If one wants to determine the selling price of a product using the total cost method, the management should use Total product costs plus a markup.
<h3>What is total cost method?</h3>
When using the total cost method, the company takes into account the full cost of producing the good in question. This includes total product cost only.
A markup is then added to the total cost to find a suitable selling price that allows for a projected level of profit.
Find out more on the total cost method at brainly.com/question/6480601.
Answer:
Predetermined manufacturing overhead rate= $76.27 per machine hour
Explanation:
Giving the following information:
Thomlin Company forecasts that total overhead for the current year will be $11,898,000 with 156,000 total machine hours.
<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 11,898,000 / 156,000
Predetermined manufacturing overhead rate= $76.27 per machine hour
Answer:
d. 42.90 hours
Explanation:
y = aQᵇ
y = average time to produce one more unit
a = the time it took to produce the first unit
Q = cumulative production
b = learning rate = [(log learning rate in %) / log 2] = -0.152003093
learning rate in % = 10.8 / 12 = 0.9 = 90%
cumulative quantity average hours per unit total hours
1 12 12
2 10.8 22.8
3 10.38 33.18
4 12 x 4⁻⁰°¹⁵²⁰⁰³⁰⁹³ = 9.72 42.90
Answer:
The answer is:
A. market capitalization = $313.73billion
B. Market-to-book ration = 3.21
C. Book debt-equity ratio = 2.03
D. Market debt-equity ratio = 0.63
E. Enterprise value = $410.23billion
Explanation:
Please find the detailed calculation from the attached file.
