Question

Corey, a dentist, buys and sells specialized toothpaste in her office. She purchases the toothpaste at $2.75 per box, has operating expenses of 26% on cost, and has profits of 70% on cost. Calculate the following.

a. Desired profit per unit

Answer 1

To calculate the desired profit per unit, subtract the operating expenses and the cost from the selling price per unit.

Step-by-step explanation:

a. To calculate the desired profit per unit, we need to subtract the operating expenses and the cost from the selling price per unit. The operating expenses are 26% of the cost, and the profits are 70% of the cost. Therefore, the desired profit per unit can be calculated as follows:

Desired Profit per unit = Selling price per unit - Operating expenses - Cost

Since we have only been given the cost per unit, we cannot calculate the desired profit per unit.