Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a company has $40 per unit in variable costs and $

A company has $40 per unit in variable costs and $1,200,000 per year in fixed...

70.2K

Verified Solution

Question

Accounting

A company has $40 per unit in variable costs and $1,200,000 per year in fixed costs. Demand is estimated to be 102,000 units annually. What is the price if a markup of 40% on total cost is used to determine the price?
Round to two decimal places.
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

Give an example of how the niche-picking genotype-environment correlation could be manifest.   

Civil Engineering
1.2K views

Course: CIVE 4309: SOLID WASTE MANAGEMENT Subject: Case study landfill area and state fully the operational method...

Physics
1.2K views

The Federation space cruiser Execrable is floating in Federation territory at rest rel- ative to the border of Klingon...

Physics
1.2K views

A 123 turn circular coil of radius 2.27 cm is immersed in a uniform magnetic field...

Accounting
1.2K views

Corrigan Enterprises is studying the acquisition of two electrical component insertion systems for producing its sole product,...

Physics
1.2K views

A charged particle of mass m and charge q enters a magnetic field region with...

Basic Math
1.2K views

Consider the following vector function.r(t) = (7t2, sin(t)- t cos(t), cos(t) + t sin(t)), t>...

Calculus
1.2K views

Earth s distance from the center of the sun as a function of time 1...

Calculus
1.2K views

8 The Sum given by a Find b Show geometric the of 5 1 2...

Accounting
1.2K views

Exercise 5-7A (Algo) Effect of FIFO Versus LIFO on income tax expense LO...

Accounting
1.2K views

13. Rocko Inc. has a machine with a book...

Accounting
1.2K views

Marcus works for Nationwide in downtown Columbus. As an employee benefit, he is provided an...