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GenaCL600 [577]
3 years ago
9

Camelot Company has estimated the following costs for this year for 50,000 units: Manufacturing Selling and Administrative Varia

ble $100,000 $ 25,000 Fixed 150,000 75,000 Total $250,000 $100,000 What is the initial selling price needed to obtain a target profit of $50,000 using the manufacturing cost markup method
Business
1 answer:
pantera1 [17]3 years ago
6 0

Answer:

the initial selling price is $8 per unit

Explanation:

The computation of the initial selling price is shown below;

Total manufacturing costs = $250,000

Now

Markup required is

= $100,000 + $50,000

= $150,000

So, the Initial selling price is

= ($250,000 + $150,000) ÷ 50,000

= $8.00

hence, the initial selling price is $8 per unit

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3 years ago
When managing processes, it is vital that:
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Answer:

c. attention is paid to competitive priorities and strategic fit.

Explanation:

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This clearly reflects that management's main concern is to strategic performance, and how does it create a space in the market share, as gaining from competitive advantage.

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3 years ago
The amount of systematic risk present in a particular risky asset, relative to the systematic risk present in an average risky a
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Answer:   Option A          

             

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3 years ago
FordTech is a software company whose clients are based in France. The company has formed a team to decide the direction the orga
Tomtit [17]

Answer:

The correct answer is "corporate strategy"

Explanation:

FordTech is a software company whose clients are based in France. The company has formed a team to decide the direction the organization should take over the next five years. The focus of this team is to increase their clientele in Europe. The company is keen on taking advantage of the opportunities and avoiding threats in the changing environment. This team is involved in developing the corporate strategy  for the organization.

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4 0
3 years ago
Stock in Daenerys Industries has a beta of 1.2. The market risk premium is 6 percent, and T-bills are currently yielding 4.9 per
kobusy [5.1K]

Answer:

The best estimate of the company’s cost of equity is 12%

Explanation:

Estimate of the company’s cost of equity = (Required Return as per Capital Asset Pricing Model + Cost of Equity) / 2

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= 12%

Hence, the best estimate of the company’s cost of equity is 12%

6 0
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