1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
guajiro [1.7K]
2 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]2 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.

You might be interested in
According to economists, natural resources, labor, capital, and entrepreneurship are called
Cloud [144]
It is called Factors of production. It is a financial term that depicts the data sources that are utilized as a part of the creation of merchandise or administrations keeping in mind the end goal to make a monetary benefit. The variables of creation incorporate land, work, capital, and business enterprise.
6 0
3 years ago
Coache Corporation is considering a capital budgeting project that would require an investment of $120,000 in equipment with a 4
Kaylis [27]

Answer:

a. $44,000

Explanation:

The computation of the total cash flow net of income taxes in year 3 is shown below:

= Incremental sales - annual incremental cash operating expenses - one-time renovation expense - depreciation expense - income tax expense + depreciation expense

= $310,000 - $230,000 - $30,000 - $30,000 - $6,000 + $30,000

= $44,000

Since depreciation is a non-cash expense so it would be added back to the computation part

The depreciation expense would be

= (Original cost - residual value) ÷ (useful life)

= ($120,000 - $0) ÷ (4 years)

= ($120,000) ÷ (4 years)  

= $30,000

And, the income tax expense would be

= (Incremental sales - annual incremental cash operating expenses - one-time renovation expense - depreciation expense) × tax rate

= ($310,000 - $230,000 - $30,000 - $30,000) × 30%

= $20,000  × 30%

= $6,000

6 0
3 years ago
Explain the importance of benefits on employee retention
victus00 [196]
Employees that enjoy what they do and the atmosphere in which they work are more likely to remain employed with their company. Retention strategies are important because they help create a positive work environment and strengthen an employee's commitment to the organization. By giving employees more perks, more money, and more benefits, you will increase morale.
6 0
3 years ago
Exam hide or show questions question content area revenue and expense account are permanent accounts. true false
klio [65]

Because they are always converted to an income summary throughout the closing process, revenue and expense accounts are known as nominal accounts.

so the statement is false

Revenue Definition:

Revenue in financial accounting refers to an inflow of funds, typically from sales or services provided by commercial activity. It is also known as sales or business turnover. In other terms, revenue refers to the amount of money that a company or organization receives. For instance, certain businesses may receive income from royalties, interest, or copyright fees. While for some businesses, money may come from the services they provide to clients. Donations from groups, corporations, and people are referred to as revenue for non-profit organizations.

Operating Revenue Examples:

  • Sales.
  • Fees or Commission Earned.
  • Service Revenues.

Expenses Definition:

A money outflow is known as an expense or expenditure in financial accounting. As an illustration, a tenant's expenses can include rent. Parents' expenses could include the cost of their children's tuition. Expenses for a business include things like electricity bills, bank fees, sales expenses, phone bills, repairs, and services.

List of expenses in accounts frequently observed when preparing financial statements:

  • Cost of goods sold.
  • Legal fees.
  • Depreciation.

Learn more about Revenue and expense accounts here

brainly.com/question/16749768

#SPJ4

3 0
1 year ago
_____ is a classic management tool that incorporates the idea of scanning elements such as strengths, weaknesses, opportunities,
IRINA_888 [86]

Answer:

The correct answer is E

Explanation:

SWOT analysis stands for Strength, Opportunities, Threats and Weaknesses analysis, is defined or described as the framework which is used for analyzing as well as identifying the factors of the external and the internal, which have an impact on the product, person or product viability.

So, the SWOT is the one which is a classic management tool or technique which incorporates the elements of the scanning.

4 0
3 years ago
Other questions:
  • Your project requires new software. The IT department is going to research options to identify the best solution to work with yo
    6·1 answer
  • Which of the following is not true regarding the use of labor variance information? a.The actual wage rate is almost always diff
    9·1 answer
  • 2. Julia is interested in knowing how many grams of protein she should have in addition to the calories from protein. She often
    7·1 answer
  • You are considering investing money in Treasury bills and wondering what the real​ risk-free rate of interest is.​ Currently, Tr
    8·1 answer
  • The policy of striking a nation that you fear might be contemplating hostile actions is called _______
    13·1 answer
  • Mutual funds allow the common investor without much initial capital to be able to a strategy not easily employable among stocks
    6·1 answer
  • Assume that an economy produces only two goods, pizza and wings, and that it is producing on its production possibilities fronti
    15·1 answer
  • Suppose a coalition of students from Lincoln High School succeeds in persuading the local government to impose a price ceiling o
    12·1 answer
  • Irshad's company requires every employee to participate in two half-day harassment training workshops. what ethical responsibili
    5·1 answer
  • Since it‘s where most young adults spend their time, 50% of retailers spend at least half of their marketing money on.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!