Business
Business, 08.03.2021 20:10, helpme6191

Magney, Inc., uses the absorption costing approach to cost-plus pricing described in the text to set prices for its products. Based on budgeted sales of 28,000 units next year, the unit product cost of a particular product is $62.50. The company's selling and administrative expenses for this product are budgeted to be $826,000 in total for the year. The company has invested $540,000 in this product and expects a return on investment of 11%. The selling price for this product based on the absorption costing approach would be closest to: a. $88.21
b. $121.44
c. $90.18
d. $69.93

answer
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 07:20, tynyiaawrightt
Go follow my instagram atx_humberto
Answers: 2
image
Business, 22.06.2019 23:20, QueenNerdy889
You work as the sales manager for a company that sells office supplies to businesses of all sizes. because the profit margins are razor-thin, you need to ensure that you are getting the very best prices on paper, pencils, pens, post-it notes, and other office supplies from the manufacturers. when reviewing the quarterly profit statement, you realize that your costs are higher than they should be, and you trace the higher costs back to an employee who has been lax about getting competitive bids to ensure the lowest prices. when you conduct your research to determine the reason for the higher costs, and take action to bring those costs back down, in which of the key management processes are you taking part?
Answers: 3
image
Business, 22.06.2019 23:30, bellamyciana
Part 1: interview at least three different people you know that fall within three age ranges (25-35), (36-50), and (51-70) year of age. ask each person you interview if they have life insurance (term, whole life etc.) and health insurance. ask what factors influenced their decision to buy or not the insurance coverage? report your findings to this assignment. specify who the people were that you spoke with.\
Answers: 3
image
Business, 23.06.2019 02:10, yaniravivas79
Which of the following most accurately describes how the equilibrium price of a good or service can be determined? a. by moving the supply curve right or left until it matches the demand curve. b. by finding where the supply curve and the demand curve intersect. c. by doing market research to determine the maximum price consumers will pay. d. by taking the opposite of the columns in a supply schedule and a demand schedule.
Answers: 2
Do you know the correct answer?
Magney, Inc., uses the absorption costing approach to cost-plus pricing described in the text to set...

Questions in other subjects:

Konu
Mathematics, 17.02.2021 22:40
Konu
Mathematics, 17.02.2021 22:40
Konu
Mathematics, 17.02.2021 22:40
Konu
Mathematics, 17.02.2021 22:40