Business, 10.06.2021 16:10, sidney2602
Technology Inc. predicted 2017 variable and fixed costs are as follows:
Variable costs Fixed costs
Manufacturing 480,000 315900
Selling and Administrative 216,000 60500
Total 696,000 376,400
Technology Inc. produces a wide variety of computer interface devices. Per unit
manufacturing cost information about one of these products, a high-capacity flash drive is as follows:
Direct material $10
Direct labor 9
Variable Manufacturing Overhead 7
Fixed Manufacturing Overhead 9
Total manufacturing costs $35
The following is the variable selling and administrative costs for the flash drive: $6
Management has set a 2017 target profit on the flash drive of: $250,000
Required:
1. Determine the markup percentage on variable costs required to earn the desired profit
2. Use the variable cost markup to determine a suggested selling price for a flash drive. You are determining selling price per unit)
3. For the flash drive, break the markup on variable costs into separate parts for fixed costs and profit.
4. Explain what the minimum unit selling price a company would use in special order decision, if the company had excess capacity. 5. In the long run, what would be the lowest unit selling price the company would sell for? Explain your answer.
Answers: 3
Other questions on the subject: Business
Business, 21.06.2019 14:00, OceanClaws
Jagjit company designs and builds retaining walls for individual customers. on august 1, there were two jobs in process: job 93 with a beginning balance of $8,650, and job 94 with a beginning balance of $7,270. jagjit applies overhead at the rate of $9 per direct labor hour. direct labor wages average $16 per hour. data on august costs for all jobs are as follows:
Answers: 3
Business, 22.06.2019 11:40, berlyntyler
Select the correct answer brian wants to add a chart to his dtp project. what is the best way he can do this? a draw the chart using the dtp program draw option b create the chart in a spreadsheet then import it c. use the dtp chart wizard to create the chart within the dtp d. create an image of the chart in an image editor then import the image e use html code to create a chart within the dtp program
Answers: 3
Business, 22.06.2019 11:50, 2kdragginppl
Stocks a, b, and c are similar in some respects: each has an expected return of 10% and a standard deviation of 25%. stocks a and b have returns that are independent of one another; i. e., their correlation coefficient, r, equals zero. stocks a and c have returns that are negatively correlated with one another; i. e., r is less than 0. portfolio ab is a portfolio with half of its money invested in stock a and half in stock b. portfolio ac is a portfolio with half of its money invested in stock a and half invested in stock c. which of the following statements is correct? a. portfolio ab has a standard deviation that is greater than 25%.b. portfolio ac has an expected return that is less than 10%.c. portfolio ac has a standard deviation that is less than 25%.d. portfolio ab has a standard deviation that is equal to 25%.e. portfolio ac has an expected return that is greater than 25%.
Answers: 3
Business, 22.06.2019 15:40, aroman4511
Rachel died in 2014 and her executor is finalizing her estate tax return. the executor has determined that rachel’s adjusted gross estate is $10,120,000 and that her estate is entitled to a charitable deduction in the amount of $500,000. using 2014 rates, calculate the estate tax liability for rachel’s estate.
Answers: 1
Do you know the correct answer?
Technology Inc. predicted 2017 variable and fixed costs are as follows:
Variable costs Fixed costs...
Questions in other subjects:
Mathematics, 28.01.2020 07:31
