month period are projected to be $5,650. Variable costs per serving include the cost of the ice cream and cone, $0.50, and a franchise fee payable to Austrian Ice, AG, $0.15. A market analysis prepared by the Austrian Ice indicates that the summer sales in the resort community should total 24,000.
Required: Determine the price should charge for each ice cream cone to achieve a $20,000 profit for the three-month period.
Business
1 answer:
Rasek [7]3 years ago
8 0

Answer:

$1.71

Explanation:

The computation of sales per unit is shown below:-

Variable cost = Total units × (Cost of ice cream and cone + Franchise fee payable)

= 24,000 × ($0.50 + $0.15)

= 24,000 × $0.65

= $15,600

Total cost = Fixed cost + Variable cost

= $5,650 + $15,600

= $21,250

Sales = Total cost + Profit

= $21,250 + $20,000

= $41,250

Sales price per unit = Sales ÷ Community total

= $41,250 ÷ 24,000

= $1.71

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3 years ago
Fairview Community College is a multi-district college with four campuses. Each campus has one president, two vice presidents, f
EastWind [94]

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Explanation:

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3 years ago
A financier plans to invest up to $400,000 in two projects. Project A yields a return of 11% on the investment of x dollars, whe
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Answer:

Profit = $  49,600.

Explanation:

Given data:

Total investment $400,000

First, A + B = $400,000, since total money to invest $400,000.

from data given we  have

Secondly, your revenue equation would be 1.1x + 1.15y = R

Since you earn the most from the B investment, use the max of 35% of 400,000 for y:

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Answer:

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