Market price of cover = $ 26.00 per unit
desired operating profit = 25% of Costs
Market price = cost + profit
26 = cost + 0.25 of cost
1.25 cost = 26
Cost = 26 / 1.25
Cost =$ 20.8
Highest acceptable cost of the cover = $ 20.8
2 Sid's Skins makes a variety of covers for electronic organizers and portable music players. The...
Sid's Skins makes a variety of covers for electronic organizers and portable music players. The company's designers have discovered a market for a new clear plastic covering with college logos for a popular music player. Market research indicates that a cover like this would sell well in the market priced at $23.50. Sid's desires an operating profit of 25 percent of costs. Required: What is the highest acceptable manufacturing cost for which Sid's would be willing to produce the cover?...
Sid's Skins makes a variety of covers for electronic organizers and portable music players. The company's designers have discovered a market for a new clear plastic covering with college logos for a popular music player. Market research indicates that a cover like this would sell well in the market priced at $17.50. Sid's desires an operating profit of 25 percent of costs Required: What is the highest acceptable manufacturing cost for which Sid's would be willing to produce the cover?...
Sid's Skins makes a variety of covers for electronic organizers and portable music players. The company's designers have discovered a market for a new clear plastic covering with college logos for a popular music player. Market research indicates that a cover like this would sell well in the market priced at $25.00. Sid's desires an operating profit of 25 percent of costs Required: What is the highest acceptable manufacturing cost for which Sid's would be willing to produce the cover?...
Sid's Skins makes a variety of covers for electronic organizers and portable music players. The company's designers have discovered a market for a new clear plastic covering with college logos for a popular music player. Market research indicates that a cover like this would sell well in the market priced at $21. Sid's desires an operating profit of 20 percent of costs. Required: What is the highest acceptable manufacturing cost for which Sid's would be willing to produce the cover?...
Sid's Skins makes a variety of covers for electronic organizers and portable music players. The company's designers have discovered a market for a new clear plastic covering with college logos for a popular music player. Market research indicates that a cover like this would sell well in the market priced at $20.50. Sid's desires an operating profit of 25 percent of costs. Required: What is the highest acceptable manufacturing cost for which Sid's would be willing to produce the cover?...
Sid's Skins makes a variety of covers for electronic organizers and portable music players. The company's designers have discovered a market for a new clear plastic covering with college logos for a popular music player. Market research indicates that a cover like this would sell well in the market priced at $24.50. Sid's desires an operating profit of 25 percent of costs. Required: What is the highest acceptable manufacturing cost for which Sid's would be willing to produce the cover?...
Domingo Corporation makes a variety of headphones with logos. The company has discovered a new market for wireless headphones with logos. Market research indicates that these headphones would sell well in the market priced at $50.00 each. Domingo desires an operating profit of 25 percent of costs. Required: What is the highest acceptable manufacturing cost for which Domingo would be willing to produce the headphones? (Round your answer to 2 decimal places.) : Highest acceptable manufacturing costs? = ???
Domingo Corporation makes a variety of headphones with logos. The company has discovered a new market for wireless headphones with logos. Market research indicates that these headphones would sell well in the market priced at $30.00 each. Domingo desires an operating profit of 25 percent of costs. Required: What is the highest acceptable manufacturing cost for which Domingo would be willing to produce the headphones? (Round your answer to 2 decimal places.) What is the highest acceptable manufacturing costs?
Check my work Domingo Corporation makes a variety of headphones with logos. The company has discovered a new market for wireless headphones with logos Market research indicates that these headphones would sell well in the market priced at $42.00 each. Domingo desires an operating profit of 20 percent of costs. Required: What is the highest acceptable manufacturing cost for which Domingo would be willing to produce the headphones? (Round your answer to 2 decimal places.) Book Highest acceptable manufacturing costs...
Domingo Corporation makes a variety of headphones with logos. The company has discovered a new market for wireless headphones with logos, Market research indicates that these headphones would sell well in the market priced at $44.40 each. Domingo desires an operating profit of 20 percent of costs. Required: What is the highest acceptable manufacturing cost for which Domingo would be willing to produce the headphones? (Round your answer to 2 decimal places.) Honest acceptable manufacturing costs