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
Alona [7]
3 years ago
12

Linaweaver Inc. has $2.80 per unit in variable costs and $5.50 per unit in fixed costs and a production volume of 100,000 units

per year. If Linaweaver marks up total cost by 0.50, what sale price in dollars should be charged if 42,000 units are expected to be sold each year
Business
1 answer:
Elanso [62]3 years ago
8 0

Answer:

 =  $8.80

Explanation:

<em>Under the Mark-up pricing system, the price of a product is determined by adding a desired percentage of the the cost (called mark-up) to the full cost of the product.</em>

Selling price = <em>The full cost of the product  + mark -up</em>

<em>The full cost of a product = Variable cost + fixed cost</em>

Remember that fixed cost do not varying within activity range

Selling price = ($2.80 + $ 5.50) + 0.50   = $8.8

Sales price to be charged =$8.8

<em>Total sales value = $8.8× 42,000</em>

<em>                            =  $369,600.  (though this is not part of the requirement)</em>

You might be interested in
A blue ocean strategy differs from a low-cost strategy in that
Tju [1.3M]
The focus of a blue ocean strategy is on lowering the economic value created, whereas a cost-leader focuses on increasing the economic value created.
6 0
2 years ago
Josh ritchey has just been hired as a cost engineer by a large airlines company.​ josh's first idea is to quit giving compliment
sertanlavr [38]

Answer: Josh's bonus is $35,289.53.

In the question above, we need to look at the net savings that will occur from selling drinks instead of giving them as complimentary drinks. So we have,

Net Savings per year = $11.04 million

The company's MARR = 15%

Josh's bonus is 0.14% of the present value of three years' net savings.

Since the quantum of savings is constant each year, we can calculate the present value of these savings by using the Present Value of annuity formula.

PVA = P * \left [\frac{1-(1+r)^{-n}}{r} \right ]

PVA = 11.04 * 2.283225117

PVA = Present value of three years' net savings = 25.20680529 million

Josh's bonus : 0.14% of present value of three years' net savings.

Josh's Bonus =  25.20680529 * 0.0014

Josh's Bonus = $0.035289527 million or $35,289.53.

7 0
3 years ago
Payment for subscriptions is billed one month in advance. First month's payments are pro-rated for the amount due up until the 1
statuscvo [17]

Answer: c. The subscription began about 10 days before the 15th of the month.

Explanation:

With the first month's payments being pro-rated for the amount due up until the 15th of the month plus the next month's bill amount payments, the likely possibility is that the customer started their first subscription 10 days before the 15th of the first month.

This would then mean that they were charged the daily rate for each of those 10 days which amounted to $15. The daily rate can be calculated by dividing $45 by 30 days because $45 is the rate for the month according to the question.

= 45/30

= $1.5 a day.  

5 0
4 years ago
Leola just finished high school. She would like to earn a bachelor’s degree so she can get a job in Manufacturing. For which car
ehidna [41]
<span>Leola just finished high school. She would like to earn a bachelor’s degree so she can get a job in Manufacturing. For which careers would Leola most likely need a bachelor’s degree?</span>
Purchasing Agent and Product Safety Engineer
Out of the options above being a purchasing agent and product safety engineer often requires a degree to perform. The other options are commonly training needed but are able to be taught and not just require a Bachelor Degree. 
8 0
3 years ago
Numerous customers of a bridal store lost their ordered and prepaid wedding gowns when the store locked its doors and declared b
Kaylis [27]

<u>Answer:</u> Consolidation

<u>Explanation:</u>

Courts have the authority to consolidate the cases which have common concern. Consolidated case also does not mean the court will not hear each appeal separately. As the facts of the case are similar that they have not received their prepaid wedding gowns due to the bankruptcy of the bridal store single hearing is placed by the court.

The consolidated cases at first remain the same way but the arguments of the attorneys may diverge the case while appealing. The disappointed brides should receive their compensation at once from the failed store here.,

6 0
3 years ago
Other questions:
  • A main difference between the tablet and the smartphone is the
    10·1 answer
  • Why must we always boil our drinking water during and after a cyclone has passed ​
    15·1 answer
  • At the end of its first year of operations on December 31, 2020, Carla Vista Company's accounts show the following.
    11·1 answer
  • 2) The costs of direct materials are classified as: B) C) D) A) Choice A B) Choice B C) Choice C D) Choice D Conversion cost Yes
    14·1 answer
  • In the United States, sole proprietorships and partnerships outnumber corporations.a. Trueb. False
    7·1 answer
  • Crane Company is evaluating its Piquette division, an investment center. The division has a $66000 controllable margin and $4800
    8·1 answer
  • Suppose a bank has $200 million in checking account deposits with no excess reserves and the required reserve ratio is 15%. If t
    7·1 answer
  • Which of the following is a complex process of encoding and decoding information, ideas, and feelings?
    13·1 answer
  • Kevin wants to buy a bond that will mature to 5500 in seven years. How much should he pay for the bond now if it earns interest
    5·1 answer
  • East Valve Distributors distributes industrial valves and control devices. The Eastern control device has an annual demand of 9,
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!