Determine the breakeven sUggested retail price for a manufacturer's new consumer product (CP). The CP has a total cost per unit (TFC+ TVC +NR/ Units of $16.00 based on the projected first year sales of 100,000 units. The manufacturer's wholesale broker receives a 20% commission and the retail channel members utilize "keystoning" which is a 50% markup on selling.

Determine the breakeven sUggested retail price for a manufacturer's new consumer product (CP). The CP has a total cost per unit (TFC+ TVC +NR/ Units of $16.00 based on the projected first year sales of 100,000 units. The manufacturer's wholesale broker receives a 20% commission and the retail channel members utilize "keystoning" which is a 50% markup on selling.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Laboratory Exercise No. 18 Filename: Lab_exer18 A mobile phone store wants you to create a simple application. The program will start by asking the brand of the phone. The user will then enter 10 different prices of that phone for the past months. From the prices entered, be able to count the number of price that is more than 100. Determine also the average price of all the amount. Sample output: Enter price 1 120 Enter price 2 : 50 Enter price 3 75 Enter price 4 : 105 Enter price 5 35 Enter price 6 : Enter price 7 : Enter price 8 : 20 80 115 Enter price 9 : 50 Enter price 10 : 75 Number of prices that is more than 100 : 2 Average of all prices : 72.5
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