Assuming that demand is met-what must the selling price be

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1. A felt-tip pen manufacturer is forecasted to sell 33000 pens next month. Their fixed costs are $24600 per month and variable costs are $0.38 per pen. Management wants to generate $13000 in profits next month. Assuming that the demand is met, what must the selling price be?

2. Our home construction company still buys nails in 15-pound boxes but now we use an average of 4455 boxes a year. Preparing an order and receiving a shipment of nails involves a cost of $1.30 per order. Annual carrying costs are $0.6 per bag. What will be their total cost of ordering and carrying the nails? (Include the pennies in your answer)

Reference no: EM132215166

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Assuming that demand is met-what must the selling price be : A felt-tip pen manufacturer is forecasted to sell 33000 pens next month. Assuming that the demand is met, what must the selling price be?

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