Homework Answers
Complex Inc. is planning to reduced the price to $150 to remain competitive in the market.
They currently plan to get a total of 28% profit on price of $150
Let the cost be C.
Then the price = C*(1 + 28%)
So, 150 = C*1.28 => C = $117.19
So targeted cost = $117.19
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and Homework Managerial 0 comdex inc manufactures parts for the telecom industry. One of its products...
Check my work Comdex Inc. manufactures parts for the telecom industry. One of its products that...
Check my work Comdex Inc. manufactures parts for the telecom industry. One of its products that currently sells for $190 is now facing a new competitor that offers the same product for $170. The parts currently cost Comdex $160. Comdex believes it must reduce its price to $170 to remain competitive. What is the target cost of the product if Comdex desires a 20% profit on sales dollars? 0.31 points Target cost eBook References
Comdex Inc. manufactures parts for the telecom industry. One of its products that currently sells for...
Comdex Inc. manufactures parts for the telecom industry. One of its products that currently sells for $180 is now facing a new competitor that offers the same product for $160. The parts currently cost Comdex $150. Comdex believes it must reduce its price to $160 to remain competitive. What is the target cost of the product if Comdex desires a 30% profit on sales dollars? Target cost
Please Highlight the final answer I have putting $146.15 and said not correct Comdex Inc. manufactures...
Please Highlight the final answer
I have putting $146.15 and said not correct
Comdex Inc. manufactures parts for the telecom industry. One of its products that currently sells for $210 is now facing a new competitor that offers the same product for $190. The parts currently cost Comdex $180. Comdex believes it must reduce its price to $190 to remain competitive. What is the target cost of the product if Comdex desires a 30% profit on sales dollars? Target cost
Houces A Single Product. A Parts Check my work mode: This shows what is correct or...
Houces A Single Product. A Parts Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate comp Saved Help Se Comdex Inc. manufactures parts for the telecom industry. One of its products that currently sells for $170 is now facing a new competitor that offers the same product for $150. The parts currently cost Comdex $140. Comdex believes it must reduce its price to $150 to remain...
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can you answere question 2? 1. Goff Corporation sells products for $75 each that have variable...
can you answere question 2?
1. Goff Corporation sells products for $75 each that have variable costs of $50 per unit. Goff's fixed cost is $350,000. Calculate the contribution margin per unit, then use the per unit contribution margin approach to find the break-even point in units and dollars. 2. Phillips Company can sell 15,000 units of its new product at a selling price of $116. The unit cost is $72. The company's target profit is 40% of sales. The...
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MaxiDrive manufactures a wide variety of parts for recreational boating, including a gear and driveshaft part...
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Check my work Comdex Inc. manufactures parts for the telecom industry. One of its products that currently sells for $190 is now facing a new competitor that offers the same product for $170. The parts currently cost Comdex $160. Comdex believes it must reduce its price to $170 to remain competitive. What is the target cost of the product if Comdex desires a 20% profit on sales dollars? 0.31 points Target cost eBook References
Comdex Inc. manufactures parts for the telecom industry. One of its products that currently sells for $180 is now facing a new competitor that offers the same product for $160. The parts currently cost Comdex $150. Comdex believes it must reduce its price to $160 to remain competitive. What is the target cost of the product if Comdex desires a 30% profit on sales dollars? Target cost
Please Highlight the final answer
I have putting $146.15 and said not correct
Comdex Inc. manufactures parts for the telecom industry. One of its products that currently sells for $210 is now facing a new competitor that offers the same product for $190. The parts currently cost Comdex $180. Comdex believes it must reduce its price to $190 to remain competitive. What is the target cost of the product if Comdex desires a 30% profit on sales dollars? Target cost
Houces A Single Product. A Parts Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate comp Saved Help Se Comdex Inc. manufactures parts for the telecom industry. One of its products that currently sells for $170 is now facing a new competitor that offers the same product for $150. The parts currently cost Comdex $140. Comdex believes it must reduce its price to $150 to remain...
1. Goff Corporation sells products for $75 each that have variable costs of $50 per unit. Goff's fixed cost is $350,000. Calculate the contribution margin per unit, then use the per unit contribution margin approach to find the break-even point in units and dollars. 2. Phillips Company can sell 15,000 units of its new product at a selling price of $116. The unit cost is $72. The company's target profit is 40% of sales. The Vice President of Marketing has...
can you answere question 2?
1. Goff Corporation sells products for $75 each that have variable costs of $50 per unit. Goff's fixed cost is $350,000. Calculate the contribution margin per unit, then use the per unit contribution margin approach to find the break-even point in units and dollars. 2. Phillips Company can sell 15,000 units of its new product at a selling price of $116. The unit cost is $72. The company's target profit is 40% of sales. The...
MaxiDrive manufactures a wide variety of parts for recreational boating, including a gear and driveshaft part for high-powered outboard boat engines. Original equipment manufacturers such as Mercury and Honda purchase the components for use in large, powerful outboards. The part sells for $615, and sales volume averages 25,500 units per year. Recently, MaxiDrive's major competitor reduced the price of its equivalent unit to $552. The market is very competitive, and MaxiDrive realizes it must meet the new price or lose...
MaxiDrive manufactures a wide variety of parts for recreational boating, including a gear and driveshaft part for high-powered outboard boat engines. Original equipment manufacturers such as Mercury and Honda purchase the components for use in large, powerful outboards. The part sells for $645, and sales volume averages 27,500 units per year. Recently, MaxiDrive's major competitor reduced the price of its equivalent unit to $570. The market is very competitive, and MaxiDrive realizes it must meet the new price or lose...
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