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 130 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
Excellent


AmberC1996

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

For a complete list of videos, visit our video library