Titan Metalworks produces a special kind of metal ingots that are unique, which allows Titan to follow a cost -, + pricing strategy. Titan has $11,000,000 of assets and shareholders expect approximately a 8% return on assets. Assume all products produced are sold. Additional data are as follows:
Sales volume 350,000 units per year
Variable costs $15.00 per unit
Fixed costs $1,700,000 per year
Using the cost -, + pricing approach, what should be the sales price per unit?
A. $2.86
B. $19.86
C. $22.71
D. $15.00
Answers: 2
Other questions on the subject: Business
Business, 21.06.2019 13:30, yasarhan2
For june, gold corp. estimated sales revenue at $600,000. it pays sales commissions that are 4% of sales. the sales manager's salary is $285,000, estimated shipping expenses total 1% of sales, and miscellaneous selling expenses are $15,000. how much are budgeted selling expenses for the month of july if sales are expected to be $540,000.
Answers: 3
Business, 22.06.2019 12:40, daphnewibranowsky
Kumar consulting operates several stock investment portfolios that are used by firms for investment of pension plan assets. last year, one portfolio had a realized return of 12.6 percent and a beta coefficient of 1.15. the average t-bond rate was 7 percent and the realized rate of return on the s& p 500 was 12 percent. what was the portfolio's alpha?
Answers: 1
Business, 22.06.2019 20:10, janayflowers042
Russell's is considering purchasing $697,400 of equipment for a four-year project. the equipment falls in the five-year macrs class with annual percentages of .2, .32, .192, .1152, .1152, and .0576 for years 1 to 6, respectively. at the end of the project the equipment can be sold for an estimated $135,000. the required return is 13.2 percent and the tax rate is 23 percent. what is the amount of the aftertax salvage value of the equipment assuming no bonus depreciation is taken
Answers: 2
Business, 23.06.2019 04:50, xTrippyBeach4201x
Which of the following results from the latest decision round is most important in providing guidance to company managers make in strategic moves and decisions to improve their companies competitiveness and rank among the top-performing companies in the current decision round
Answers: 3
Do you know the correct answer?
Titan Metalworks produces a special kind of metal ingots that are unique, which allows Titan to foll...
Questions in other subjects:
Mathematics, 27.09.2019 04:00
Mathematics, 27.09.2019 04:00
History, 27.09.2019 04:00
Computers and Technology, 27.09.2019 04:00
