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
morpeh [17]
3 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]3 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

You might be interested in
Tom borrows $100,000 from his local bank to purchase inventory for his store for the upcoming holiday season. Tom's neighbor tel
uranmaximum [27]

Answer:pyramid scheme

Explanation:

5 0
3 years ago
A customer got serious food poisoning from Chix Now restaurant on April 30, 20x2, necessitating a trip to the emergency room. On
vodka [1.7K]

Answer:

Yes the company must recognise the effects of this ruling.

Explanation:

As provided the law suit was initiated in the year 20x2, because of the activity happened in April 20x2.

Accordingly, company was already prepared for a liability of $100,000.

Whenever an event that occurs after the balance sheet is a mere confirmation to what was expected on balance sheet date, or is in alignment with things on record on the balance sheet date, it shall be provided in the balance sheet of that year.

In the given case the law suit was pending on the balance sheet date and was recorded as a liability then, now after the declaration by the judge, the additional liability of $20,000 shall be provided in the financial books of year 20x2.

7 0
3 years ago
Your analyst team has received a request for system development that focuses on moving the current system into a new operating e
LenaWriter [7]

The key source of the development requests likely to be generated to  Information system managers. Therefore the correct option is (D).

<h3>What is Information System Management? </h3>

The Information system of Management refers to the management of the data, facts, figures or information of the system in the computer by the organizations.

According to the above scenario, The system development team is focusing on the adopting the operating environment system which is adopted by the Information system managers

Therefore the correct option is (D).

Learn more about Information system managers here:

brainly.com/question/14688347

#SPJ1

8 0
2 years ago
If total liabilities decreased by $27,275 during a period of time and stockholders' equity increased by $34,366 during the same
Lilit [14]

Answer:

d.$7,091 increase

Explanation:

From the accounting equation, assets = liabilities + equity.  If the total liabilities decrease by $27,275, the assets will also decrease by $27,275.  Similarly, when stockholders' equity increased by $34,366, the amount of assets will increase by the same amount.  The net increase in assets will be $7,091, which is the difference between the increase in stockholders' equity and the decrease in liabilities ($34,366 - $27,275).

5 0
3 years ago
Describe the three important trends in the us economy
Dafna11 [192]

Climate Change is the first trend that is expected to cause more natural disasters. This has been facilitated by global warming caused by increased green house gases. Food prices are expected to rise due to high temperatures that has affected corn and soybean. Floods and storms are now becoming unpredictable.

There is high control of oil, gas and food prices by financial markets. Commodities traders are now setting prices instead of supply and demand thus the value of dollar in  under the control of foreign exchange traders.

Increasing rates of interest, where recently the Federal Reserve wants to increase the Fed fund rates to two percent point. Inflation will be at 2% and unemployment at 4% thus this will show <u>a no falling to recession situation</u> which will allow Fed to keep increasing rates.In the long run cost of loans will rise.

Other trends to notice are;the decline in global economic power of the U.S and the fact that the U.S economy is current in the expansion phase of the business cycle.


7 0
3 years ago
Other questions:
  • Which of the following refers to the system of governing an organization so that the interests of corporate owners are protected
    13·1 answer
  • Adventure holidays sells thousands of tour packages each month through its branches. a branch manager's salary would be a(n) ___
    8·1 answer
  • The market value of the equity of Hudgins, Inc., is $645,000. The balance sheet shows $53,000 in cash and $215,000 in debt, whil
    13·2 answers
  • Residents of the town of Smithfield like to consume hams, but each ham requires 10 people to produce it and takes a month. If th
    6·1 answer
  • Government programs in which money is taken from one group is given to another are called
    5·1 answer
  • In a market with positive​ externalities, A. the efficient level of production is less than what competition will obtain. B. the
    12·1 answer
  • The largest royalty for texas university endowment comes from which economic product?
    14·1 answer
  • which one of Porter's generic strategies is achieved by constructing efficient, large-scale facilities
    11·1 answer
  • Labeau Products, Ltd., of Perth, Australia, has $21,000 to invest. The company is trying to decide between two alternative uses
    8·1 answer
  • Trek Company has the following production data for April: units transferred out 41,400, and ending work in process 5,620 units t
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!