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
Bad White [126]
2 years ago
11

Andrew Company has predicted the following costs for this year for 50,000 units:

Business
1 answer:
krok68 [10]2 years ago
5 0

Answer:

Explanation:

textAndrew Company has predicted the following costs for this year for 50,000 units:ManufacturingSelling and AdministrativeVariable$200,000$ 50,000Fixed300,000150,000Total$500,000$200,000What is the initial selling price needed to obtain a target profit of $25,000 using the variable costmarkup method?Select one:A. $14.70B. $ 5.00C. $ 8.00D. $ 4.50FeedbackRationale

:($300,000 + $150,000 + $35,000) / ($200,000 + $50,000) = 194%

markupVariable cost per unit = ($200,000 + $50,000) / 50,000 = $5.00 × 1.94 = $9.70 markup

Cost plus markup = $5.00 + $9.70 = $14.70

OR(VC $250,000 + FC $450,000 + Profit$35,000) / 50,000 = $14.70The correct answer is: $14.70

You might be interested in
At the beginning of 2021, Terra Lumber Company purchased a timber tract from Boise Cantor for $2,950,000. After the timber is cl
Contact [7]

Answer:

depletion of the timber tract = $228,000 and

depreciation of the logging roads = $22,800

Explanation:

Timber tract

Depletion rate = (Cost - Residual Value) ÷ Estimated units

                        = ($2,950,000 - $670,000) ÷ 5,700,000

                        = $0.40

Depletion expense = Units used x Depletion rate

                                = 570,000 x $0.40

                                = $228,000

Logging Roads

Depreciation rate  = (Cost - Residual Value) ÷ Estimated units

                               = ($228,000 - $0) ÷ 5,700,000

                               = $0.04

Depreciation expense = Units used x Depreciation rate

                                     = 570,000 x $0.04

                                     = $22,800

5 0
2 years ago
Jurgenson Company issued bonds with a $100,000 face value on January 1, 2019. The five-year term bonds were issued at 98 and had
vekshin1

Answer:

Option A. $7000

Explanation:

The reason is that in the statement of cash flow, the interest expense for the year paid is an cash ouflow and must be deducted from the operating activities as it the companies borrow to finance its operations to perform better. Hence it is related to operating activities, so it must be deducted from the operating activities.

The interest paid at the end of the year is $7000 ($100,000 * 7%).

4 0
3 years ago
Hi welcome to D.A.B.S aka Da Amazing Bunker Sim
olga nikolaevna [1]
Hi hehehe fjejsjanjaanak
8 0
3 years ago
Read 2 more answers
Actividad
Vera_Pavlovna [14]

Answer:

<u>Productos</u>:

-Leche entera

-Manzana

-Cuadernos y lápices

-Chocolate

-Caramelos

-Gaseosas

<u>Servicios</u>:

-Electricidad

-Dentista

-Gym

-Peluquería

-Veterinaria

-Restaurant

-Remis

-Supermercado

Explanation:

Un bien es un producto tangible que es comercializado en el mercado, generalmente consumible o utilizable, y que es utilizado o consumido en forma directa por quien lo adquiere.

Un servicio, en cambio, es una prestación efectuada por un trabajador en favor de terceros, quienes son los que pagan por el servicio. Así, las prestaciones médicas o de transporte son considerados servicios.

6 0
3 years ago
Select the items that are jobs of the Federal Reserve. YOU CAN PICK MORE THAN ONE!
leonid [27]

Answer:

manage risk in the financial markets

watch banks and protect customers

provide banking services

Influence the money supply

Explanation:

The Fed tries to manage risk in the financial markets. For example, the Federal Reserve would be concerned that the effects of the failure of one financial institution, such as a big bank, might spread to other banks.

The Fed watches over banks and tries to protect banking customers. For example, the Federal Reserve enforces the Truth in Lending Act, which protects people who use credit cards or borrow money to pay an expense, also known as using credit, from deceptive practices.

The Fed offers banking services, such as loans, to other banks, the U.S. government, and other countries.

Maybe most important, the Fed influences the growth of the money supply. The money supply is the amount of money that is flowing through the economy.

7 0
3 years ago
Other questions:
  • Shellshock do wheels affect your traction and speed
    12·2 answers
  • alex has to pay his car insurance twice a year. each payment is $312. how much money should alex budget for his insurance each m
    12·1 answer
  • On February 1, Light Co. received a $20,000, 120 day, 9% note from Dark Co.
    8·1 answer
  • The ____ decision involves comparing the pros and cons of in-house production versus outsourcing of a given product or service.
    12·1 answer
  • A(n) _____ gets learners into the appropriate mental state for learning and allows them to understand the personal and work-rela
    8·1 answer
  • When resources are scarce, power differences across subunits are _________; when resources are plentiful, subunit power differen
    8·1 answer
  • Equivalent Units of Conversion Costs The Rolling Department of Oak Ridge Steel Company had 10,712 tons in beginning work in proc
    10·1 answer
  • ​Martinville, Inc. earned revenues of $ 17,000 and incurred expenses of $ 7,000. The company declared and paid cash dividends of
    15·1 answer
  • When some consumers see the marketing mixes being offered by various firms as being different, but other consumers consider thes
    15·1 answer
  • When reducing project duration, the duration for a project that is optimal is at the point where Select one: a. Direct costs are
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!