What is the selling price of the combi boiler

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Question - Akaya Heating Boiler Industry Limited Company a new type of natural gas combi boiler has developed. R&D expenses related to this are 225 thousand TL and the amount of the investment is 1,145 million. TL. He also incurred the following expenses:

Labor is 30 thousand TL in the first year and increases by 15% every year.

Energy is 25 thousand TL in the first year and is increasing by 4% every year.

Management and marketing is 35 thousand TL in the first year and is increasing by 3 thousand every year.

R&D costs 30 thousand TL every year.

Operating expenses are 40 thousand TL each year.

Material cost per boiler is 418 TL.

The service life of this service is 10 years.

The capital cost of the company is 25%.

The company wants to make a profit of 32% per combi boiler. The number of combi boilers this type will produce year is 2,300.

In this case, what is the selling price of the combi boiler?

Reference no: EM133003694

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