Customary products are being made by a company of unique value as per individual customer specifications. Cost

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Customary products are being made by a company of unique value as per individual customer specifications. Cost for unit 1 of variable costs amounts to 4,000, labor cost 2,000 (20 hrs @50 hour). LC ratio will be ninety percent. It was decided by the company that only one labor will work for an order. Price per product to be quoted if contribution targeted is 3,000 per unit.

Posted Date: May 13, 2024 05:48 AM

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Customary products are being made by a company of unique value as per individual customer specifications. Cost

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The price per product can be calculated using the formula for contribution margi... View the full answer

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