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