Business and finance: Assuming sales of 1,200 units, what is the full selling price of a globe?

Nov 17th, 2015
Anonymous
Category:
Accounting
Price: $5 USD

Question description

The Falling Snow Company is considering production of a lighted world globe that the company would price at a markup of 0.30 above full cost. Management estimates that the variable cost of the globe will be $70 per unit and fixed costs per year will be $240,000.

Assuming sales of 1,200 units, what is the full selling price of a globe with a 0.30 markup?


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