Author Question: A business produces 5,000 units per month. It spends 12,000 on raw materials. It pays wages of ... (Read 93 times)

Lisaclaire

  • Hero Member
  • *****
  • Posts: 569
A business produces 5,000 units per month. It spends 12,000 on raw materials. It pays wages of 20,000 . Other costs include 50,000 for rent, paid by the month. In order to break even the selling price per unit will have to be:
 a. 25.20
  b. 16.4
 c. 20.30
  d. 28

Question 2

Given that the firm wants to sell both the versions, how high can the no-name brand be priced?
 a. 30
 b. 40
 c. 60
 d. 70



Viet Thy

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

b

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

For a complete list of videos, visit our video library