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Sholpan [36]
3 years ago
12

In order to sell a product at a profit, the product must be priced higher than the total cost to build the unit, plus period exp

enses and overhead.
At the end of last year, Digby had their product Daze aimed at the Americas Budget segment. Use the Globe's Product Analysis to find Daze's production cost (labor + materials) in the Americas region. Exclude possible inventory carrying costs. Assume period expenses and overhead total 50% of their production cost.

Name Daze Units Sold 987 Price $23 Customer Satisfaction 21 Accy 7.2 Speed 7.2 Service Life 14,000 Age 3.3 Region Kit Yes Material Costs $6.79 Labor Costs $4.56 Contrib. Margin 49.27%

What is the minimum price the product could have been sold for in the American region to cover the unit cost, period expenses, and overhead?

a. $17.02
b. $11.35
c. $23.00
d. $5.67
Business
1 answer:
Aloiza [94]3 years ago
6 0

Answer:

$17.02

Explanation:

The computation of the minimum price of the selling price is shown below:

= Material Costs per unit + Labor Costs per unit × (percentage + percentage given)

= $6.79 + $4.56 × (100% + 50%)

= $11.35 × 150%

= $17.02

We simply added the material cost per unit, labor cost per unit and the overhead cost allocation rate.

All other information which is given is not relevant. Hence, ignored it

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The answer to your question is,

Qualification.

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Korvikt [17]

Answer:

False

Explanation:

Interest Bearing Account is an account which generates interest income over a specified period of time. Certificate of Deposit is an example for the interest bearing account. So, simply saying that An interest-bearing account is an account that generates interest income on the available balance in the account is wrong.

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3 years ago
Craft, Inc. normally produces between 120,000 and 150,000 units each year. Producing more than 150,000 units alters the company'
yawa3891 [41]

Answer:

Relevant Range

Explanation:

The production range between 120000 and 150000 is called the "Relevant range".

This production range is called Relevant range because the expected fixed cost will not vary if the production is in the range 120000 to 150000.

Also, the for increase in production more than 150000 will lead to the extra cost or if the production is less than 120000 the company may need to reduce its fixed cost.

6 0
2 years ago
A certain organization trying to decide where to locate their future factory is considering three locations. They are taking int
Llana [10]

Answer:

SITE A

Explanation:

Given :

FACTOR___ WEIGHT _SITE A_ SITE B _SITE C

Labor Cost __ 0.25 _____92 ____82____ 84

Curr Stability _ 0.35 _____75 ___ 85____ 88

Prox Market __ 0.30 ____ 80 ____50 ___ 60

Taxes _______ 0.10 _____69 ___ 88 ___ 91

SITE A:

(0.25 * 92) + (0.35*75) + (0.30*80) + (0.10*69) = 80.15

SITE B :

(0.25 * 82) + (0.35*85) + (0.30*50) + (0.10*88) = 74.05

SITE C :

(0.25 * 84) + (0.35*88) + (0.30*60) + (0.10*91) = 78.90

Using the weighed factor model;

The based site for locating the facility is SITE A as it has the highest weighted value

4 0
2 years ago
Drew is in charge of writing a report for his company that talks about the quality and safety of his company's products, busines
ira [324]

Answer: Compliance review

Explanation: A compliance review can be defined as an audit done with the objective to assess whether the company is following the regulatory guidelines. In such a review the auditor tries to determine if the items that being examined complies with the set standards.

In the given case, Drew is  writing the report to spread the information that they are following all the guidelines related to safety and quality.

Thus, from the above we can conclude that the correct option is C.

7 0
3 years ago
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