Q-4. An organization makes and sells three products, F, G, and H. The products are sold in the proportions F: G:H= 2:1:3. The organization's fixed costs are $80000 per month and details of the products are as follows. Product Selling price $ per unit Variable cost $ per unit F 22 16 G 15 12 H 19 13 The organization wishes to earn a profit of $52000 next month. Required: Calculate the required sales value of each product in order to achieve this target profit. (10)
Q-4. An organization makes and sells three products, F, G, and H. The products are sold in the proportions F: G:H= 2:1:3. The organization's fixed costs are $80000 per month and details of the products are as follows. Product Selling price $ per unit Variable cost $ per unit F 22 16 G 15 12 H 19 13 The organization wishes to earn a profit of $52000 next month. Required: Calculate the required sales value of each product in order to achieve this target profit. (10)
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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