Maurice Tutor

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About Maurice Tutor

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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: 399 Weeks Ago, 1 Day Ago
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 20 Feb 2018 My Price 4.00

Thevice-president

An executive from a large merchandising firm has called your vice-president forproduction to get a price quote for an additional 100 units of a given product. Thevice-president has asked you to prepare a cost estimate. The number of hours requiredto produce a unit is 5. The average labor rate is $12 per hour. The materialscost $14 per unit. Overhead for an additional 100 units is estimated at 50% of thedirect labor cost. If the company wants to have a 30% profit margin, what shouldbe the unit price to quote?

Answers

Maurice Tutor
(5)
Status NEW Posted 20 Feb 2018 06:02 PM My Price 4.00

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