Auger Ambit is a manufacturing company which sets prices based on total costs plus a mark-up.

Auger Ambit is a manufacturing company which sets prices based on total costs plus a mark-up. For the year ending 31 December 2009 the company is forecasting total fixed costs of €788 000. Direct materials costs will be €18.00 per unit and direct labour costs will be €27.56 per unit. The company expects to produce 20 000 units, and normally looks for a profit mark up of 25%. Suggest a suitable cost-based selling price per unit of product for 2009.

Solution:

Looking for help with your homework?
Grab a 30% Discount and Get your paper done!

30% OFF
Turnitin Report
Formatting
Title Page
Citation
Place an Order

Grab A 14% Discount on This Paper
Pages (550 words)
Approximate price: -