Solution) At Lisa Electronics store a common computer model has the following cost breakdown: Parts and mater
Question: At Lisa Electronics store a common computer model has the following cost breakdown:
Parts and materials $900
Labor = 3 hrs x $50/hr 150
Overhead 200Profit margin 200
Total (price to customer) $1450
A local customer has requested a bid for 20 identical computers. You figure that there is a 90% learning rate possible on the labor. If all other costs stay the same per unit and you want to maintain the same profit amount in dollars, what is the price per unit you would bid?
Price: $2.99
Solution: The solution consists of 2 pages
Solution Format: Word Document
Solution Format: Word Document
