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guajiro [1.7K]
3 years ago
9

Sales and commission are based on selling price, not the costs you have been provided. Labor: 13.8 hours at 18.75 per hour Overh

ead: 92% of labor Material Costs: $65.10 Packing Costs: 10% of materials Sales Commission: 10% of selling price Profit: 22% of selling price
Business
1 answer:
AVprozaik [17]3 years ago
6 0

Answer:

Price per unit is $782.96 or $783.

Explanation:

Let, selling price per unit = X

Total cost = Labor cost + Overhead cost + material cost + packing cost + Commission cost

Total cost = 12.8*18.75 + .92*12.8*18.75 + 65.10 + .10*65.10 + .1*X

Total cost = 532.41 + .1*X

So,

Selling price = X = .22*X + 532.41 + .1*X

.68*X = 532.41

X = 532.41/.68

X = $782.96 or $783

Price per unit is $782.96 or $783.

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Smidt Corporation has provided the following data for its two most recent years of operation: The unit product cost under absorp
alexira [117]

Answer:

The solution to this issue can be defined as follows:  

Explanation:

Please find the complete question in the attachment file.  

Direct Substances 9  

Direct jobs 5  

Overhead output variable 5  

Overhead of fixed production 14 = \frac{140000}{10000}

The Unit cost of the item at absorption cost per year 1 = (9+5+5+14)=33

6 0
3 years ago
Item weight is the:______________. 1. Measure of how much consumers demand a particular item. 2. Percentage of the typical consu
erica [24]

Answer:

2) Percentage of the typical consumer budget spent on the item.

Explanation:

In microeconomics, item weight refers to the money spent on purchasing a specific product with respect of the total money spent in total purchases. Item weight is usually measured as a percent of a specific purchase over the total purchases made by a consumer or household.

4 0
3 years ago
On January 1, Year 1, Grade Company paid $300,000 for 20,000 shares of Medium Company's common stock, which represents a 15% inv
slavikrds [6]

Answer:

B) $300,000.

Explanation:

Since Grade Company cannot exercise any real influence on Medium Company, it cannot value its investment using the equity method and must record its investment at fair market value. This means that the investment account must equal the market value of the 20,000 stocks, which in this case is $300,000. Grade Company should also record dividends received as revenue from investing activities.

8 0
4 years ago
Transactional leaders do not ________.
kykrilka [37]

Option C, Transactional leaders do not focus on worker input regarding assigned goals.

<u>Explanation: </u>

Transactional leadership is an essential component of the Full Range Leadership model and a leadership style focussed on oversight, organization, and performance.

A number of senior military personnel, CEOs of large global companies and NFL trainers are regarded as transactional leaders. Transactional management also works efficiently in police agencies and first responders.  

Transactional leaders use rewards and penalties to get their followers to respect them. Furthermore, transaction leaders don't care in relation to transition management for the welfare of workers they are foreign motivators that give the followers’ minimal adherence.

Examples of few transactional leaders: Vince Lombardi, Bill Gates and Howard Schultz.

6 0
3 years ago
Regina, a 25-year-old professional, wants to start an investment portfolio. What strategy may her financial advisor suggesta
oksian1 [2.3K]

Answer:

A.Start a moderate portfolio and shift to high risk later in life.

Explanation:

Investment portfolio may be defined as the financial investments done by one. It is the collection or ownership of various assets and stocks, bonds, real estates, cash, etc.

In the context, Regina who is 25 year old wishes to start an investment plan. For this her financial advisor may suggest her to start her investment in a moderate portfolio and then later may shift to a high risk portfolio. This is because Regina is young and is new to investment. She is not experience enough to invest in high risk portfolio. When she gains knowledge about investments in her life then she can properly plan her investment in order to achieve maximum profit.

7 0
3 years ago
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