Order the answer to: Sung Sam, Inc. is currently designing

Homework Assistance business-economics Order the answer to: Sung Sam, Inc. is currently designing

business-economics

Order the answer to: Sung Sam, Inc. is currently designing

Question Sung Sam, Inc. is currently designing a new digital camcorder that is projected to have the following per unit costs to manufacture: Materials costs………………………..$112 Labor costs…………………………………85 Overhead costs…………………………213 Total Unit Cost………………………….213 Unit Costs……………………………….$410 Sung Sam adds 30% to its manufacturing cost for corporate profit. Answer the following questions: (a) What unit profit would Sung Sam realize on each camcorder? (b) What is the overall cost to produce a batch of 10,000 camcorders? (c) What would Sung Sam’s profit be on the batch of 10,000 if historical data shows that 1%of product will be scrapped in manufacturing, and 3% of finished product will go unsold, 2% of sold product will be returned for refund? (d) How much can Sung Sam afford to pay for a contract that would lock in a 50% reduction in the unit material cost previously given? IT Sung Sam does sign the contract the sales price will remain the same as before.
Subject business-economics
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