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postnew [5]
3 years ago
11

Landau Gears provides the following cost information related to its production of its primary product: Per Unit Variable manufac

turing cost $12 Fixed manufacturing cost 8 Variable selling and administrative expenses 2 Fixed selling and administrative expenses 3 Desired ROI per unit 7 What is the markup percentage assuming that Landau Gears uses absorption costing? a. 60% b. 35% c. 100% d. 28%
Business
1 answer:
galben [10]3 years ago
4 0

Answer:

The Mark Up % for Landau Gears (using absorption costing) = 28%

Explanation:

Landau Gears

Variable Manufacturing cost Per unit = $12

Fixed Manufacturing cost Per unit = $8

Variable Selling & Admin cost Per unit = $2

Variable Selling & Admin cost Per unit = $3

Desired ROI Per unit = $7

Calculate Mark-Up %

ROI = Sales minus Invested Fund (Cost of operations)

where ROI = $7/unit

$7 = Sales minus ($12 + $8 + $2 + $3)

$7 = Sales minus $25

Make Sales the subject of formula

Sales = $25 + $7 = $32

Mark Up = 7/25 x 100% = 28%

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Answer:

Net cash provided by financing activities = $284,280

Explanation:

Net cash provided by financing activities = Additional debt - Repayment of existing debt - stock repurchase

Net cash provided by financing activities = $645,000 - $315,900 - $44,820

Net cash provided by financing activities = $284,280

4 0
2 years ago
Reddit, Digg, and StumbleUpon are examples of popular
Arte-miy333 [17]

Answer:

social bookmarking sites

Explanation:

Reddit, Digg and StumbleUpon are all Web sites dedicated to social bookmarking.

They fetch the contents from other Web sites and encourage their users to share their preferences on what they like and see all over the Internet with their friends.

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They're not video sites either, because they're sharing all kinds of contents.

8 0
2 years ago
I am trying to understand the Opportunity cost. Can anyone help me please? I can't seem to get Economics, I really need help. Yo
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8 0
3 years ago
What is tax payable????????
alukav5142 [94]
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3 0
3 years ago
Read 2 more answers
Petrus Framing's cost formula for its supplies cost is $1,840 per month plus $12 per frame. For the month of March, the company
adoni [48]

Answer:

$84 unfavorable

Explanation:

The computation of the activity variance for supplies cost is shown below:

Supplies cost for the standard one is

= $1,840 + (624 frames × $12 per frame)

= $9,328

And, the supplies cost for the actual one is

= $1,840 + (631 frames × $12)

= $9,412

So the activity variance is

= $9,328 - $9,412

= $84 unfavorable

As the standard cost is less than the actual one

6 0
2 years ago
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