Login

A company believes it can sell 5,800,000 of its proposed new optical mouse at a...

60.1K

Verified Solution

Question

Accounting

A company believes it can sell 5,800,000 of its proposed new optical mouse at a price of $10.50 each. There will be $8,000,000 in fixed costs associated with the mouse. If the company desires to make a profit $2,000,000 on the mouse, what is the target variable cost per mouse?

Your Answer:

Please show workings_________

Answer & Explanation Solved by verified expert

answer-section

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member

Other questions asked by students

Q

Sketch the graph of the given function. (x^2+x-2) / x^2 Give a) x intercept b) y intercept c) Vertical...

Basic Math

Q

For questions 13-14, use the information provided below from the experiment Identification of an Unknown. The...

Chemistry

Q

A companyâ€™s Balance Sheet (in millions) AssetsÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Liabilities & Equity CurrentÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â $Â Â 80Â Â Â Â Â Â Â Â Â Â Â Â Â Â Net FixedÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â $120Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Bonds ($1000 Par)Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 130 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Preferred stocks ($100 Par)Â Â 40 TotalÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â $200Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Common Stock ($1 par)Â Â Â Â Â Â Â Â Â 30 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â TotalÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â $200 The company's bonds have 10...

Finance

Q

2 When would health care professionals measure time and temperature Provide an example of each...

Biology

Q

Apply Ana is bowling She pays 4 per game and 7 to rent shoes After...

Basic Math

Q

Complete parts a through h for the data below 1 0 1 2 D 2...

Statistics

Q

Which graph represents the solution to this system of inequalities 3x 5y 15 y x...

Algebra

Q

6 Conned...

Accounting

Q

The following data are provided for Crane Corp's past two fiscal years: Additional information: On...

Accounting

Q

a a SkyChefs, Incorporated, prepares in-flight meals for a number of major airlines. One of...

Accounting

Q

The following cost and inventory data are taken from the accounting records of Mason Company...

Accounting

Q

Uneven Cash Flow Stream Find the present values of the following cash flow streams. The...

Finance

1 Answer

$0.99

~~$1.99~~

(Save $1 )

One time Pay

No Ads
Answer to 1 Question
Get free Zin AI - 50 Thousand Words per Month

Best

Unlimited

$4.99*

~~$9.99~~

(Save $5 )

Billed Monthly

No Ads
Answers to Unlimited Questions
Get free Zin AI - 3 Million Words per Month

*First month only

Free

$0

Get this answer for free!
Sign up now to unlock the answer instantly

You can see the logs in the Dashboard.

Sign In

Don't have an account? Sign Up