Biology Forums - Study Force

Other Fields Homework Help Marketing Topic started by: jerico on Mar 14, 2015



Title: Quick Connect manufactures high-tech cell phones. Quick Connect has a policy of adding a 20% markup
Post by: jerico on Mar 14, 2015
Quick Connect manufactures high-tech cell phones. Quick Connect has a policy of adding a 20% markup to full costs and currently has excess capacity. The following information pertains to the company's normal operations per month:
   
   Output units   1,250   phones
   Machine-hours   750   hours
   Direct manufacturing labor-hours   700   hours
               
   Direct materials per unit   $20    
   Direct manufacturing labor per hour   $8    
   Variable manufacturing overhead costs   $175,000.00    
   Fixed manufacturing overhead costs   $126,300    
   Product and process design costs   $143,000    
   Marketing and distribution costs   $153,645

Quick Connect Products is approached by an overseas customer to fulfill a one-time-only special order for 120 units. All cost relationships remain the same except for a one-time setup charge of $1,500. No additional design, marketing, or distribution costs will be incurred. What is the minimum acceptable bid per unit on this one-time-only special order?
A) $24.48
B) $160.48
C) $176.98
D) $200.00


Title: Re: Quick Connect manufactures high-tech cell phones. Quick Connect has a policy of adding a 20% mar
Post by: cyborg on Mar 14, 2015
Content hidden


Title: Re: Quick Connect manufactures high-tech cell phones. Quick Connect has a policy of adding a 20% markup
Post by: jerico on Mar 23, 2015
I can confidently say that it looks and sounds right lol Thank you :) Give this man a thumbs up.


Title: Re: Quick Connect manufactures high-tech cell phones. Quick Connect has a policy of adding a 20% markup
Post by: cyborg on Mar 23, 2015
I'm happy to help you, how luck with the others, I noticed you've posted a lot of questions.


Title: Re: Quick Connect manufactures high-tech cell phones. Quick Connect has a policy of adding a 20% ...
Post by: Shantanu Roy on Apr 4, 2020
great