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

Nov 17th, 2015
Anonymous
Category:
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?

(Top Tutor) anusha_reddy
School: UT Austin

Studypool has helped 1,244,100 students

Review from student
Anonymous
" Wow this is really good.... didn't expect it. Sweet!!!! "

1824 tutors are online

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors