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    cookie760's Avatar
    cookie760 Posts: 1, Reputation: 1
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    #1

    Sep 2, 2009, 11:09 AM
    Finding relational selling Price and variable cost
    Hello, This is my first time using this site. I am currently a college student earning my degree in Business Management and seem a little stump on the following question.


    Clyde's Marina has estimated that fixed cost per month are $240,000 and variablr cost per dollar of sales is $0.60. How do I figure the relational selling price and varaible cost with just the information given?
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Sep 2, 2009, 09:57 PM

    I'm not positive what they mean by a "relational selling price and variable cost." Variable costs are 60% of sales price (.60 per $1), but I don't know if that's what they mean, and I don't see what fixed costs have to do with it.
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