Dot has received a special order for 2,000 units of its product at a special price. The product normally sells for $200 and has the following manufacturing costs: Per unitDirect materials $60Direct labor  40Variable manufacturing overhead  30Fixed manufacturing overhead  50Unit cost $180  Assume that Dot has sufficient capacity to fill the order without harming normal production and sales. What minimum price should Dot charge to achieve a $50,000 incremental profit?

A. $180
B. $225
C. $155
D. $168


Answer: C

Business

You might also like to view...

Which of the following describes an insurance contract that guarantees payment to an employer looking for protection in the event of unforeseen financial loss through the dishonest actions of an employee?

a. Business insurance b. Workmen's compensation c. Group insurance d. Fidelity bonding

Business

Consider the following objective function and constraint: C(x) = 2x12 - 15x + 3x23 - 9x2 + 30, such that x1 = 3x2. Which of the following is the correct Lagrangian function?

A) L = 2x12 - 15x + 3x23 - 9x2 + 30 - ? (3x2 - x1) B) L = 2x12 - 15x + 3x23 - 9x2 + 30 - ? (x2 - 3x1) C) L = 2x12 - 15x + 3x23 - 9x2 + 30 - ? (3x1 - x2) D) L = 2x12 - 15x + 3x23 - 9x2 + 30 - ? (3x2 - 3x1)

Business

Broadcasting over the Internet is referred to as:

A. Blogcasting B. Webcasting C. Internetcasting D. Stalkcasting

Business

Garman observes a worker assembling peanut valves and records the data displayed in the table. What is the select time for this job element?

Time (seconds) Observations 20 15 25 12 30 12 A) 15 seconds B) 20 seconds C) 25 seconds D) 30 seconds

Business