Tane Temps, a large labo actor, supplies contract year, Maine supply 88,000 costs are $10 per hour, and its fixed costs are $176,000. Roger Mason, the general manager, has proposed a cost-plus approach for pricing labour at full cost plus 10%. Required Required 1. Calculate the price per hour that Maine Temps should charge based on Mason's proposal. 2. The marketing manager supplies the following information on demand levels at different prices: Price per Hour Demand (Hours) $ 13 129,000 15 106,000 17 88,000 18 75,000 20 66,000 Maine Temps can meet any of these demand levels. Fixed costs will remain unchanged for all the demand levels. On the basis of this additional information, calculate the price per hour that Maine Temps should charge to maximize X contract labour. Its variable osal. calculate the price. (Complete all answer boxes. Round the price per hour to two
Tane Temps, a large labo actor, supplies contract year, Maine supply 88,000 costs are $10 per hour, and its fixed costs are $176,000. Roger Mason, the general manager, has proposed a cost-plus approach for pricing labour at full cost plus 10%. Required Required 1. Calculate the price per hour that Maine Temps should charge based on Mason's proposal. 2. The marketing manager supplies the following information on demand levels at different prices: Price per Hour Demand (Hours) $ 13 129,000 15 106,000 17 88,000 18 75,000 20 66,000 Maine Temps can meet any of these demand levels. Fixed costs will remain unchanged for all the demand levels. On the basis of this additional information, calculate the price per hour that Maine Temps should charge to maximize X contract labour. Its variable osal. calculate the price. (Complete all answer boxes. Round the price per hour to two
Chapter10: Short-term Decision Making
Section: Chapter Questions
Problem 7PB: Remarkable Enterprises requires four units of part A for every unit of Al that it produces....
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