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daser333 [38]
2 years ago
8

ABC Limited manufactures high quality copper pots and pans.

Business
1 answer:
Anton [14]2 years ago
8 0

Answer:

ABC Limited

The role of the management accountant in setting the price of a new product is to gather sufficient information especially cost data and competitor's prices.  The management accountant ensures that accurate computations are made to enable a proper price to be set.

Explanation:

a) Data and Calculations:

Variable Costs:

Manufacturing            $75,000

Sales Commission     $15,000

Total Variable Cost  $90,000

Fixed  Cost

Allocated Manufacturing $25,000

Total Fixed Cost             $25,000

Total Cost              $115,000

Units of production = 10,000

Unit cost = $11.50

Management decided that the required markup is 40%

Selling price = $16.10 ($11.50 * 1.4)

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Answer:

The list is follows:

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3 years ago
Which consideration must be addressed when deciding for whom to produce?
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Since there is no options provided, it could be :

- The price of your products compared to your target's level of income

- The Rules and law that exist in your area

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8 0
3 years ago
Read 2 more answers
You do an extensive survey and learn that 15 out of the 200 people surveyed like to eat out on Tuesdays. You then look only at t
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The family should be less likely to eat out on Tuesday as compared to the general population.

Given that,

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Based on the given information, we can conclude that the family should be less likely to eat out on Tuesday as compared to the general population.

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3 years ago
Tentacle Television Antenna Company provided the following manufacturing costs for the month of June. Direct labor cost Direct m
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Answer:

C. $65,800

Explanation:

Fixed csot: those which do not change for a relevant range with the production output. They aer constant.

Factory insurance                  21,000        

Factory insurance                  13,000

Factory manager's salary     10,800

Janitor's salary                        5,000

Property taxes:                 <u>      16,000  </u>

    Total Fixed Cost:             65,800

The direct materials and direct labor are variable cost as they drop to zero if no unit is produced.

Same goes with packaging cost, if no unit is produced then, no packagin is needed.

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3 years ago
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Most times, the Statute of Frauds can be satisfied by any signed writing that:

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