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3 years ago

Which type of markup takes your company's total costs into account?

Business

2 answers:

Elina [12.6K]3 years ago

7 0

I just finished this quiz for k-12, and the answer is "Cost- based markup" Hope this helped

Elina [12.6K]3 years ago

4 0

The type of mark up that takes the company total costs into account is COST BASED MARK UP.
In cost based mark up, the producer based the price of a product on its costs of production. The producer calculate the cost of production of the product an add a pre-determined profit margin to it. This ensures that a certain amount of profit is made per unit sold.

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Mayfield Company sells two products, Blue models and Plaid models. Blue models sell for $43 per unit with variable costs of $30

alekssr [168]

Answer:

Break-even point in total units= 951.7units

Explanation:

Break-even point is the level of activity at which a firm must operate such that its total revenue will equal its total costs. At this point, the company makes no profit or loss.

It is calculated using this formula:

Break-even point (in units) = Fixed cost/ average contribution per unit

Blue Plaid

Contribution per unit 43-30 = 13 52-45 = 7

Average contribution per unit

= ( (13× 4) + (7×5) )/9

= $ 9.66 per unit

Break-even point in total units

= $9200/$ 9.66

= 951.7units

Break-even point in total units= 951.7units

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3 years ago

American Food Services, Inc., acquired a packaging machine from Barton and Barton Corporation. Barton and Barton completed const

Simora [160]

Answer:

Following are the solution to this question:

Explanation:

$Answer \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ Installment \ Amount \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ = \frac{4700000}{PVAF(11\%,4)} = 1,514,934$

$Answer \ 1 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ Machinery A/c \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4,700,000\\\\$

$\text{To Lease Payable} A/C \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4,700,000 \\\\ \text{(Being machine purchased on lease)}$

$Answer \ \ 2$ $years \ \ \ \ \ \ \ \ Outstanding \ \ Amount \ \ \ \ \ \ \ \ Installment \ \ \ \ \ \ \ \ Interest (11 \%) \ \ \ \ \ \ \ Closing \ on \ Due \\\\$ $0 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4,700,000 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4,700,000 \\\\1 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4,700,000 \ \ \ \ \ \ \ \ \ \ \ \ 1514934 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 517000 \ \ \ \ \ \ \ \ \ \ \ \ 3702066\\\\$

$2 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 3,702,066 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1514934 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 407227 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 2594359 \\\\3 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 2,589,359 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1514934 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 285380 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1364805\\\\4 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1,364,805 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1514934 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 150129 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 0 \\\\$

$Answer \ \ 3 \ \ \ \ \ \ \ \ \ \ \ \ \ \ Lease Payable \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 997,934$

$expenses \ \ Interest \ \ \ \ \ \ \ \ \ \ \ \ \ \ 517,000\\\\ To\ \ cash \ A/c \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1,514,934 \\\\ \text{(First Installment Paid)}$

$Answer \ 4 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ Lease payable \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1,229,554$

$expenses \ \ Interest \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 285,380\\\\ To cash A/c \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1,514,934\\\\ \text{(Third Installment Paid)}$

6 0

3 years ago

Future value of an annuity: Carlos Menendez is planning to invest $3,500 every year for the next six years in an investment payi

emmainna [20.7K]

7 is the annual rate for 6 years

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3 years ago

Budgeting, analysis of investment proposals, and provision of funds are activities associated with the _______ function.

AleksAgata [21]

Answer:

Budgeting, analysis of investment proposals, and provision of funds are activities associated with the finance function.

Explanation:

The finance function manages a business' finance and helps with the decision-making. This allows businesses to manage in the modern world.

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2 years ago

Fortuna worked 49.5 hours this week at $ 8.18 an hour. What was he gross pay? Remember over time worked over 40 hours is paud at

vova2212 [387]

$327.2 for the first 40
$116.575 for the remaining 9.5 hours paid at 1.5x the pay
$443.765 is your sum, however if you are to round to actual pay, it would be $443.77

6 0

3 years ago