If the firm desires to net 450 per unit in profit over

Reference no: EM13482542

Taurus Tools has developed a new kitchenutensil. The firm has conducted significant market research and estimated the following pattern for sales of the new product:

Year ExpectedVolume Expected Price perUnit

1 38,000units $19

2 48,000units 18

3 90,000units 16

4 40, 000units 12

If the firm desires to net $4.50 per unit in profit over thelife of the product, what is the target cost to produce the new utensil?

Reference no: EM13482542

Questions Cloud

How many hammers will have to be sold in june to maintain : lagerfield company reported the following results from the sale of 4220 hammers in may sales 198340 variable costs

Prepare year-end adjustments to the following situations : prepare year-end adjustments to the following situations. omit explanations.accrued interest on notes receivable is

Fidelitys income tax rate is 40 at january 1 2013 fidelitys : for the year ended december 31 2013 fidelity engineering reported pretax accounting income of 977000. selected

Kobyashi moru reports its inventory fixed assets : kobyashi moru reports its inventory fixed assets depreciation and cost of goods sold on a current value basis fair

If the firm desires to net 450 per unit in profit over : taurus tools has developed a new kitchenutensil. the firm has conducted significant market research and estimated the

Detmer holdings ag of zurich switzerland has just : detmer holdings ag of zurich switzerland has just introduced a new fashion watch for which the company is trying to

Incur 429000 of costs for 36-month zip contract paying 70 : 1. pay 238000 to lessor co. as 1st annual payment on the signing of a 3-year noncancelable computer lease to begin 111.

On the basis of the cash forecast write a brief report : a company is negotiating with the bank for a 200000 90 day12 loan effective july 1 of the current year. if the

On august 31 kravsnik company receives its bank statement : on august 31 kravsnik company receives its bank statement. the company deposits its receipts in the bank and makes all

User Account

All Pages