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Administration costs and profit 2011-04-05
From brian:
Hi , If I have direct job costs of $100. and my administration is 20 % and I want to make a 15 % profit , how would I calculate the administration and profit and what would be the total of each be and also the final total?

Thanks,
Brian

Answered by Penny Nom.
I need to make $1000 profit 2011-03-28
From Kat:
I need to make $1000 profit selling plants for $3 each. My direct cost is $2 per plant and my overhead is $5oo. How many pots (plants = 1 per pot) do I need to make $1000?
Answered by Penny Nom.
A T-shirt fundraiser 2009-01-11
From Andre:
Lou's class is selling T-shirts for a fundraiser. The supplier charges 750$ for the initial design and the set-up plus 5$ for each imprinted shirt. The students sell the shirts for 15$ each.
a)How many T-shirts do the students need to sell to break even?
b)How much profit will the students make if they sell 150 shirts?

Answered by Harley Weston.
The cost before tax and shipping 2008-02-06
From jonathan:
Please explain how to solve this problem. I know you have to work backwards. If i have $125 to spend, how do I know the most I can spend before adding 6% tax and 9% shipping.(shipping is cost before tax) I can only figure this out by trial and error. I know there is a better way
Answered by Penny Nom.
Profit 2006-02-25
From Vernessa:
ABC company wants to sell enough products to earn a profit of $40,000, if unit sales are $10 and variable costs $8 , fixed cost $80,000 how many units must be sold to earn a profit of $40,000.
Answered by Penny Nom.
Room and board fees 2003-11-29
From Jennifer:
A certain university wishes to determine room and board fees for the next academic year. For the current year, the fee is $3600 per student and 1800 students are living in the residence halls. Past data suggests that for every $300 increase in the semester fee, 200 fewer students will choose to live in the dorms. There are also costs to the university associated with the residence halls. The fixed costs total $2,000,000 per semester. the variable costs are currently $1000 per student but will fall $100 per student for each decrease of 100 students. Your task is to help the university determine the optimal fee. Assume linear relationships between the number of students and the fee and between the number of students and the cost per student
Answered by Penny Nom.
Which is the better buy? 2002-12-04
From Lynda:
my question is the big can held 18 ouces and cost $2.52.The small can held only 12 ounces and cost $1.08. Find both unit prices. which can was better buy?
Answered by Penny Nom.
 
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