Dream Enterprise wants to know how much it costs to make (1) unit of their product and how much it priced to sell it. They manufactured 300 units in a single day. They produced 6000 units in a month. The material cost each day is ₱9000, with a fixed cost of ₱20,000 and a variable cost of ₱15,000 every month. They also want a markup based on cost. What should their product's total cost and selling price per unit be?
Dream Enterprise wants to know how much it costs to make (1) unit of their product and how much it priced to sell it. They manufactured 300 units in a single day. They produced 6000 units in a month. The material cost each day is ₱9000, with a fixed cost of ₱20,000 and a variable cost of ₱15,000 every month. They also want a markup based on cost. What should their product's total cost and selling price per unit be?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Dream Enterprise wants to know how much it costs to make (1) unit of their product and how much it priced to sell it. They manufactured 300 units in a single day. They produced 6000 units in a month. The material cost each day is ₱9000, with a fixed cost of ₱20,000 and a variable cost of ₱15,000 every month. They also want a markup based on cost. What should their product's total cost and selling price per unit be?
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