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
Nana76 [90]
3 years ago
15

The following costs relate to Tower Company: Variable manufacturing cost, $30; variable selling and administrative cost, $8; app

lied fixed manufacturing overhead, $15; and allocated fixed selling and administrative cost, $4. If Tower uses absorption manufacturing-cost pricing formulas, the company's markup percentage would be computed on the basis of: None of the answers is correct. $38. $45. $57. $30.
Business
1 answer:
olganol [36]3 years ago
4 0

Answer:

the company's markup percentage would be computed on the basis of: $45

Explanation:

Absorption Costing Treats Both the <em>Variable</em> and <em>Fixed</em> Manufacturing Costs as Product Costs.Non- Manufacturing Cost are treated as Period Costs or Expenses in period in which they are incurred.

Absorption manufacturing-cost pricing formulas establishes the <em>selling prices</em> of items by adding a <em>mark-up </em>on top of the absorption cost.

<u>Absorption Cost Calculation for Product Costing is as follows</u> :

Variable manufacturing cost     $30

Fixed manufacturing overhead $15

Total Cost                                   $45

You might be interested in
Tips for Successful LinkedIn Prospecting?
Dmitriy789 [7]

Answer:

Sales prospecting is one of the most essential elements of the whole sales process.

Some tips are;

  • Make LinkedIn Your Second Home
  • Show’em What you Got For Them
  • Tweak and Polish Your Profile
  • Connect With Strategy
  • Be more personal

7 0
2 years ago
Ray's Satellite Emporium wishes to determine the best order size for its best-selling satellite dish (model TS111). Ray has esti
sleet_krkn [62]

Answer:

economic order quantity =  19 units

Explanation:

given data

Annual Demand = 850 units

Cost of carrying = $65 per unit

Ordering Cost = $14

solution

we get here economic order quantity that is  

economic order quantity = \sqrt{\frac{2 * Annual Demand *Ordering Cost}{&#10;Cost of carrying}}    .....................1

put here value we get

economic order quantity = \sqrt{\frac{2*850*14}{65}}

economic order quantity = 19.13514

economic order quantity =  19 units

5 0
3 years ago
xavier and shawn are co-owners of a party-planning business. they split all of the profits 50-50 and are able to make decisions
Dominik [7]

xavier and shawn are co-owners of a party-planning business. they split all of the profits 50-50 and are able to make decisions that are binding on both parties. General partnership

<h3>What is partnership?</h3>

A formal agreement between two or more parties to run a business, share earnings, and manage it is known as a partnership.

Partnership agreements can take many different forms. Particularly in a partnership business, all partners equally share obligations and rewards, although in other businesses, partners may have limited accountability. The so-called "silent partner" is another option, in which one party does not participate in the day-to-day management of the company.

A partnership is a contract between two or more people to manage a business's operations and split the company's assets and liabilities.

All partners in a general partnership are equally responsible for the business's assets and liabilities.

To learn more about partnership from the given link:

brainly.com/question/25623677

#SPJ4

7 0
1 year ago
The bank statement contained two bank memoranda:1. A credit of $2,242.00 for the collection for Bogalusa Company of an electroni
serious [3.7K]

Answer:

Cash                         2,157 debit

bank service expense 85 debit

   account receivables 2,242 credit

Explanation:

To record the bank memorand:

The collection in behalf of the firm will increase cash

The new print the checks will be considered either miscellaneuos expense or bank service expense either way, will decrease cash.

Net cash variation: 2,242 - 85 = 2,157

For the Company errors another entry will be made looking for errors between our numebrs and the bank.

5 0
3 years ago
Failure of a VITA/TCE volunteer to comply with the Volunteer Standards of Conduct could result in which of the following?a.The v
N76 [4]

Answer:

D: All of the above

Explanation:

D. All of the above may be considered an appropriate action depending on the type of violation and the sponsoring partner’s corrective actions.

Failure to comply with these standards could result in, but is not limited to, the following:

• Your removal from all VITA/TCE Programs;

• Inclusion in the IRS Volunteer Registry to bar future VITA/TCE activity indefinitely;

• Deactivation of your sponsoring partner’s site VITA/TCE EFIN (electronic filing ID number);

• Removal of all IRS products, supplies, loaned equipment, and taxpayer information from your  site;

• Termination of your sponsoring organization’s partnership with the IRS;

• Termination of grant funds from the IRS to your sponsoring partner; and

• Referral of your conduct for potential TIGTA and criminal investigations

7 0
3 years ago
Other questions:
  • A business has the following items:
    14·1 answer
  • ________ refers to the mistake of paying more attention to the specific products a company offers than to the benefits and exper
    6·1 answer
  • Which is the best option for someone who wants to improve his or her credit and pay less interest on the debt? $15 a month becau
    5·2 answers
  • 4. Which profession helps to make certain the workplace is safe? What do people in this profession do?
    12·2 answers
  • Ivan is attending a union meeting in which the union president is discussing the company's plan to decrease wages in exchange fo
    11·1 answer
  • Identify which of the following statements is true. A. A corporation that accrues compensation payable to an employee must pay t
    6·1 answer
  • In process cost accounting, the costs of direct materials and direct labor are charged directly to a.service departments b.proce
    9·1 answer
  • A firm has issued $5 par value preferred stock that pays a $0.80 annual dividend. The stock currently sells for $9.50. In calcul
    6·1 answer
  • Tara Westmont, the stockholder of Tiptoe Shoes, Inc., had annual revenues of $185,000, expenses of $103,700, The company paid $1
    5·1 answer
  • Make a list of profession and identify their levels​
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!