Answer:
$36,000
Explanation:
Calculation to determine what the segment margin for Product P was
Using this formula
Net operating profit= (Segment margin Q + Segment margin P) - Common fixed expenses
Let plug in the formula
28,000= (52,000 + segment margin P) -60,000
88,000= 52,000 + segment margin P
36,000= segment margin P
Therefore the segment margin for Product P was:$36,000
Answer:
Target costing does not begin with the determination of the cost of the product and then focusing on developing ways to sell the product at a price that will enable the company to achieve its desired profit margin.
The correct answer is B
Explanation:
In target costing, the company does not determine the price because the price is determined by the market. Target costing begins with determining the target profit. Then, the company deducts the target profit from the market price in order to obtain the target cost.
The factors that will most likely affect revenues and profit include the number of production units, direct costs, and the production per unit.
<h3>What is revenue?</h3>
It should be noted that revenue simply means the income that a company can make based on the sales of a product.
Revenue in accounting refers to the entire amount of money made through the sale of products and services that are essential to the company's core operations. Sales or turnover are other terms used to describe commercial revenue. Some businesses make money from royalties, interest, or other fees.
In this case, the factors that will most likely affect revenues and profit include the number of production units, direct costs, and the production per unit.
Learn more about revenue in:
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Answer:
A. the liabilities of the First National Bank decrease by $10.
Explanation: