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rodikova [14]
2 years ago
9

Mallard Corporation uses the product cost concept of product pricing. Below is the cost information for the production and sale

of 45,000 units of its sole product. Mallard desires a profit equal to a 12% rate of return on invested assets of $800,000. Fixed factory overhead cost $82,000 Fixed selling and administrative costs 45,000 Variable direct materials cost per unit 5.50 Variable direct labor cost per unit 7.65 Variable factory overhead cost per unit 2.25 Variable selling and administrative cost per unit 0.90 The dollar amount of the desired profit from the production and sale of the company's product is
Business
1 answer:
lesya [120]2 years ago
8 0

Answer:

$96,000

Explanation:

The computation of the dollar amount of the desired profit from the production and sale of the company's product is shown below:

= Invested assets × rate of return investment

= $800,000 × 12%

= $96,000

We simply multiply the invested assets by the rate of return investment so that the desired profit could be computed

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Two different manufacturing processes are being considered for making a new product. The first process is less capital-intensive
baherus [9]

Answer:

700 units

Explanation:

FC1 : Fixed Costs from process 1

VC1 : Variable cost per unit from process 1

FC2 : Fixed Costs from process 2

VC2 : Variable cost per unit from process 2

FC1 = $50,000

VC1 = $700 per unit

FC2 = $400,000

VC2 = $200 per unit

To calculate the break-even (quantity) point we must equate the TC1 (Total cost of process 1) to TC2 (Total cost of process 2)

TC1 = TC2

FC1 + VC1(y) = FC2 + VC2(y)      where y is the break-even units

50,000 + 700y = 400,000 + 200y

500y = 350,000

y = 350,000 / 500

y = 700 Units

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3 years ago
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$511,000 bond issue sold for $483,000. Therefore, the bonds: Multiple Choice Sold for the $511,000 face amount less $28,000 of a
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Answer: Sold at a discount because the market interest rate was higher than the stated rate. S

Explanation:

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You're Correct!, Good job (:
4 0
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