Answer:
$67.2
Explanation:
With regards to the above,
Total unit cost = $15 + $9 + $6 + $8 + $4 + $6 = $48
Target selling price = Total unit cost × (1 + mark up)
Since markup percentage is 40% or 0.40
Therefore,
Target selling price = $48 × (1 + 0.4)
= $48 × 1.4
= $67.2
Therefore the target selling price is $67.2
<span>A country's ability to meet its financial obligations is the main determinant of its "economic risk". Whether a country will be able to repay debts which it takes on, such as in the form of bond issues, is a key driver of the willingness of investors to make capital contributions to a country, and the return that they expect in exchange for assuming that risk.</span>
Answer:
The cost of goods sold for February is $1,525
Explanation:
For computing the cost of goods sold, the following equation should be used which is shown below:
Cost of goods sold = Opening stock of candy bar + Purchase of candy bar - closing stock of candy bar
= 200 + 3,000 - 150
= 3,050 candy bars
Now, the total cost of good sold is equal to
= Cost of good sold × cost per candy bar
= 3,050 × $0.50
= $1,525
The sale price for per candy bar should not be taken because we have to compute the value at cost not at sale price. Thus, it would not be taken in the computation part.
Hence, the cost of goods sold for February is $1,525
Answer:
B)Notes payable.
Explanation:
Notes payable can be regarded as written agreements which is a (promissory notes) whereby there is agreement by one party to pay other party a definite amount of cash. Note payable can as well be regarded as loan between two parties. A note payable usually consist information such as the amount to be paid as well as interest rate. It should be noted that Formal written promises to pay suppliers or lenders specified sums of money at definite future times are known as Notes payable.
Answer:
The Non-deductible amount of $500,000 paid to the representative of a developing country and the qualification for a 9% deduction will influence the decision of Waxwing and they will choose to do business with the US government
Explanation:
The payment of $500,000 to the representative of a developing country in order to Guarantee sales to the country is illegal and will be considered as a bribe. and any money paid as a bribe or a kickback to an employee or representative of a country it is not deductible
secondly If waxwing goes into contract with the US government they will qualify for a 9% deduction under the Domestic production activities deduction
The Non-deductible amount of $500,000 paid to the representative of a developing country and the qualification for a 9% deduction will influence the decision of Waxwing and they will choose to do business with the US government
