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Author Question: Metro Boat Company produces custom-built houseboats. Metro's house boats generally sell for prices ... (Read 29 times)

Dannyrod2

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on: Feb 5, 2023
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?
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by Dannyrod2 on Feb 5, 2023

jojo120419

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Reply #1 on: Feb 5, 2023
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.
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Dannyrod2

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Reply 2 on: Feb 5, 2023
Excellent

ashely1112

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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