The cost of a window air conditioner was $420 and had a markup on cost percentage of 45%. During a spring promotion, the selling price was reduced by $70. The required overheads and operating profit for the air conditioner are 35% and 10% of cost respectively For full marks your answer(s) should be rounded to the nearest cent. a) What is the regular selling price? Regular price = $ 0.00 b) What is the profit (loss) at the sale price? Profit on sale price = $ 0.00 c) What is the break-even price? Break-even price = $ 0.00

The cost of a window air conditioner was $420 and had a markup on cost percentage of 45%. During a spring promotion, the selling price was reduced by $70. The required overheads and operating profit for the air conditioner are 35% and 10% of cost respectively For full marks your answer(s) should be rounded to the nearest cent. a) What is the regular selling price? Regular price = $ 0.00 b) What is the profit (loss) at the sale price? Profit on sale price = $ 0.00 c) What is the break-even price? Break-even price = $ 0.00

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter16: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 20E

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