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ella [17]
3 years ago
6

A watch manufacturer incurs a variable cost of $10 per watch and fixed costs of $400,000. To earn a 25 percent markup on selling

price, the manufacturer would charge _____ for each of the 50,000 watches it expects to sell.
Business
2 answers:
masha68 [24]3 years ago
8 0

Answer:

$24

Explanation:

50,000 watches are sold

variable cost per watch = $10

fixed costs = $400,000

contribution margin to break even = $400,000 / 50,000 watches = $8 per watch

selling price without markup = $8 (contribution margin) + $10 (variable costs) = $18

X - 25% markup = $18

0.75X = $18

X = $18 / 0.75 = $24

WITCHER [35]3 years ago
6 0

Answer:

$22.50 per unit

Explanation:

Mark -up is the percentage of cost that is earned as profit.

Using mark-up,

Selling price = Total cost + total profit

Total cot = Fixed cost + variable cost

Total costs = $400,000 +  (10× 50,000)

                   = $900,000

Sales revenue = 125%× 900,000

                       = 1,125,000

Selling price per unit = Sales revenue/units

                       =1,125,000/50,000

                     = $22.50 per unit

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Answer:

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Answers:

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Explanation:

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Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
3 0
3 years ago
1. What are the purposes of a checking account? ​
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