Homework answers / question archive / The Falling Snow Company is considering production of a lighted world globe that the company would price at a markup of 0

The Falling Snow Company is considering production of a lighted world globe that the company would price at a markup of 0

Business

Share With

The Falling Snow Company is considering production of a lighted world globe that the company would price at a markup of 0.25 above full cost. Management estimates that the variable cost of the globe will be $60 per unit and fixed costs per year will be $240,000.

Assuming sales of 1,200 units, what is the full selling price of a globe with a 0.25 markup?