![diylover020253](/avatars/48946.jpg)
diylover020253
08.11.2019 •
Business
Columbus inc. sells a high end hair dryer in a super competitive marketplace. as a result, market research and competitive pressures influence the determination of their selling price. their marketing department has done a comprehensive analysis and it looks like a price of $53 would be appropriate given the present business environment. the company has a goal of earning $26 on each unit. what is the target unit cost of each hair dryer? enter your answers without dollar signs or commas.
Solved
Show answers
More tips
- A Animals and plants Unraveling the Mystery of Loch Ness: What Does the Loch Ness Monster Look Like?...
- L Leisure and Entertainment Should You Buy a Ceramic Knife?...
- C Computers and Internet How to easily and quickly disable Firebug in Gmail and Google Docs...
- G Goods and services How to sew a ribbon: Tips for beginners...
- F Food and Cooking How to Make Mayonnaise at Home? Secrets of Homemade Mayonnaise...
- C Computers and Internet Which Phone is Best for Internet Surfing?...
- F Food and Cooking Everything You Need to Know About Pasta...
- C Computers and Internet How to Choose a Monitor?...
- H Horoscopes, Magic, Divination Where Did Tarot Cards Come From?...
Answers on questions: Business
- M Mathematics Why is one half of the box wider than the other half of the box...
- E English What did the miller do to please the passing women?...
- M Mathematics (i forgot what the commutative property of addition was. answer fast. ) which shows the commutative property of addition? a. 15 + ( 43 + 9 ) = ( 15 + 43 ) + 9b. 15 + 18 = 30...
Ответ:
The hair dryer cost cannot exceed 27 dollars per unit
Explanation:
the target cost will the one which achieve the target profit at the selling price of the market.
In this case we are given that selling price is $53 and we want to achieve a 26 dollar gain per unit therefore:
revenue - cost = profit
revneue - profit = cost
53 -26 = cost
cost = 27
Ответ: