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QveST [7]
3 years ago
13

AST Electrical provides the following cost information related to its production of electronic circuit boards. Per Unit Variable

manufacturing cost $40 Fixed manufacturing cost $30 Variable selling and administrative expenses $ 8 Fixed selling and administrative expenses $12 Desired ROI per unit $15 What is its markup percentage assuming that AST Electrical uses absorption- cost pricing? 16.67%. 54.28%. 50%. 118.75%.
Business
1 answer:
nydimaria [60]3 years ago
8 0

Answer:

50%

Explanation:

The computation of markup percentage is shown below:-

Unit Product Cost as per absorption Costing = Variable Manufacturing cost + Fixed manufacturing cost

= $40 + $30

= $70

Mark up needed to achieve Desired ROI per unit = Variable selling and administrative expenses +  Fixed selling and administrative expenses + Desired ROI per unit

= $8 + $12 + $15

= $35

Mark up percentage = Mark up needed ÷ Unit Product Cost as per absorption Costing

= $35 ÷ $70

= 50%

So, for computing the markup percentage we simply applied the above formula.

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a mortgage.

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The law of diminishing marginal returns holds for a situation in which Group of answer choices all inputs are variable. all inpu
Natasha_Volkova [10]

The law of diminishing marginal returns holds for a situation in which some inputs are variable and some inputs are fixed.

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3 0
2 years ago
You deposit​ $5,000 per year at the end of each of the next 25 years into an account that pays​ 8% compounded annually. How much
Volgvan

Answer:

The correct answer is A. $18,276

Explanation:

First you have to calculate how much you'd end up having at the end of the 25 years period in your savings account.

You calculate the total amount saved for each year, using the formula:

S_{n} = S_{n-1} *(1+r)+D

Where

S_{n} is the total amount in the savings account for this period.

S_{n-1} is the total amount in the savings account from the previous period.

ris the interest rate.

Dare the annual deposits being made into the savings account.

Therefore for the first year you'd do:

S_{1} = S_{0} *(1+r)+D

S_{1} = 0*(1+0.08)+5000=5000

For the second year:

S_{2} = S_{1} *(1+r)+D

S_{2} = 5000*(1+0.08)+5000=10400

And so on. You can help yourself calculate the value of this series using programs like Excel.

I have attached an Excel file that has a table with the savings values for each of the 25 years.

So, the 25th year you’ll have $365,529.70 in your savings account. Now you simply divide this number by 20 (that will be the number of years you’ll be withdrawing the same dollar amount from your savings account):

Withdrawals = 365,529.70/20=18,276.485

In conclusion, you’d be able to withdraw $18,276.485 each year for the following 20 years after the 25th deposit, if all withdrawals are the same dollar amount.

Download xlsx
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3 years ago
A government's comprehensive annual financial report (CAFR) is divided into three main sections. The statements, schedules, tabl
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Step wise detailed solution is given in the attached diagram

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