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Essay's paper info
Topic: Business
Number of pages / Number of words: 4 / 1088
Essay's paper body

The standard cost is originally $2,900.00, which is a difference of $891.00 from the target cost of $2,009.00. In order to meet the selling price and to ensure a 15% profit for the company, the product would have to be produced meeting a target cost of $2,009.00.

3. Can you calculate the "ideal cost" for this product? So what?

Fiber: % Mix Market Price Cost

Hardwood 63% 425 $71...


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Can you calculate the "ideal cost" for this product? So what?

Fiber: % Mix Market Price Cost

Hardwood 63% 425 $71.25

Softwood 15% 475 $267.75

Scrap 22% 60 $13.20

$352.00

Paper Machine:(Yield = 100%)

Fiber ($352/1) $352.00

Other materials & dyes ($550/1) $550.00

Machine conversion ($520/3/1) $173...


Essay fragment

General points of the essay

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