This topic contains a solution. Click here to go to the answer

Author Question: Metro Boat Company produces custom-built houseboats. Metro's house boats generally sell for prices ... (Read 165 times)

Dannyrod2

  • Full Member
  • ***
  • Posts: 160
Metro Boat Company produces custom-built houseboats. Metro's house boats generally sell for prices between $85,000 and $125,000. Bob Smith, the football coach at State University, has presented Metro with the amenities he wishes to have on his boat. Metro has calculated that to build this boat to Bob's specifications, materials, labor and overhead would total $95,652. Bob does not want to pay more than $100,000. Metro normally prices their house boats based on the total cost of construction plus 15%.

Required (round to the nearest dollar):

a.What price would Metro normally quote for the houseboat Bob is requesting?
b.What is the target cost Metro would need to meet to sell the houseboat for
$100,000 at a 15% markup?
c.What could Metro do to meet the target cost in part b?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Dannyrod2 on Feb 5, 2023

jojo120419

  • Full Member
  • ***
  • Posts: 158
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly




Dannyrod2

  • Member
  • Posts: 160
Reply 2 on: Feb 5, 2023
Thanks for the timely response, appreciate it


apple

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Excellent

 

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

For a complete list of videos, visit our video library