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vodomira [7]
3 years ago
5

Target costing: Determines cost based on an expected market demand for the product. Determines cost based on standard cost. Dete

rmines cost based on a budget. Determines cost based upon market price and desired profit.
Business
1 answer:
lozanna [386]3 years ago
3 0

Answer:

Determines cost based upon market price and desired profit.

Explanation:

Target costing can be regarded as an approach that allows to know

cost of a product through its life-cycle. It enables to know the cost needed to ensure functionality as well as quality of the product with a desired profit at the end of production. It should be noted that Target costing Determines cost based upon market price and desired profit.

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A school's band members raised money by selling magazine subscriptions and shirts. Their profit from selling shirts was $\$5$ pe
Savatey [412]

Answer:

They sold 40 shirts and 40 magazine subscriptions.

Explanation:

profit per shirt = $5

set up costs = $40

profit per magazine = $4

S = shirts

C = setup costs

M = magazine

5S - C = 4M

S = M so we replace

5S - 40 = 4S

5S - 4S = 40

S = 40

They sold 40 shirts and 40 magazine subscriptions.

7 0
3 years ago
The LaGrange Corporation had the following budgeted sales for the first half of the current year:
Oxana [17]

Answer:

$168,250

Explanation:

Total Cash Collection would include cash collected from both Cash Sales and Credit Sales.

<u>Summary for Calculation of January Cash Collected</u>

Cash Sales                                                        $60,000

Credit Sales :

For January Sales ($160,000 × 45%)              $72,000

For December Sales ($55,000 × 55%)           $30,250

For November Sales ($30,000 × 20%)             $6,000

Total Collection                                               $168,250

Conclusion :

The total cash collected during January by LaGrange Corporation would be $168,250

3 0
3 years ago
A compound document contains _______ from different applications.
kakasveta [241]

A compound document contains linked data from different applications.

4 0
3 years ago
Read 2 more answers
Carol takes out an insurance policy on her car. Carol can assign her policy to a third party
notka56 [123]
What is the question here? 
4 0
3 years ago
You are considering a stock investment in one of two firms (NoEquity, Inc., and NoDebt, Inc.), both of which operate in the same
Nonamiya [84]

Answer:

A. NoEquity $18.27million

NoDebt $22.75million

B. NoEquity 28.11%

NoDebt 35%

Explanation:

A. Calculation to determine the net income

NoEquity Inc., NoDebt Inc.,

Operating income $32.5 million $32.5 million

Less: Interest $6.4 million $0

($64m × 0.1)

Taxable income $ 26.10million $32.5 million

Less: Taxes (30%) ($7.83million) ($9.75million)

NET INCOME $18.27million $22.75million

Therefore The Net income for the two firms are :

NoEquity $18.27million

NoDebt $22.75million

B. Calculation to determine the Return on assets

NoEquity

Return on assets =$18.27million/$65 million

Return on assets =0.2811*100

Return on assets =28.11%

NoDebt

Return on assets = $22.75million/$65 million

Return on assets =0.35*100

Return on assets =35%

Therefore The return on assets for the two firm are:

NoEquity 28.11%

NoDebt 35%

3 0
3 years ago
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