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Essay's paper info
Topic: |
Business
|
Number of pages / Number of words: |
4 / 1088 |
Essay's paper body
The standard cost is originally $2,900.00, which is a difference of $891.00 from the target cost of $2,009.00. In order to meet the selling price and to ensure a 15% profit for the company, the product would have to be produced meeting a target cost of $2,009.00.
3. Can you calculate the "ideal cost" for this product? So what?
Fiber: % Mix Market Price Cost
Hardwood 63% 425 $71...
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Can you calculate the "ideal cost" for this product? So what?
Fiber: % Mix Market Price Cost
Hardwood 63% 425 $71.25
Softwood 15% 475 $267.75
Scrap 22% 60 $13.20
$352.00
Paper Machine:(Yield = 100%)
Fiber ($352/1) $352.00
Other materials & dyes ($550/1) $550.00
Machine conversion ($520/3/1) $173...
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