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shepuryov [24]
3 years ago
10

"Morales Corporation produces microwave ovens. The following per unit cost information is available: direct materials $34, direc

t labor $27, variable manufacturing overhead $15, fixed manufacturing overhead $43, variable selling and administrative expenses $20, and fixed selling and administrative expenses $28. Its desired ROI per unit is $31. Compute the markup percentage using absorption-cost pricing. (Round answer to 2 decimal places, e.g. 10.50%.)"
Business
1 answer:
Vitek1552 [10]3 years ago
3 0

Answer:

Mark- up = 26.05%

Explanation:

<em>Absorption costing is method of costing where overheads are charged to units produced using volume-based bases. e.g machine hours, labour hours e.t.c. Units are valued using full cost per unit  </em>

Full cost per unit= Direct material cost + direct labor cost + variable manufacturing overhead + fixed manufacturing overhead

Note that the selling and administrative expenses are period cost which are not to be considered as production cost, hence they are excluded.

Full cost per unit= 34 + 27 +15 +43 = 119  

ROI per unit/profit per unit = 31

Mark- up under absorption costing is profit expressed as a percentage of of the full cost.

Mark- up = 31/119 × 100 = 26.05%

Mark- up = 26.05%

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Commercial banks and thrift institutions
pshichka [43]

Answer:

d) have become increasingly similar in recent years.

Explanation:

Commercial banks -

They are the type of financial institution , which offer account service , accept deposits , offer loan services .

These bank ear their income via providing loan and earning from the interests .

Similarly are the Thrift institution ,

They are also the type of financial institutions , and have the majority of the funds from the public savings .

And in the recent times , both Commercial banks  and Thrift institutions are becoming almost the same .

3 0
3 years ago
Do you agree with the idea of NBA teams requiring fans to place deposits for season tickets for the following year? What about t
Masteriza [31]

Answer:

I don’t really agree because they aren’t going to the basketball game in real person. And how they are charging higher prices are very unfair. But since there aren’t a lot of people paying to watch the game virtually, maybe higher prices would be pretty reasonable. But again the prices shouldn’t have gone up because viewers aren’t getting the real-person experience of the game.

8 0
3 years ago
What is the effective annual rate of 11 percent compounded semi-annually?
jeka94
Im pretty sure it is 11.30 percent. 
5 0
3 years ago
In considering the BP Oil Spill, what circumstances would ethically justify a government or private company in restricting infor
Zanzabum

Answer with its Explanation:

<u>Part A.</u>

There must be a clear information sharing policy of an organization like BP Oil Spill to restrict the inappropriate operations and reduce the negligence of the organizations so that they might not effect the future and present generation. Its evident that in technologically advanced era, the flow of information is just one internet search away. So the restricting of information is mostly impossible and that the restricting of information like Oil Spill can be far much dangerous for both land and marine life. So here, clear policy of defining the type of information to be conveyed to general public would be very useful. It is also one of the best practice that sustainability stresses upon which says that the operations that undermine or compromises the needs of the future generations must be abandoned.

There must also be a recovery policy for the ecosystem that we had damaged and thanks to social entrepreneurs who are doing this job much better than most of the multinational organizations.

There are also situations where the restricting the information is allowed and includes the following situations that permits the restriction of information:

  • If the information is not accurate then it is advice that the organization must wait until the situation is crystal clear to be interpreted and disclosed to the general public.
  • If the provision of information can lead to security threats then it must be kept confidential till the time the security threat has been eliminated.
  • If the flow of information leads to the increase in the chaos and stress among the people then it must be retained during a disaster.
  • If the information results in increase in protests and affects the normal life of general public then it must be restricted for general public.
  • If an information promotes war among the nations then it must be restricted.
  • If the information that is for small time interval and has potential harmful outcomes due to disclosure of information then it must be retained by the organization.

The above mention points make it clear that the information can only be disclosed if the sensitivity of the matter is lost with time. The disclosure is compulsory because now it is the ethical requirement of the company to disclose the information. The disclosure of information must include the reasons that explains the issue and its root causes. Furthermore, it must also address the reason behind the retention of information and how it was in the best interest of the nation.

<u>Part B.</u>

In the time environmental disaster, every single person on earth has a moral duty to help each other to assist in recovery of the damage from the environmental damage. Likewise the organizations are playing their part during current pandemic to help the world recover from the losses they had born due to virus affecting the operations of all the companies and human beings.

Following are the situations in which the organizations must play their role in the time of environmental disaster:

  • If the environmental disaster is of potential magnitude that the ethical values imposes the duty to act then the company must play its role.
  • The company has to act if the country has limited resources to take action and can not control the situation without the assistance of the companies.
  • If the disaster has endanger the Biotic environment then the companies must do more.
  • If the impact on the environment is continuously growing with time and if the companies are not taking right actions then it is possible that in the near future the harm to the society will be large and symptoms will become prominent as well.
  • If the environment disaster is large enough that it will spoil the reputation of the industry and as result results in harm to numerous stakeholders of the industry or if the whole of the industry would be blamed for negligence.
7 0
3 years ago
Ig=Ig=80 S=−80 + 0.4Y (Advanced analysis) The equations refer to a private closed economy, where Ig is gross investment, S is sa
aleksley [76]

Answer:

Equilibrium Income = 400

Explanation:

Economy is at equilibrium where :

AD (i.e = C + I) = AS (i.e = C + S)          

C + I = C + S

I = S

Given I = 80 , S = -80 + 0.4Y

Putting in formula,

80 = -80 + 0.4Y

80 + 80 = 0.4Y

160 = 0.4Y

Y = 160/0.4

Y = 400

5 0
3 years ago
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