14. A set of fine china costs $700 to produce. If the producer Allows 40% of...

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14. A set of fine china costs $700 to produce. If the producer Allows 40% of cost for overhead and sells china for $1,180: a. How much is the markup per unit? b. How much is the net profit per unit? $. C. Calculate the breakeven price per unit: d. If the sale price were to be reduced to $880 per unit would the Producer have an absolute loss or an operating loss and how Much per unit? Circle one: absolute loss operating loss loss: $ %24 14. A set of fine china costs $700 to produce. If the producer Allows 40% of cost for overhead and sells china for $1,180: a. How much is the markup per unit? b. How much is the net profit per unit? $. C. Calculate the breakeven price per unit: d. If the sale price were to be reduced to $880 per unit would the Producer have an absolute loss or an operating loss and how Much per unit? Circle one: absolute loss operating loss loss: $ %24

Answer rating: 100% (QA)

a MarkUp Per Unit 280 b Sales 1180 Cost of ... View the full answer