CourseLover

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About CourseLover

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Elementary,Middle School,High School,College,University,PHD

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Algebra,Applied Sciences See all
Algebra,Applied Sciences,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Engineering,Health & Medical,HR Management,Law,Marketing,Math,Physics,Psychology,Programming,Science Hide all
Teaching Since: May 2017
Last Sign in: 287 Weeks Ago, 3 Days Ago
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Education

  • MCS,MBA(IT), Pursuing PHD
    Devry University
    Sep-2004 - Aug-2010

Experience

  • Assistant Financial Analyst
    NatSteel Holdings Pte Ltd
    Aug-2007 - Jul-2017

Category > Accounting Posted 16 Dec 2017 My Price 10.00

Contribution margins for different prices

TDM Temps supplies contract student workers to local businesses. For the 2017/2018 academic year, TDM Temps has budgeted to supply 84,000 hours of student labor. Its variable costs are $13 per hour, and its fixed costs are $168,000. Tas K. Master, student labor coordinator, has proposed a cost-plus approach for pricing student labor at full cost plus 20%. Information regarding demand levels at different prices is given below. Given Price per hour. Demand (hrs) $ 16 124,000 $ 17 104,000 $ 18 84,000 $ 19 74,000 $ 20. 61,000 TDM Temps can meet any of these demand levels. Fixed costs will remain unchanged for all the demand levels. Required 1- Calculate the price per hour that TDM Temps should charge based on Master's proposal. 2- Calculate the price per hour that TDM Temps should charge to maximize operating income. Contribution margins for different prices and demand realizations are as follows:

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CourseLover
(12)
Status NEW Posted 16 Dec 2017 12:12 PM My Price 10.00

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