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morpeh [17]
2 years ago
10

Determinant Company is a price − taker and uses a target − pricing approach. Refer to the following information: Production volu

me 600,000 units per year Market price $34 per unit Desired operating income 15% of total assets Total assets $13,900,000 What is the target full product cost in total for the year? Assume all units produced are sold.
Business
1 answer:
Drupady [299]2 years ago
3 0

Answer:

$18,315,000

Explanation:

Total Income :

= 15% of Total assets

= $13,900,000 × 15%

= $2,085,000

Total Sales :

= Market price × Production volume

= $34 × 600,000

= $20,400,000

So, Target full product cost in total for the year :

=  Total Sales - Total Income

= $20,400,000 - $2,085,000

= $18,315,000

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Granfiield Corporation manufactures two​ products, Product A and Product B. The following information was​ available: Product A
Rainbow [258]

Answer:

D. ​10,400 units of A and none of B

Explanation:

product A

contribution margin = $41 - $32

                                 = $9

product B

contribution margin = $29 - $19

                                 = $10

at full capacity:

contribution for product A = 10400*$9

                                            = $93600

contribution for product B = 5900*$10

                                            = $59000

Since the contribution is higher for product A, The company should produce 10400 units of product A and none of B.

4 0
3 years ago
Brand equity is determined by four aspects of a brand which include ________
siniylev [52]

Answer:

Brand name, loyalty, awareness and attributes.

Explanation:

  • The brand equity is a phrase that is used in marketing and refers to the perceived worth of the brand and has social values and a brand name and has four elements as brand awareness, brand attributes and associations, perceived quality, and brand loyalty.
  • The brand equity and the loyalty of the brand helps to increase the brand awareness and brand name is associate to the awareness of the brand.
7 0
3 years ago
Connor was employed by tabor city bank. he left the company voluntarily after he ended a personal relationship with laura, the b
mojhsa [17]

Connor has a cause of action for<u> "defamation".</u>


Defamation law is the region of law that identifies with interchanges about the notoriety of someone else. Defamatory speech is a correspondence that may hurt the reputation of another person. The reason for the zone of law is to shield individuals from having their lives and jobs demolished or fundamentally changed due to false articulations against them. Be that as it may, the law still secures an individual's First Amendment ideal to talk openly without being held at risk for saying something annoying, committing an error or contradicting another person. Defamation law is the region of law that looks to ensure an individual's notoriety by forestalling unjustifiable discourse that may hurt an individual's reputation.  


4 0
3 years ago
A debit:
zloy xaker [14]

Answer:

d.Is the left-hand side of a T-account.

Explanation:

In the T-accounts, the debits are on the left side while the credits are on the right.

A debit does not always increases an account. For example, a liability or an income account are usually credit balances as such, a debit to such account reduces the account balance.

Credits are always on the right side of a T-account.

8 0
3 years ago
Solar Hydro manufactures a revolutionary aeration system that combines coarse and fine bubble aeration components. This year (ye
Ierofanga [76]

Answer:

$7,986

Explanation:

To calculate the equivalent annual cost for 5 year period at an interest rate of 10% per year we need to go through some minor calculations first.

DATA

Cost in first year (A) = $10,000

Decrease in cost each year after the first year (G) = $560

Interest rate = 10%

Time period = 5 years

Solution

EAC = A - G (A/G, i, n)

EAC = $9,000 - $560(A/G, 10%, 5)

EAC = $9,000 - ($560 * 1.8101)

EAC = $9,000 - $1,013.656

EAC = $7,986

4 0
2 years ago
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