On point inc is interested in producing and selling a

Reference no: EM13600454

On Point, Inc., is interested in producing and selling a deluxe electric pencil sharpener. Market research indicates that customers are willing to pay $40 for such a sharpener and that 20,000 units could be sold each year at this price. The cost to produce the sharpener is currently estimated to be $34.

If a competitor sells basically the same sharpener for $36, what would On Point's target cost be to maintain a 16 percent return on sales?(Round your answers to 2 decimal places. Omit the "$" sign in your response.)

Reference no: EM13600454

Questions Cloud

Suzaki manufacturing company is considering three new : suzaki manufacturing company is considering three new projects each requiring an equipment investment of 22000. each

Nanner corporation is trying to determine how long it takes : nanner corporation is trying to determine how long it takes for one product to pass through the production process. the

Microsoft extended the warranty on its x-box 360 video game : microsoft extended the warranty on its x-box 360 video game console and said it will take a charge of more than 1

Using the time value of money calculator under the lessons : using the time value of money calculator under the lessons tab answer the following question and submit your answer to

On point inc is interested in producing and selling a : on point inc. is interested in producing and selling a deluxe electric pencil sharpener. market research indicates that

Supposed that jolie believes that double-declining-balance : brad jolie recently decided to open a restaurant specializing in new orleans cuisine. he purchased a restaurant

Aiyah inc recently has had financial difficulty and is : aiyah inc. recently has had financial difficulty and is being liquidated by the federal bankruptcy court. the firm has

Nanner corporation is trying to determine how long it takes : nanner corporation is trying to determine how long it takes for one product to pass through the production process. the

Needs 15 million of new long-term financing the firm is : cto sell this new issue the stock would have to be underpriced by 1 and sold for 15 per share. the firm currently has

User Account

All Pages