Answer:
Target Cost $12
Explanation:
<em />
<em>Target Sales Price 20
</em>
<em>Gross Mark up 20 * 40% (-8)
</em>
Target Cost $12
To calculate the target cost is necessary to rest the gross mark up to the target sales price.
Answer:
job N° 1376 manufacturng overhead 2,560
Explanation:
For this company, the overhead is calculate based on direct labors.
It will be calculated by multiplying the cost driver by the overhead rate:
<em>overhead rate x direct labor hours of job:</em>
14.00 x 160 = 2,560
6,400 will be the allocate overhead for job N° 1376
This will latter be compare with the actual overhead to check for underapplied or overapplied overhead and adjust hte difference.
Answer:
13.82%
Explanation:
Data provided in the question:
Sales = $325,000
Net income = $19,000
Assets = $250,000
Total-debt-to-total-assets ratio = 45.0% = 0.45
Now,
Total asset turnover = Sales ÷ Total assets
= $325,000 ÷ $250,000
= 1.3
Profit margin = Net income ÷ Sales
= $19,000 ÷ $325,000
= 0.05846
Equity multiplier = 1 ÷ [ 1 - Debt to asset ratio]
= 1 ÷ [ 1 - 0.45 ]
= 1.818
thus,
ROE = Profit margin × Total asset turnover × Equity multiplier
= 0.05846 × 1.3 × 1.818
= 0.1382
or
= 0.1382 × 100%
= 13.82%
Answer:
Product distribution franchising
Explanation:
Product distribution franchising is a type of franchising in which a franchiser gives a license to a franchisee to sell goods and services under the brand name of franchiser's and trademark. Product distribution franchising is the fastest way to increase the number of sellers and to promote brand name. Large brand names such as, Starbucks, KFC etc have been using this technique for years.
Answer:
a) unemployment rate = 15
b) unemployment rate = 2.5
Explanation:
unemployed people are those who are willing and available to work and have actively been seeking a job in the past four weeks. This accurately describes the 12 people who are willing, able and looking for work but cannot find jobs. To calculate the unemployment rate in percentage, the following formula is used:
![unemployment\ rate = \frac{number\ of\ unemployed}{labour\ force} \times 100\\](https://tex.z-dn.net/?f=unemployment%5C%20rate%20%3D%20%5Cfrac%7Bnumber%5C%20of%5C%20unemployed%7D%7Blabour%5C%20force%7D%20%5Ctimes%20100%5C%5C)
Where:
a) Number of unemployed = 12
Labour force = 80 (number of people over 16 years of age)
![\therefore unemployment\ rate = \frac{12}{80} \times 100 = 0.15 \times 100 = 15\\](https://tex.z-dn.net/?f=%5Ctherefore%20unemployment%5C%20rate%20%3D%20%5Cfrac%7B12%7D%7B80%7D%20%5Ctimes%20100%20%3D%200.15%20%5Ctimes%20100%20%3D%2015%5C%5C)
b) if 10 of the unemployed people get discouraged and give up looking for work, the number of unemployed becomes 2 persons, (12 - 10 = 2).
![\therefore unemployment\ rate = \frac{2}{80} \times 100 = \frac{200}{80} = 2.5](https://tex.z-dn.net/?f=%5Ctherefore%20unemployment%5C%20rate%20%3D%20%5Cfrac%7B2%7D%7B80%7D%20%5Ctimes%20100%20%3D%20%5Cfrac%7B200%7D%7B80%7D%20%3D%20%202.5)