Raju is in a competitive product market. The expected selling price is $80 per unit, and Raju's target profit is 10% of selling price. Using the target cost method, what is the highest Raju's cost per unit can be? (Round your answer to 2 decimal places.) Target cost
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- Calculate the selling price of a product if the cost price is R100 and the mark up on cost is 30%. Ignore VAT. A) R103 B) R113 C) R123 D) R130III. NadasellsorangejuiceforOMR1.00pergallon.ThevariablecostperunitisOMR0.80,andthefixed costs per month are OMR 1,000. You are required to;A) Calculate the total costs if Nada produces 10,000 units? B)Calculate the total profit earned by Nada if they produce and sell 10,000 units?Choose the correct letter of answer Jan Slaugther Company produces and sells a particular home appliance. The variable cost (VC) per unit is P50. The unit selling price (SP) is P120 while fixed cost (FC) is P70,000. What is the profit function in this case? a. C = 50x + 70,000b. Answer not givenc. P = 120x – 50x – 70,000d. R = 120x
- 1. Audrey sells a product for R8, 50. The variable cost are R5. Aubrey's break-even in units are 45000 units. What is the amount of fixed cost? 2. The firm sells 2L juice for each. The variable cost for each juice is R12. What is the contribution margin per unit?3. Given the data table below answer the questions that follow. Price per unit 5 10 15 20 25 30 weekly profit in thousands -8256 -1035 485 1400 820 -1200 e. According to your model what is the company’s predicted maximum profit? f. The company has decided that as long as they make at least $500 thousand in profit each week they will stay in business. What range of prices will allow them to reach this goal?Foris Company's product sells for P16 and has a variable cost per unit of P12. Fixed costs are P120,000. d. Foris wants to keep its selling price at P16 per unit and earn a 10% return on sales. Calculate the number of units Foris must sell to meet the target.
- 1. Your new company is planning to make and sell customized mailboxes. You have set startup costs of $2046. Each mailbox costs you $34 to make. If you plan to sell your mailboxes for $49.50, how many must you make and sell to break even? Explain the how you determined the answer. 2. If the retail price is fixed at $1.00, what effect does increasing the retail and wholesale margins have on the manufacturer's selling price? Explain why this is the case. 3. Define unit contribution in your own words. Is a high or low unit contribution preferable for profitability? 4. How do increases in the retail and wholesale margins (again, with a fixed retail price) affect the unit contribution? Why? 5. If you increase any of the fixed cost factors, what happens to the number of units the company needs to sell to break even? To the market share necessary to achieve breakeven?. 6. What change (increase or decrease) to the following factors increases the profit impact? Decreasing retail margin/unit…XXX Company sells products Laptop, Desktop and Tablet. In 2020 the unit sales price, variable costs, and sales mix of these products were: Products Laptop Desktop Tablet Sales Mix Ratio 4 4 2 Selling price per unit $ 1800 $ 1400 $ 1000 Variable Cost per unit $ 1200 $ 1000 $ 200 Fixed Cost $ 10,000,000 Required (1) Compute Jasmine's breakeven sales (units) in 2020. Prove your answer (2) Calculate the sales required to earn a target profit $ 20,000,000 and prove your answerFind out BEP in units and value with the following data:Fixed cost - $50000Variable cost - $40 per unitSelling Price - $80 per unitCalculate:1) What will be the profit when the sales is $1000002) What will be the amount of sales if it desires to earn a profit of $15000
- Suppose Firm X decides to decrease the price of Good A by 4%. Calculate the change in the quantity demanded (in units) of Good B, assuming that Firm X currently sells 5000 units of Good B.Change in Qd = if Ed = -2.5 and Ec = 1.5 for Good A, and Sales increased by 12% for Good B1. What is the value of a loyal customer (VLC) if the customer retention rate is 50 percent? Round your answer to the nearest cent. $ fill in the blank 2 2. What is the value of a loyal customer (VLC) if the customer retention rate increases to 75 percent? Round your answer to the nearest cent. $ fill in the blank 3 3. What is a 1 percent change in market share worth to the manufacturer if it represents 100,000 customers? Round your answers to the nearest dollar. 50 percent customer retention rate case: $ fill in the blank 4 75 percent customer retention rate case: $ fill in the blank 5 4. What do you conclude? If customer retention can be increased from 50 to 75 percent through better value chain performance, the economic payoff isPLEASE ANSWER ASAP! THANK YOU! 1. After determining the total product cost of P100.00 per unit, Mr. Abecee the owner, decided to set mark-up of 15% on cost of his product. Determine the final retail price per unit of product. Show your solution. 2. What is the pricing strategy used by Mr. Abecee? Briefly explain this pricing strategy. 3. How many units must be sold for Mr. Abecee to Break-even if Fixed Cost isPhp 100,000, Unit Selling Price is Php10.00 and Unit Variable cost is Php.5.00. 4. Differentiate geographical pricing from psychological pricing. 5. If you are to put -up a small start-up business with a starting capital of P50,000 ...a) What business will it be? andb) What will be your best pricing strategy? Justify.