Using the Variable Cost Concept Determine the Selling Price for 30,000

question 73

Essay

Using the variable cost concept determine the selling price for 30,000 units using the following data: Variable cost per unit $15.00, total fixed costs $90,000 and desired profit $150,000.

---

Definitions:

Training

The process of enhancing the knowledge, skills, and abilities of employees through educational programs and activities to improve their performance.

Job-related Skills

The specific abilities and knowledge required to perform the duties and tasks of a particular job effectively.

Activities

Actions or tasks undertaken by individuals, often as part of a larger project or program.

Mentoring

is a developmental partnership where a more experienced or knowledgeable person helps to guide a less experienced or knowledgeable person.