Question: Business Math Please Answer Correctly. LanTech-IT builds computer parts for Bruce Wayne's Computer. The average selling price of each component is $185 per unit. The

Business Math

Please Answer Correctly.

Business Math Please Answer Correctly. LanTech-IT builds computer parts for Bruce Wayne'sComputer. The average selling price of each component is $185 per unit.The average variable cost per unit is $110. LanTech-IT incurs fixed costs

LanTech-IT builds computer parts for Bruce Wayne's Computer. The average selling price of each component is $185 per unit. The average variable cost per unit is $110. LanTech-IT incurs fixed costs of $1,275,000 per year. What is the break-even point in unit sales? Break-even point units Samson had to borrow $4100 from his friend Cecil. Cecil said for Samson to repay him at 5% for the next 8 months. After 8 monts had passed, Samson had not repaid Cecil so they came up with a new agreement. The new agreement was that Samson could refinance the loan plus the accumulated interest for another 4 months at 17% simple interest. How much total interest was Samson charged? Total = $ Unit operating expenses for an item costing $84 are estimated at 50% of cost, and the desired operating profit is 15% of cost. Determine the rate of markup on cost. (Do not round intermediate calculations and round your final answer to 1 decimal place.) Markup on cost %

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!