Answer:
The desired profit from the sale and production of K is 10% of invested amount=10%*$1285000
=$128500
cost per unit =$18.68
b.total manufacturing cost=$18.68*50000=$934000
cost per unit remains=$18.68
Profit per unit =$2,57
markup %=2.57/18.68=13.76%
Selling price =cost+mark up
=$18.68+$2.57
=$21.25
Explanation:
I have attached an excel file for further understanding on the formulas used above,please check out the file in order to gain better insights into the exercise.
Answer:
company gained a gross profit of $2 million
Explanation:
Data provided in the question;
Contract price to build an office = $32 million
Construction costs incurred during the first year = $9 million
Estimated costs to complete at the end of the year = $21 million
Therefore,
Total cost incurred to complete the construction of the office at the end of the first year
= Construction costs incurred during the first year + Estimated costs to complete at the end of the year
= $9 million + $21 million
= $30 million
Thus,
The revenue generated by the company = Contract price - cost incurred
= $32 million - $30 million
= $2 million
since the revenue is positive, hence the company gained a gross profit of $2 million
Answer:
100,000 building will be the amount subject to depreciation
Explanation:
The land doesn't depreciate.
The land is the real state property, it is not depleted and neither suffers a loss of value through time.
The real state taxes are tax expenses for the period.
The depreciable basis will be the bulding which is affected for the past of time.
Answer:
D: $259,000
Explanation:
The computation of the paying amount which borrower can pay for a property is shown below:
= Mortgage loan amount for borrow ÷ loan-to-value ratio
= $220,000 ÷ 85%
= $258,823.53
= $259,000 round off
We simply divide the mortgage loan by the loan to value ratio so that paying amount could arrive which borrower can pay for a property.
An agent and broker is one type of marketing intermediary that brings together buyers and sellers and assists in negotiating an exchange but does not take title to the goods.
<h3>What are agent and broker?</h3>
Agents and brokers are described as the traders that conduct the trade of goods, or can associate with buying and selling processes. It is important to mention that agents and brokers form an important link in influencing a supplier, trading of products, and movement of goods.
The agents and the brokers do not possess the goods but act as an important intermediary who makes it easy to buy and sell. In other words, the agents and the brokers bring the sellers and the buyers together so that an effective negotiation process can be conducted.
It can be concluded that an agent and broker is one type of marketing intermediary that brings together buyers and sellers and assists in negotiating an exchange but does not take title to the goods.
To know more about, agents and brokers, check this link:
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