Allied Laboratories is combining some of its most commom tests into a bundled, one-price package that contains
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Question:
Allied Laboratories is combining some of its most commom tests into a bundled, one-price package that contains three tests (Test A, Test B, and Test C) with the variable costs as stated below. When the tests are combined, only one syringe, form, and sterile bandage will be used. Furthermore, only one charge for breakage/losses will apply. Two blood vials are required, and reagent costs will remain the same (reagents from all three tests are required).
DATA: | |||
Supplies | Test A | Test B | Test C |
Syringe | $2.50 | $2.50 | $2.50 |
Blood Vial | 1.75 | 1.75 | 1.75 |
Forms | 0.30 | 0.30 | 0.30 |
reagents | 2.25 | 0.95 | 1.60 |
Bandage | 0.20 | 0.20 | 0.20 |
Breakage/loss | 0.15 | 0.15 | 0.15 |
Total cost per test | $7.15 | $5.85 | $6.50 |
Using the above information, complete the following table: | ||||
Supplies | Cost of each for Test X | |||
Syringe | ||||
Blood Vial | ||||
Forms | ||||
reagents | ||||
Bandage | ||||
Breakage/loss | ||||
Total cost per test | ||||
What price is needed to obtain a $6 contribution margin? | ||||
Related Book For
Accounting Information Systems
ISBN: 978-1133935940
10th edition
Authors: Ulric J. Gelinas, Richard B. Dull
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