Question: at your comp4u store a common computer model has the...
At your Comp4U store, a common computer model has the following cost breakdown:
Parts and materials $1000
Labor = 3.5 hrs x $50/hr 175
Profit margin 300
Total (price to customer) $1475
A local customer has requested a bid for 20 identical computers. You figure that there is a 90% learning rate possible on the labor. If all other costs stay the same per unit and you want to maintain the same profit amount in dollars per unit, what is the price per unit you would bid?