Maurice Tutor

(5)

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About Maurice Tutor

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Expertise:
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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 1 Day Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 14 Aug 2017 My Price 5.00

Point, Inc.

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 $34. a. If On Point requires a 23 percent return on sales to undertake production of a product, what is the target cost for the new pencil sharpener?(Round your answers to 2 decimal places. Omit the "$" sign in your response.) Target cost $ b. If a competitor sells basically the same sharpener for $36, what would On Point's target cost be to maintain a 23 percent return on sales?(Round your answers to 2 decimal places. Omit the "$" sign in your response.) Target cost $

Answers

Maurice Tutor
(5)
Status NEW Posted 14 Aug 2017 03:08 PM My Price 5.00

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