PRICING DECISIONS PARTI Air France Corporation has predicted the following costs for next month for 45,000...
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PRICING DECISIONS PARTI Air France Corporation has predicted the following costs for next month for 45,000 fights Variable Fixed Manufacturing Selling and Administrative 1,600,000 2,000,000 Total $ 3,600,000 5 REQUIRED: 700,000 1,000,000 1,700,000 a What is the markup on variable costs needed to achieve a target profit of $550,000? (if answering in % show up to 2 decimal places, if answering without decimals, show up to 4 decimal places... 1.2345 123.45%) b. What is the initial unit selling price (price per flight) needed to obtain a target profit of $550,000 using the variable cost markup method? (Show up to 2 decimal places) c. What is the manufacturing cost markup needed to obtain a target profit of $550,000? (If answering in % show up to 2 decimal places, if answering without decimals, show up to 4 decimal places: eg. 1.2345 123.45% d. What is the initial unit selling price (price per flight) needed to obtain a target profit of $550,000 using the manufacturing cost markup method? (Show up to 2 decimal places). PRICING DECISIONS PARTI Air France Corporation has predicted the following costs for next month for 45,000 fights Variable Fixed Manufacturing Selling and Administrative 1,600,000 2,000,000 Total $ 3,600,000 5 REQUIRED: 700,000 1,000,000 1,700,000 a What is the markup on variable costs needed to achieve a target profit of $550,000? (if answering in % show up to 2 decimal places, if answering without decimals, show up to 4 decimal places... 1.2345 123.45%) b. What is the initial unit selling price (price per flight) needed to obtain a target profit of $550,000 using the variable cost markup method? (Show up to 2 decimal places) c. What is the manufacturing cost markup needed to obtain a target profit of $550,000? (If answering in % show up to 2 decimal places, if answering without decimals, show up to 4 decimal places: eg. 1.2345 123.45% d. What is the initial unit selling price (price per flight) needed to obtain a target profit of $550,000 using the manufacturing cost markup method? (Show up to 2 decimal places).
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