HELP If overnight delivery makes you think of FedEx, what marketing strategy caused that association in your mind?

Smart Stream Inc. uses the total cost method of applying the cost-plus approach to product pricing. The costs of producing and s

Amiraneli [1.4K]

Answer:

(a). Total variable Cost = $2,890,000

Total variable Cost Per Unit = $289

(b). Variable Cost Markup Percentage = 12.46%

(c). Selling Price Per Unit = $325

Explanation:

According to the scenario, computation of the given data are as follow:-

a). Total Fixed Cost = Selling and Administrative Expenses + Factory Overhead

= $140,000 + $350,000 = $490,000

Fixed Cost Per Unit = Total Fixed Cost ÷ Cost of Produced and Selling Units

= $490,000 ÷ 10,000 = $49

Total variable Cost Per Unit = Fixed Cost Per Unit + Variable Cost Per Unit

= $49 + $240 = $289

Total variable Cost = Cost of Produced and Selling Units × Total Cost Per Unit

= 10,000 × $289 = $2,890,000

b). Desired Profit = Invested Assets × 30%

= $1,200,000 × 30÷100 = $360,000

Variable Cost Markup Percentage = Desired Profit ÷ Total Cost

=$360,000 ÷ $2,890,000 = 0.1246 = 12.46%

c). Selling Price Per Unit = (1 + Variable Cost Markup Percentage) × Total Cost Per Unit

= (1 + 12.46%) × $289

= 1.1246 × $289

= $325

7 0

2 years ago

Departmental overhead rates may not correctly assign overhead costs due to:

Vika [28.1K]

Answer:C.overreliance on volume as a basis for allocating overhead costs where products differ regarding the number of units produced, lot size, or complexity ofproduction.

6 0

3 years ago

quizlet calaf’s drillers erects and places into service an off-shore oil platform on january 1, 2021, at a cost of $10,000,000.

Nostrana [21]

quizlet calaf’s drillers erects and places into service an off-shore oil platform on january 1, 2021, at a cost of $10,000,000. calaf is legally required to dismantle and remove the platform at the end of its useful life in 10 years. calaf estimates it will cost $1,000,000 to dismantle and remove the platform at the end of its useful life in 10 years. (the fair value at january 1, 2021, of the dismantle and removal costs is $450,000.) prepare the entry to record the asset retirement obligation.

Oil Platform 450,000

Asset Retirement Obligation 450,000

What is asset retirement obligation?

An asset retirement obligation is a contractual requirement for the retirement of a tangible long-lived asset, the timing of which may depend on the occurrence of a future event outside the control of the entity bearing the obligation.

Therefore,

Oil Platform 450,000

Asset Retirement Obligation 450,000

To learn more about asset retirement obligation from the given link:

brainly.com/question/14298631

4 0

1 year ago

Before an evaluation of the project team can be effective and useful, a minimum core of conditions needs to be in place before t

matrenka [14]

Answer:

Option A Individuals have the skill set necessary to successfully complete the project

Explanation:

The evaluation method doesn't matters, the rewards doen't matters, the acknowledgment of responsibilities also don't matters if the team members are not capable to achieve the set objective. This is the most important part of the team formation and after that the resources availability is very important. So the right answer is Option A.

3 0

2 years ago

Which of the following is not a supervised learning technique in predictive analytics?

anygoal [31]

Answer:

Factor analysis

Explanation:

The factor analysis refers to the analysis in which the data of many variables is to be segregated into a few variables which become easily understandable and manageable

But in the given case it asked for the term that is not a supervised learning technique so as per the given options the linear regression, decision tree, neural networks are included

So the correct option is Factor analysis

3 0

3 years ago