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slega [8]
3 years ago
7

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

ble $200,000 $ 25,000 Fixed 300,000 75,000 Total $500,000 $100,000 What is the manufacturing cost markup needed to obtain a target profit of $100,000
Business
1 answer:
Annette [7]3 years ago
6 0

Answer:

See below

Explanation:

Computation of manufacturing cost markup needed to obtain a target profit of $100,000

= ($300,000 + $75,000 + $100,000) / $200,000

= 4.75%

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Answer:

Results are below.

Explanation:

Giving the following information:

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<u>To calculate the predetermined overhead rate, we need to use the following formula:</u>

<u></u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

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<u>Fixed:</u>

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Answer:

D

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andriy [413]

Answer:

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