Sid's Skins makes a variety of covers for electronic organizers and portable music players. The...
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Sid's Skins makes a variety of covers for electronic organizers and portable music players. The company's designers have discovered a market for a new clear plastic covering with college logos for a popular music player. Market research indicates that a cover like this would sell well in the market priced at $18.50. Sid's desires an operating profit of 25 percent of costs.
What is the highest acceptable manufacturing cost for which Sid's would be willing to produce the cover?(Round your answer to 2 decimal places.)
highest acceptable manufacturing costs?
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