The management of musselman corporation would like to set the selling price on a new product using the absorption costing approach to cost-plus pricing. the company's accounting department has supplied the following estimates for the new product: per unit per year direct materials $ 27 direct labor $ 16 variable manufacturing overhead $ 8 fixed annual manufacturing overhead $ 216,000 variable selling and administrative expenses $ 3 fixed annual selling and administrative expenses $ 72,000 management plans to produce and sell 9,000 units of the new product annually. the new product would require an investment of $1,305,000 and has a required return on investment of 10%. the markup percentage on absorption cost is closest to:

Standardization is associated with which of the following management orientations? a) ethnocentric orientation b) polycentric orientation c) regiocentric orientation d) geocentric orientation

Which two of the following are benefits of consumer programs

While cell phones with holographic keyboards are currently in the introduction stage of the industry life cycle, tablet computers are in the growth stage. in the context of this scenario, which of the following statements is true? a. the industry for cell phones with holographic keyboards will face greater competition than the tablet industry. b. while the industry for cell phones with holographic keyboards will focus more on product innovation, the tablet industry will focus more on process innovation. c. while the industry for cell phones with holographic keyboards can reap the benefits of economies of scale, the tablet industry will experience no such benefits. d. the industry for cell phones with holographic keyboards will face price competition, whereas, in the tablet industry, the mode of competition will be non-price.