Wholey Corporation has designed a new product,I00,whose variable cost is $139.70 per unit and that requires 7.90 minutes of the constrained resource.The opportunity cost is $51.00 per minute used of the constrained resource.
Required:
What advice would you give to the company concerning the price that should be charged for the new product I00?

Question

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The Answer of Wholey Corporation has designed a new product,I00,whose variable cost is $139.70 per unit and that requires 7.90 minutes of the constrained resource.The opportunity cost is $51.00 per minute used of the constrained resource.
Required:
What advice would you give to the company concerning the price that should be charged for the new product I00?

Wholey Corporation Has Designed a New Product,I00,whose Variable Cost Is