Pinkin Inc Using the Total Cost Method What Price Should Pinkin Charge

question 87

Multiple Choice

Pinkin Inc.needs to determine a price for a new phone model.Pinkin desires a 25% markup on the total cost of the phone.Pinkin expects to sell 30,000 phones.Additional information is as follows:
$$\begin{array}{l}\begin{array} { l l r } \text { Variable product cost per unit}&\$75\\\text { Variable administrative cost per unit}&50\\\text { Total fixed overhead}&85,000\\\text { Total fixed administrative}&65,000\end{array}\end{array}$$ Using the total cost method what price should Pinkin charge?

• A)$156.10
• B)$162.50
• C)$130.10
• D)$142.50
• E)$161.25

Understand the impact of market risk premium on stock prices.

Recognize the effects of timing, such as the small-firm effect in specific months.

Grasp the concept of market efficiency and its forms (weak, semistrong, strong).

Identify the methods and limitations of technical analysis.

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