I want to start a business making black plywood cubes that can be used as end tables or plant stands. Each cube is 18 inches long on each edge and coasts $25.50. I had to make a decision for how much to charge for each cube. To find this information I did the following things. Foremost, I had to calculate the fee of nails and glue for one cube. I knew that nails and glue to make 100 …
showed first 75 words of 388 total

showed last 75 words of 388 total
…the item. To do this I doubled the manufacture price and got $25.50 ($12.75*2 =$25.50). I doubled the manufacture price because supposedly it is a good rule of thumb. Concluding, I found out how much I would have to pay for the supplies and worker to make one cube. Then I added all the answers together to get the manufacture price. Then, I doubled the manufacture price. After all my calculations I decided to charge $25.50 for one cube.