Having the following information, Determine the needed working hours per 1000 if:1.The selling price of each unit is $ 40.52.Mark up percentage is 11%3.material cost is $7.5/unit.4.And the overhead cost is half of the direct labour cost.The total cost comprises of 80% manufacturing cost and 20% front end cost.Utilization is 85%7.Workers are paid $10/hr5.6.

Selling price =40.5 Mark up=11% Cost =40.5/1.11 Total cost =36 manufacturing costs =36×0.80=28.8…

Answered: Having the following information,…

Having the following information, Determine the nee 1. The selling price of each unit is $ 40.5 2. Mark up percentage is 11%

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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