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
Igoryamba
3 years ago
14

The Gargus Company, which manufactures projection equipment, is ready to introduce a new line of portable projectors. The follow

ing data are available for a proposed model: Variable manufacturing costs 270 Applied fixed manufacturing overhead 135 Variable selling and administrative costs 90 Applied fixed selling and administrative costs 105 What price will the company charge if the firm uses cost-plus pricing based on variable manufacturing cost and a markup percentage of 200%
Business
1 answer:
insens350 [35]3 years ago
5 0

Answer:

$810

Explanation:

The computation of the price that charge by the company is as follows:

As we know that

Markup percentage = 100 ×  (sales price - cost) ÷ (cost)

As the cost is depend upon variable manufacturing cost only

so cost would be $270

Now

markup percentage = 100 ×  (sales price - $270) ÷ 270

200 × $270 = 100 × (sales price - $270)

sales price = $270 + $540

= $810

You might be interested in
A portfolio has three stocks 300 shares of Yahoo (YHOO), 300Shares of General Motors (GM),
andreev551 [17]

Answer:

c. 22.2%, 33.3%

Explanation:

Portfolio weight of each investment equals division of total value of each investment to total value of portfolio.

  • Portfolio weight of YHOO = (300×$20)/(300*$20 +300× $30 + 80×150)= 0.222= 22%
  • Portfolio weight of GM = (300×$30)/(300*$20 +300× $30 + 80×150)= 0.333= 33%
7 0
3 years ago
Which chart type can be used to display summary values from two different levels of grouping in a report?
Stells [14]
Funnel chart and donut chart can be used to display summary values from two different levels of grouping in a report.
<span>There are many types of charts to show the data in the form of bars, columns, lines, shapes, or other elements. Which chart is the right one for your use, it depends on the type of data and how you want to show. The different types of charts are: Bar Charts, Column Charts, Line Charts, Pie Charts, Donut Charts, Funnel Charts, Scatter Charts.</span>
6 0
3 years ago
Suppose Congress is considering raising the top federal marginal tax rate from 35% to 40%. Senator Jones believes the elasticity
KIM [24]

Answer:

Explanation:

Solution-

According to Senator Jones, the elasticity of taxable income is larger, which means that due to a certain percentage rise in taxes, the taxable income rises by a greater percentage. Also, according to Senator Smith, the elasticity of taxable income is small, which means that due to a certain percentage rise in taxes, the taxable income rises by a smaller percentage.

(I) Under Senator Jones assumptions, due to rise in taxes, the taxable income has risen considerably as compared to Senator Smith assumptions. Thus the estimates of additional revenue from the tax increase will be larger under Senator Jones assumptions, compared to Smith's assumptions.

(ii) Since under Senator Jones assumptions, elasticity of taxable income is large. So due to rise in taxes, there is a significant proportional rise in taxable income under Jone's assumptions compared to Senator Smith assumptions. Thus the costs of the tax increase is borne more under Senator Jones assumptions , compared to Smith's assumptions.

3 0
3 years ago
The price elasticity of demand for soft drinks has been estimated to be 0.55. if the government enacts a major increase in the t
Artyom0805 [142]
<span>It definitely would be bad for most people. It would increase the price on a very common item that the majority of the population consumes and that would be harmful to the economy in an important aspect of the economy. It might also even limit the diversity of flavors and brand innovation.</span>
5 0
4 years ago
elisa Corporation has two divisions: Division L and Division Q. Data from the most recent month appear below: Total Company Divi
Irina18 [472]

Answer:

the break even point in sales dollars is $223,667

Explanation:

The computation of the break even point in sales dollars is shown below:

= Fixed cost ÷ contribution margin ratio

= $80,520 ÷ ($138,960 ÷ $386,000)

= $80,520 ÷ 36%

= $223,667

Hence, the break even point in sales dollars is $223,667

5 0
3 years ago
Other questions:
  • Someone may choose to own a car instead of leasing because
    9·1 answer
  • Social media can be used to help you network and to look for potential jobs described what Twitter is and how you can network wi
    10·1 answer
  • Explain the difference between a formal and informal team.
    14·1 answer
  • If you want to use Format Painter to apply formatting to many different selections, what can you do to make this happen more eff
    11·2 answers
  • Equipment originally costing $65,000 has accumulated depreciation of $25,000. If the equipment is sold for $30,000, the company
    11·1 answer
  • The Office Interiors Company has developed a new, modern office chair. Initial sales forecasts are for 64 chairs per day. The as
    6·1 answer
  • Rowe Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent quarter, it reported the following activit
    9·1 answer
  • Explain what the economic problem is​
    12·1 answer
  • A bank has ​$200 comma 000 of checkable deposits and a required reserve ratio of 5 percent. The bank currently holds ​$190 comma
    9·1 answer
  • Kristy's health insurance policy benefits max out at $25,000 per year. What is
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!