Answer:
variable markup % = 60%
Explanation:
total units sold 22,000
total costs associated with selling the 22,000 units:
variable production costs $18 x 22,000 = $396,000
variable S&A costs $13 x 22,000 = $286,000
fixed overhead = $20,500
fixed S&A = $36,700
total costs = $739,200
total cost per unit = $33.60
selling price = $33.60 + $16 = $49.60
markup percentage = [(sales price - unit cost) / unit cost] x 100
the total markup % = [49.60 - 33.60) / 33.60] x 100 = 47.62%
but since we are going to calculate the markup percentage solely based on variable costs, then:
variable cost per unit = $31
selling price = $49.60
the variable markup % = [49.60 - 31) / 31] x 100 = 60%
Answer:
Gross Domestic Product or GDP in some countries.
Answer:
The answer is e. None of the options.
Explanation:
(1/0.14) × $750 million= $5357 million
Answer:
B. generally not affected by diversification, because investors can easily diversify their own portfolios
Explanation:
The reason is that the business itself is diversified and the result is that the company is earning an average return on its business operations. If the investor is managing the portfolio then it means the investor is making its portfolio a risk diversified which include the shares companies that had diversified its operations in the market. So portfolio return doesn't affect the return on an individual company shares because portfolio return is the aggregate return of different number of shares in different companies.
Answer and Explanation:
The computation of the missing amount of the three different situations is shown below:
As we know that
Total manufacturing costs = Direct materials + Direct labor + Factory overhead
Now
<u>Direct materials Direct labor Factory overhead Total manufacturing </u>
<u> costs
</u>
$42,300 $64,000 $52,300 $158,600
$75,200 $77,800 $144,000 $297,000
$58,300 $140,700 $115,000 $314,000
