Answer:
$21.72
Explanation:
Sales tax is 6%
The cost of the oven is $362
Sales tax for the oven will be 6% of $362
=6/100 x $362
=0.06 x $362
=$21.72
Answer:
Continuous manufacturing
Explanation:
Based on the scenario being described within the question it can be said that Easy Electronics is a Continuous manufacturing organization. This refers to a production process in which products are manufactured through an uninterrupted process of adding materials. Most production lines like this operate 24 hours a day 7 days a week.
Answer:
Total cost per unit is $77
Explanation:
Fixed manufacturing overhead per unit = Total fixed manufacturing overhead ÷ Number of units
= $478,800 ÷ 34,200 = $14 per unit
Fixed selling and administrative expenses per unit = Total Fixed selling and administrative expenses ÷ Number of units
= $171,000 ÷ 34,200 = $5 per unit.
Total cost per unit = Direct material + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead + Variable selling expenses + Fixed selling expenses
Total cost per unit = $15 + $5 + $11 + $14 + $5 + $5 = $55 per unit.
Markup = 40% of total cost = $55 × 40% = $22
Therefore, total selling price per unit = Cost per unit + Markup
= $55 + $22 = $77 per unit.
Explanation:
Normal goods are the whose demand decreases with increase in price whereas in economics inferior goods are those whose demand decreases with increase in people's income.
Normal goods have a positive income elasticity of demand; as incomes rise, more goods are demanded at each price level.Inferior goods have a negative income elasticity of demand; as consumers' income rises, they buy fewer inferior goods.
Answer:
That statement is true
Explanation:
Strategic goal is the type of goal that is carefully designed to accomplish a business strategy, This type of goals need to express the desired outcome that wanted be achieved and listed a specific set of actions that can make the company achieve that outcome. Strategic goal commonly created when a company want a more concrete way to measure its success compared to other competitors.
This can be seen in Jerome's italian pizza.
"Increase profits by 15% a year for each of the next five years" is what considered to be the desired outcome.
lowering costs and prices, providing quicker delivery, and providing good customer service are the Sets of action that the company intended to take.
