help@plusacademics.org

[SOLVED]Assuming no direct factory overhead costs (i.e., inventory carry costs) and $3 million dollars in combined promotion and sales budget

Assuming no direct factory overhead costs (i.e., inventory carry costs) and $3 million dollars in combined promotion and sales budget, the Daft product manager wishes to achieve a product contribution margin of 35%. Given their product currently is priced at $35.00, what would they need to limit the material and labor costs to?

Select : 1

Submit Answer

  •  $22.75
  •  $24.50
  •  $21.00
  •  $23.00



honeyd


29-03-21 | 15:06:19

=35-[0.35*21154/604]
=22.75

Login to answer this question!