Answer:
100%
Explanation:
Mark-up is the difference between selling price and cost price
Selling price =$99.00
Cost price = $49.50
Mark up = $99- 49.50
=$49.50
As a percentage
= $49.50/$49.50 x 100
= 1 x 100
= 100%
Answer: $31200
Explanation:
Based on the information given in the question, the total cost to be assigned to the ending work in process will be:
Material cost = 4800 × $6 = $28800
Conversion cost = 4800 × 25% × $2 = $2400
Therefore, the total cost to be assigned to the ending work in process will be:
= $28800 + $2400
= $31200
Answer: The total expected cash receipts during March is $232000.
Explanation:
Given that,
Budgeted sales in January = $210000
Budgeted sales in February = $260000
Budgeted sales in March = $220000
40% of sales are for cash and rest 60% are on credit
Total cash receipts during march = cash sales in the month of march + Credit sales in the month of February + Credit sales in the month of march
= 40% of 220000 + 260000 × 60% × 50% + 220000 × 60% × 50%
= 88000+78000+66000
= $232000
Therefore, the total expected cash receipts during March is $232000.
Answer:
What Is Value-Added?
The term "value-added" describes the economic enhancement a company gives its products or services before offering them to customers. Value-added helps explain why companies are able to sell their goods or services for more than they cost to produce. Adding value to products and services is very important as it provides consumers with an incentive to make purchases, thus increasing a company's revenue and bottom line.
Explanation:
