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AnnZ [28]
3 years ago
10

Bond co. is using the target cost approach on a new product. information gathered so far reveals: expected annual sales 400,000

units desired profit per unit $0.35 target cost $168,000 what is the target selling price per unit? $0.35 $0.42 $0.77 $0.70
Business
1 answer:
iogann1982 [59]3 years ago
7 0

The target selling price per unit is $0.77.

We use the following formula to arrive at the answer.

Revenues = Total Costs + (Desired Profit per unit *Expected Annual sales)

= $168,000 + ($0.35*400,000)

= $168,000 + $140,000

Revenues = $308,000

Selling Price per unit = Revenues / Expected Annual Sales

= $308,000 / 400,000

= $0.77

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Exercise F The luggage department of Sampson Company has revenues of $1,000,000; variable expenses of $250,000; direct fixed cos
Yanka [14]

Answer:

Decrease by $250,000

Explanation:

Calculation for what would be the effect on net income.

We would be using Differential Analysis method to find the effect on the net income

Differential Analysis

Continue with Luggage Department; Eliminate Luggage Department; Effect on Income

Sales

1,000,000 0 -1,000,000

Variable cost

-250,000 0 250,000

Direct fixed costs

-500,000 0 500,000

Indirect fixed costs

-300,000 -300,000 0

Net Income

-$50,000 -$300,000 -$250,000

Therefore in a situation where the luggage department is eliminated, the income would decrease by $250,000

3 0
3 years ago
Your company has recently requested that you travel to Dhaka, Bangladesh, to work on negotiations for a new factory to be locate
lesantik [10]

Answer:

quality when quality cannot be easily judged

Explanation:

Based on the information provided in this scenario it seems that the Sheraton brand-name is likely to be used as a signal of quality when quality cannot be easily judged. Meaning that the company included the Sheraton hotel along with the list of other hotels because they do not know the quality of that specific hotel in that specific location, even though "Sheraton" is known worldwide as a luxury hotel business.

5 0
3 years ago
The income from what reliable source benefits the entire community by funding essential services and public works?
Flura [38]

The income from property taxes benefits the entire community by funding essential services and public works.

Funding refers back to the money required to start and run a commercial enterprise. it is a financial funding in a agency for product improvement, manufacturing, growth, income and marketing, workplace spaces, and inventory.

Funding is the act of imparting assets to finance a want, application, or challenge. at the same time as that is commonly inside the form of money, it may additionally take the shape of an attempt or time from an enterprise or business enterprise. The main resources of funding are retained profits, debt capital, and fairness capital.

Agencies use retained earnings from business operations to expand or distribute dividends to their shareholders. Companies boost finances by means of borrowing debt privately from a bank or by way of going public (issuing debt securities).

Learn more about funding here brainly.com/question/25887038

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5 0
2 years ago
A registered representative solicits a new customer to purchase a "penny stock." Prior to effecting the transaction, which proce
marta [7]

Answer: StatusB B. Have the customer sign a statement that he understands the risks involved prior to executing the order

Explanation:

The options to the question are:

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StatusD D. Send the customer a Subscription Agreement to be signed before filling the order.

The correct answer is StatusB B. Have the customer sign a statement that he understands the risks involved prior to executing the order.

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7 0
4 years ago
In the employment history section of a résumé,
MA_775_DIABLO [31]

Answer:

In the employment history section of a résumé,

how the information should be organized is:

-list the most recent job first

Explanation:

The above list is the preferred method of listing jobs in the employment history section of a resume.  Following this are jobs performed preciously.  The essence is to present the most recent jobs so that a candidate's qualification can be assessed for employment using relevant information and the candidate's recent job experiences.  The job history section should list accomplishments which address the job requirements and not job descriptions.  This makes the resume to become effective as a tool for landing a new job.

5 0
4 years ago
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