Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. need help for this accounting problem the last que

need help for this accounting problem the last question:1. equal to /higher than /lower than...

90.2K

Verified Solution

Question

Accounting

need help for this accounting problem

imageimageimageimageimageimageimagethe last question:1. equal to /higher than /lower than 2.equal to /less than /more than 3. should / should not 4. equal / less/ more

The new cost-plus price, with bath and kitchen upgrades. is actually the expected market price of an upgraded house. If Johnson can sell the upgraded homes for $245,000, as expected, it will earn its target profit. Johnson upgrade the bathrooms and kitchens so that it has control over pricing Requirement 3. Bathrooms and kitchens are typically the most important selling features of a home. Johnson Builders could differentiate the homes by upgrading bathrooms and kitchens. The upgrades would cost $24,000 per home but would enable the company to increase the selling prices by $42,000 per home (in general kitchen and bathroom upgrades typically add at least 150% of their cost to the value of any home.) If Johnson Builders upgrades, what will the new cost-plus price per home be? Should the company differentiate its product in this manner? Show your analysis. Compute the new cost-plus price per home

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