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lina2011 [118]
3 years ago
14

A defense contractor has been able to summarize its total annual fixed costs as $100,000 and the total variable cost per unit of

production as $33/unit. If only 5000 units is all that is expected to sell to the government this year what should the per
Business
1 answer:
Zielflug [23.3K]3 years ago
7 0

Answer: $66.25

Explanation:

What should the per unit selling price be to make a 25% profit this year?

First, we'll calculate the total cost which will be:

= $100,000 + $5000(33)

= $100,000 + $165,000

= $265000

%profit = 100(revenue - cost)/ cost

25% = 100(revenue - 265000)/265000

Therefore, revenue will be:

265000(1 + 25%) = 331250

265000(1.25) = 331250

Revenue = $331250

Selling price per unit will be:

= $331250/5000

= $66.25/unit

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SELF - REGULATION

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Self - regulation

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A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera
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Explanation:

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3 years ago
Scenario 13-6 Ziva is an organic lettuce farmer, but she also spends part of her day as a professional organizing consultant. As
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Answer:

The correct answer is:

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Explanation:

The cost of production of a good or service is the amount used up or forfeited in the production of the good or service. In this scenario, from Ziva used 10 hours for farming and because she dedicated 10 hours, if she had been available for her consultancy service which paid her $25 per hour, she would have earned a total of $250 at the end of the 10 hours she used in farming. In addition, she also spend $130 on the seed that she used for planting, which is the direct cost of farming (production). Hence the total amount given up in the farming process will make up the total cost of farming, and this includes; the $250 given up for consultancy, and the $130 spent on seeds, hence, the total cost of production is;

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Answer:

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Answer:

Answer for the question:

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is given in the attachment.

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