Business, 24.04.2020 16:53, Redeyestudio53
Smart Stream Inc. uses the product cost concept of applying the cost-plus approach to product pricing. The costs of producing and selling 10,000 cellular phones are as follows: Variable costs per unit: Fixed costs: Direct materials $150 Factory overhead $350,000 Direct labor 25 Selling and admin. exp. 140,000 Factory overhead 40 Selling and administrative expenses 25 Total $240 Smart Stream wants a profit equal to a 30% rate of return on invested assets of $1,200,000. a. Determine the amount of desired profit from the production and sale of 10,000 cellular phones. If required, round your answer to nearest dollar. $ b. Determine the product cost and the cost amount per unit for the production of 10,000 cellular phones. If required, round your answer to nearest dollar. $ per unit c. Determine the product cost markup percentage for cellular phones. % d. Determine the selling price of cellular phones. Round to the nearest dollar. Cost $ per unit Markup Selling price $ per unit
Answers: 2
Business, 22.06.2019 15:00, shakaylaousley1997
Portia grant is an employee who is paid monthly. for the month of january of the current year, she earned a total of $8,388. the fica tax for social security is 6.2% of the first $118,500 earned each calendar year and the fica tax rate for medicare is 1.45% of all earnings. the futa tax rate of 0.6% and the suta tax rate of 5.4% are applied to the first $7,000 of an employee's pay. the amount of federal income tax withheld from her earnings was $1,391.77. what is the total amount of taxes withheld from the portia's earnings?
Answers: 2
Business, 22.06.2019 18:10, maddihamidou
Consumers who participate in the sharing economy seem willing to interact with total strangers. despite safety and privacy concerns, what do you think is the long-term outlook for this change in the way we think about interacting with people whom we don't know? how can businesses to diminish worries some people may have about these practices?
Answers: 1
Smart Stream Inc. uses the product cost concept of applying the cost-plus approach to product pricin...
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