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barxatty [35]
3 years ago
12

Flyer Company sells a product in a competitive marketplace. Market analysis indicates that its product would probably sell at $4

8 per unit. Flyer management desires a 12.5% profit margin on sales. Flyer’s current full cost for the product is $44 per unit. 26. The target cost of the company’s product is_____
(A) $44
(B) $42
(C) $43
(D) $40
Business
1 answer:
Marrrta [24]3 years ago
8 0

Answer:

Option (B) is correct.

Explanation:

Given that,

Selling price per unit = $48

Desired profit margin on sales = 12.5%

Flyer’s current full cost for the product = $44 per unit

Profit = Selling price × profit margin

         = $48 × 12.5%

         = $6

Target cost of unit = Selling price - Profit

                               = $48 - $6

                               = $42

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Alik [6]

Answer: Option D

Explanation:The optimal spacing for corn seed plant seeds 1.5 to 2 inches deep and 4 to 6 inches apart and rows spacing should be 30 to 36 inches apart. From the above case, the rows spacing is reduced by half which will increase the number of corn plant per acre which would lead to overall more profit from more yield.

Therefore the most appropriate answer to the space given above is option D.

5 0
3 years ago
Jamestown Supply is trying to decide whether to lease or buy some new equipment. The equipment costs $72,000, has a 4-year life,
DochEvi [55]

Answer:

$15,708

Explanation:

Calculation to determine What is the amount of the aftertax lease payment

Using this formula

Aftertax lease payment=Leased equipment(1-Tax rate)

Let plug in the formula

Aftertax lease payment = $23,800 (1 - 0.34)

Aftertax lease payment=$23,800(.66)

Aftertax lease payment = $15,708

Therefore the amount of the aftertax lease payment is $15,708

3 0
2 years ago
On February 15, Jewel Company buys 7,300 shares of Marcelo Corp. common stock at $28.56 per share plus a brokerage fee of $400.
andriy [413]

Answer:

A. Debit Cash $8,614; credit Dividend Revenue $8,614.

Explanation:

The journal entry for recording the dividend as on April 15 is shown below:

On April 15

Cash Dr (7,300 shares × $1.18 per share) $8,614

       To Dividend revenue $8,614

(Being the dividend is recorded)

For recording this here we debited the cash as it increased the assets and credited the dividend revenue as the revenue is also increased

Therefore the correct option is A.

4 0
3 years ago
What is a "social cost" of production?
alexgriva [62]
Sum of all costs to individuals in society, regardless of whether the costs are borne by those who produce the products or consume the product
6 0
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Accenture's Security practice makes use of a number of accelerators when building solutions for our clients. What is the purpose
Vilka [71]

Answer:

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Explanation:

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Therefore, the purpose of Accenture's Security practice of using several accelerators when building solutions for their clients is "to deploy and integrate security features in a shorter period of time."

6 0
2 years ago
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