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
kobusy [5.1K]
3 years ago
9

Premium Company makes cardboard boxes. During the most recent accounting period Premium paid $60,000 for raw materials, $48,000

for labor, and $52,000 for overhead costs that were incurred to make boxes. Premium Company started and completed 400,000 boxes. Premium desires to earn a gross margin that is equal to 40% of product cost. Based on this information the selling price per box is: a. $0.40 b. $0.56 c. $0.50 d. $0.70
Business
1 answer:
just olya [345]3 years ago
7 0

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Raw material= $60,000

Direct labor= $48,000

Overhead= $52,000

Premium Company started and completed 400,000 boxes.

First, we need to calculate the total manufacturing cost and unitary cost:

Total cost= Direct material + direct labor + overhead

Total cost= 60,000 + 48,000 + 52,000= 160,000

Unitary cost= 160,000/400,000= $0.4 per box

Now, we can calculate the selling price:

Selling price= Unitary cost*mark up= 0.4*1.40= $0.56

You might be interested in
I NEED HELP ASAP!!!!
Gelneren [198K]

Answer:

Do that thing with the rope where each kid holds on to a section and that way they are separated and not pushing. you could even make it fun like pretend they are a snake and serpentine.

6 0
2 years ago
Suppose that a new technology, nuclear fusion, makes it much cheaper to generate power. Would this development cause a shift in
Marrrta [24]

Answer:

Both curves shifts rightwards.

Explanation:

When there is an improvement in the technological process then this will to increase the production level of the goods. Technological advancement increases the potential of an economy which in turn increases the supply of goods at the same price level. Improvement in the technological process increases the economy's productivity.

This will shift the short run aggregate supply curve and long run aggregate supply curve rightwards.

3 0
2 years ago
Yan Yan Corp. has a $10,000 par value bond outstanding with a coupon rate of 4.8 percent paid semiannually and 22 years to matur
Shalnov [3]

Answer:

$10,856

Explanation:

Price of the bond is the present value of all cash flows of the bond. These cash flows include the coupon payment and the maturity payment of the bond.

According to given data

Face value of the bond is $10,000

Coupon payment = C = $10,000 x 4.8% = $480 annually = $240 semiannually

Number of periods = n = 22 years x 2 = 44 period

YTM =  4.2% annually = 2.1% semiannually

Price of the bond is calculated by following formula:

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Price of the Bond = $240 x [ ( 1 - ( 1 + 2.1% )^-44 ) / 2.1% ] + [ $10,000 / ( 1 + 2.1% )^44 ]

Price of the Bond = $6,848.64 + $4007.4 = $10,856.04

4 0
2 years ago
Which of the following best explains what a career in public planning is like?
sweet [91]

Answer: C I believe

6 0
2 years ago
Brandon has presented the possible requirements for the next sprint. The development team has asked questions and has clarificat
Nezavi [6.7K]

Based on the information given the formal event in which this is dome is :Product backlog refinement.

<h3>What is product backlog refinement?</h3>

Product backlog refinement can be defined as the process in which the development team tend to understand a product as well as how the product should be prioritize.

Product backlog refinement is important as it help to increase efficiency when planning for the next sprint and it as well help the development team to have full understanding of what the outcome of the product will be.

Inconclusion  the formal event in which this is dome is :Product backlog refinement.

Learn more about Product backlog refinement here:brainly.com/question/4841869

3 0
2 years ago
Other questions:
  • Polly tried for a half an hour to get online. Her tablet could detect a signal, which means that her wireless card was turned on
    5·2 answers
  • The following information pertains to Wald Corp.'s operations for the current year: Worldwide taxable income $300,000 U.S. sourc
    5·1 answer
  • Prepare the journal entry, if any, required to record each of the initial business activities on September 1. (If no entry is re
    6·1 answer
  • Determining what will occur in the market for oranges when there is an early freeze. a. Determining what will occur to inflation
    8·1 answer
  • The Woods Co. and the Speith Co. have both announced IPOs at $63 per share. One of these is undervalued by $11, and the other is
    6·1 answer
  • A manager striving to improve organizational ___________ is accomplishing tasks that help achieve organizational objectives. a.
    15·1 answer
  • ack purchased 200 shares of Apple stock earlier this month at the price of $210 per share. Apple stock is trading at $218 today
    5·1 answer
  • discuss how the central bank uses the open market operations as a sutible measure of credit control. Explain with respect to bot
    5·1 answer
  • On January 1, 2021, Green Co. recorded a right-of-use asset of $139,900 in an operating lease. The lease calls for ten annual pa
    15·1 answer
  • An accounts receivable ledger:
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!