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zhuklara [117]
3 years ago
5

Sales volume plays a large role in determining per unit costs in the cost-plus pricing approach.

Business
1 answer:
gulaghasi [49]3 years ago
5 0
That statement is true.
In the cost-plus pricing approach,  you add up all the cost needed for the product (material, direct labor, and overhead) and then calculate it with mark-up percentage in order to determine the price that you should set for your product.
Since cost per unit is determined by total products/total cost, sales volume played <span>a large role in determining per unit costs</span>
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Refer to the information for Alfombra Inc. below.
Ann [662]

Answer:

<u>cost to be accounted for:</u>

beginning cost: 180,000

added cost        756,000

total cost         <em>   936,000</em>

<u>cost accounted for:</u>

ending WIP 30,000 x 5.2           =  156,000

trasnsferred-out: 150,000 x 5.2 =  780,000

total cost accounted for           <em>      936,000</em>

Explanation:

150,000 completed

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weighted average equivalent unit:

complete + percetage of completion ending WIP

150,000 + 50,000 x 60% = 180,000

Cost per unit:

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3 years ago
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Nastasia [14]

Answer:

Vehicle registration

Explanation:

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3 0
3 years ago
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VashaNatasha [74]

Answer:

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4 0
3 years ago
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OverLord2011 [107]

Answer:

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Explanation:

Open mindedness policy means giving fair and equal opportunity to all and sundry without being bias. When considering open mindedness policy, information is shared to everyone without considering race, religion background or educational qualifications.

Open mindedness accepts people from diverse background and tends to listen first before judging. It also consider opinions from all side without segregation. Although this is the right thing expected but the result is usually not the case.

Unlike close mindednes which restrict information thereby limiting opportunities, open mindedness helps one to learn, unlearn, relearn and grow. It also comes with being honest-thats who you are.

Thus when policy is enacted on open mindedness, it has potentials to equalize the society.

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8 0
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