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kap26 [50]
3 years ago
5

Coronado Industries incurred the following costs for 68000 units: Variable costs $408000 Fixed costs 392000 Coronadohas received

a special order from a foreign company for 3500 units. There is sufficient capacity to fill the order without jeopardizing regular sales. Filling the order will require spending an additional $2800 for shipping. If Coronado wants to earn $7000 on the order, what should the unit price be?A) $14.56B) $8.80C) $8.00D) $8.56
Business
1 answer:
Elis [28]3 years ago
7 0

Answer:

B) $8.80

Explanation:

Coronado's current variable costs = $408,000 / 68,000 units = $6 per unit

Since this special order wouldn't increase fixed costs, they should not be considered in this calculation.

What has to be considered are the additional $2,800 spent for shipping the goods = $2,800 / 3,500 units = $0.80 per unit

Coronado's total costs for this special order = $6.80 per unit

If it wants to earn a $7,000 profit for this order, that means that they will need to earn a profit of $2 per unit (= $7,000 / 3,500 units).

The unit price for this special order should be = $6.80 + $2 = $8.80

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Option d. $35.00 is the share price that one should pay for the stock today to get the required return

The share price, or the price you will pay for the company's stock right now, can be calculated using the necessary rate of return calculation, the formula is as follows:

RRR=(EDP/SP)+DGW

where;

RRR=required rate of return

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In our case:

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Substituting the values in the formula we get the following:

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0.08=2.80/SP

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1 year ago
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Answer:

The correct answer is letter "A": The amount that would be paid today to receive a single amount at a specified date in the future.

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