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olga_2 [115]
3 years ago
10

Stanley Corporation manufactures an electronic switch for dishwashers. The cost base per unit, excluding selling and administrat

ive expenses, is $60. The per unit cost of selling and administrative expenses is $15. The company’s desired ROI per unit is $6. Calculate its markup percentage on total unit cost.
Business
1 answer:
sammy [17]3 years ago
3 0

Answer:

So markup percentage will be 8 % on total unit cost

Explanation:

We have given that cost base per unit including selling and  administrative expenses is $60

per unit cost of selling and and administrative expenses is $15

The company desired ROI per unit is $6

We have to calculate the markup percentage on total unit cost

Markup percentage on total unit cost is given by '

markup percentage = \frac{desired\ ROI}{cost\ base\ per\ unit+ The \ per\  unit \ cost \ of \ selling \ and \ administrative\  expense}=\frac{6}{60+15}=0.08=8%  

So markup percentage will be 8 % on total unit cost

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Answer:

(D) $ 4,950

Explanation:

The computation is shown below

As We know that

Ending work in process inventory = Opening work in process inventory + total manufacturing cost - cost of goods manufactured

where,  

Total manufacturing cost = Direct materials used + direct labor cost + manufacturing overhead  cost

= $10,000 + $25,800 + $19,200

= $55,000

So, the opening work in process inventory would be

$11,200 = Opening work in process + $55,000 - $48,750

So, the opening work in process is

= $4,950

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3 years ago
Classify the following items as issuance of stock, dividends, revenues, or expenses. Then indicate whether each item increases o
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Answer:

1. Dividends = It will be classified as <u>dividends.</u>

2. Rent Revenue = It will be classified as <u>revenues.</u>

3. Advertising Expense = It will be classified as an<u> expense.</u>

4. Stock holders pay cash into business = It will be classified as <u>Issuance of stock.</u>

<u></u>

Dividends are the share of revenue distributed to stockholders.

Revenues are income earned by the company.

Expense are the outflow of cash or bank payments for running the business.

Issuance of stock refers to collection of money by the company through issuing equity or preference shares.

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3 years ago
Gary downs recently has noticed that the plant he is managing is delivering only 30 percent of its products on time. to determin
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This participative style of leadership suggests that Gary is a <u>"democratic" </u>leader.


Democratic leadership, otherwise called participative leadership or shared leadership, is a sort of leadership style in which individuals from the gathering play a more participative job in the basic leadership process. This sort of administration can apply to any association, from private organizations to schools to government.  

Everybody is given the chance to take part, thoughts are traded unreservedly, and talk is energized. While the majority rule process tends to center around gathering equity and the free stream of thoughts, the pioneer of the gathering is still there to offer direction and control. The democratic leader is accused of choosing who is in the gathering and who gets the opportunity to add to the choices that are made.  

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3 years ago
Which of the following will not cause the production possibility frontier to shift? Group of answer choices the introduction of
algol13

Answer:

an increase in the working population

Explanation:

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The PPC is concave to the origin. This means that as more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.  

The PPF can shift either inward or outward.

An outward shift is associated with an increase in output while an inward shift is associated with a reduction in output.

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2. changes in available resources. a land reclamation program would increase the land available for production and this would increase output. While an explosion destroying a chemical plant would reduce output and lead to an inward shift of the PPF

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What did the lawyer say to the other lawyer?<br> all answers welcome.
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<span>We are both Lawyers.</span>
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