A Pet Food Company Needs to Calculate How Much to Charge

question 34

Short Answer

A pet food company needs to calculate how much to charge for a bag of rabbit food that costs $10 to produce.The fixed costs involved in production are $15,000.They want to start making a profit after they have sold 4,000 bags of rabbit food.What is the least amount they can charge to make this goal?

Acquire knowledge on dry heat treatment and its therapeutic effect.

Understand different types of body movements and their terminology.

Identify and describe various heat and cold therapies used in medical treatment.

Recognize different forms of physical therapy and their applications in patient recovery.

---

Definitions:

Financial Statement

A formal record of the financial activities and position of a business, person, or other entity, typically including the balance sheet, income statement, and cash flow statement.

Favorable Trend

A pattern or movement in financial or operational data that suggests positive performance or outcomes for a business.

Book Value

The net value of a company's assets found on its balance sheet, and is calculated by subtracting liabilities from the total assets.

Machinery

Equipment, especially those powered by fuel or electricity, used in the industrial production or manufacturing process.