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RYT(aka RotYourTeeth) Candy Company sells lollipops.Last year the company sold 10,000,000 lollipops for $1,000,000.The Variable Costs were $350,000 and the Net Profits were $100,000 Administration has...

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RYT(aka RotYourTeeth) Candy Company sells lollipops.Last year the company sold 10,000,000 lollipops for $1,000,000.The Variable Costs were $350,000 and the Net Profits were $100,000

Administration has directed management to double profits in the next year.

Determine the DL and DM budget needed to reach this target.

DM:Cost $1 per pound

Each unit requires 1/50 of a pound

DL: Labor costs are $10 per hour

Each unit requires .0015 labor hours

Target: 11,538,462 lollipops should be sold.

Answered Same Day Dec 20, 2021

Solution

Robert answered on Dec 20 2021
118 Votes
RYT (aka RotYourTeeth) Candy Company sells lollipops. Last year the company sold 10,000,000 lollipops for
$1,000,000.The Variable Costs were $350,000 and the Net Profits were $100,000 Administration has directed
management to double profits in the next year.
Determine the DL and DM budget needed to reach this...
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