{"id":43911,"date":"2022-03-21T14:00:32","date_gmt":"2022-03-21T14:00:32","guid":{"rendered":"https:\/\/assignmenttutors.net\/blog\/diamond-machine-technology-makes-a-tool-for-sharpening-the-blades-of\/"},"modified":"2022-03-21T14:00:32","modified_gmt":"2022-03-21T14:00:32","slug":"diamond-machine-technology-makes-a-tool-for-sharpening-the-blades-of","status":"publish","type":"post","link":"https:\/\/assignmenttutors.net\/blog\/diamond-machine-technology-makes-a-tool-for-sharpening-the-blades-of\/","title":{"rendered":"Diamond machine technology makes a tool for sharpening the blades of"},"content":{"rendered":"<div>\n<p><span><span>Diamond Machine Technology makes a tool for sharpening the blades of pruning sheers and grass clippers. The company has invested $250,000 in developing this sharpener. This tool, which is about the size of a piece of chewing gum, costs $3.00 to make. Fixed costs for the sharpener amount to $10,000. The company expects to sell 100,000 sharpeners this year. Diamond machine&#8217;s markup on sales is 30percent, and it wants to earn a 20 percent ROI. <\/span><\/span><\/p>\n<p>\u00a0<\/p>\n<p><span><span>Calculate its markup price and its target-return price as well as its breakeven volume at both prices. Which price should Diamond Manufacturing use?<\/span><\/span><\/p>\n<p>\u00a0<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Diamond Machine Technology makes a tool for sharpening the blades of pruning sheers and grass clippers. The company has invested $250,000 in developing this sharpener. This tool, which is about the size of a piece of chewing gum, costs $3.00 to make. Fixed costs for the sharpener amount to $10,000. The company expects to sell [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-43911","post","type-post","status-publish","format-standard","hentry","category-education"],"_links":{"self":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/43911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/comments?post=43911"}],"version-history":[{"count":0,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/43911\/revisions"}],"wp:attachment":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/media?parent=43911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/categories?post=43911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/tags?post=43911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}