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Thepotemich [5.8K]
3 years ago
12

Crane Company is contemplating the production and sale of a new widget. Projected sales are $375000 (or 75000 units) and desired

profit is $30000. What is the target cost per unit?
Business
1 answer:
skelet666 [1.2K]3 years ago
5 0

Answer:

$0.1

Explanation:

Data provided

Projected Sales = $37,500

Desired profit = $30,000

Number of units sold = 75,000

The computation of target cost per unit is shown below:-

Targeted total cost = Projected Sales - Desired profit

= $37,500  - $30,000

= $7,500

Target cost per unit = Targeted total cost ÷ Number of units sold

= $7,500 ÷ 75,000

= $0.1

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Answer:

Resource Market

Explanation:

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Resource Market is a market where labor and other factors of production are sold in the circular flow model of income in economic theory.

In Resource Market, households are the sellers and firms are the buyers.

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Which of the following statements is/are true regarding a simulation model? It makes decision-making easier. It explicitly incor
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Answer:

It explicitly incorporates uncertainty in one or more input variables.

Explanation:

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Under this probability of different results in the form of outcomes are evaluated.

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3 years ago
Helena corporation declared a 2-for-1 stock split on 8,000 shares of $6 par value common stock. if the market price of the stock
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3 years ago
Labor data for making one gallon of finished product in Bing Company are as follows. (1) Price—hourly wage rate $16.70, payroll
blondinia [14]

Answer:

a. Standard direct labor rate per hour = Hourly wage rate + Payroll taxes + Fringe benefits

Standard direct labor rate per hour = $16.70 + $0.60 + $1.40

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Standard direct labor hours per gallon = 1.60 hours + 0.30 hours + 0.20 hours

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3 years ago
a firm is evaluating a proposal which has an initial investment of $50,000 and has cash flows of $15,000 per year for five years
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The time period payback period refers to the amount of time it takes to get better the fee of an funding. surely put, it's miles the period of time an investment reaches a breakeven point. human beings and groups in particular invest their money to receives a commission again, which is why the payback length is so vital.

Payback period in capital budgeting refers back to the time required to recoup the budget expended in an funding, or to attain the ruin-even factor. for example, a $a thousand funding made at the start of 12 months 1 which again $500 at the quit of year 1 and year 2 respectively could have a two-year payback duration.

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