1. Don’t write the question but you must show your work for credit!
The fixed costs for your T-shirt business include the following for May: rent $1500 and utilities $500. If your production costs, including employee benefits and materials are $3000, what is the cost per item if you produce 1000 T-shirts?
The retail price on an item is $ If production costs are 32% of retail, what is the gross profit on each item sold?
At Computer World, someone without a marketing degree can get an entry-level job that pays $20,000 a year. However, a person with a marketing degree qualifies for a job that pays 15% more per year. What is the starting salary of someone with a marketing degree at Computer World?
You are trying to decide how to advertise a new product that your company has developed. You can either air a television commercial for about $40,000 that is likely to be seen by about one million people, or you can advertise in magazines for about $27,000 but will be seen by only 900,000 people. How much less expensive is magazine advertising per contact?
Seventy-five percent of purchases of golf clubs at your company are made by men each year. If 2,450 women purchased the clubs this year, how many sets of clubs were sold to men?