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
elena-14-01-66 [18.8K]
2 years ago
15

The Pines Company, which manufactures office equipment, is ready to introduce a new line of portable copiers. The following copi

er data are available:
Variable manufacturing cost $ 180
Variable selling and administrative cost 90
Applied fixed manufacturing cost 60
Allocated fixed selling and administrative cost 75
What price will the company charge if the firm uses cost-plus pricing based on total manufacturing cost and a markup percentage of 160%?
Business
1 answer:
sveta [45]2 years ago
4 0

Answer:

$ 624

Explanation:

Given :

Variable manufacturing cost = $ 180

Applied fixed manufacturing cost = $ 60

Therefore, total manufacturing cost = 180 + 60

                                                            = $ 240

Mark up percentage = 160%

Price to be charged = 240 + 160% of 240

                                 = 240 + 384

                                 = $  624

You might be interested in
The Reynolds Corporation buys from its suppliers on terms of 2/19, net 50. Reynolds has not been utilizing the discounts offered
harina [27]

Answer:

23.68%

Explanation:

The computation of the cost of not taking a cash discount is shown below:-

Cost of not taking a cash discount = [Discount percentage ÷ (100% - Disc.%)] × (360 ÷ (Final due date - Discount period))

= (2% ÷ 98%) × (360 ÷ (50 - 19))

= 2.04% × 11.61

= 23.68%

Therefore for computing the cost of not taking a cash discount we simply applied the above formula.

4 0
3 years ago
Which of the following is an example of a price floor​? A. Safeway charges​ $1 more than Fred Meyer charges for a 5 pound bag of
Snowcat [4.5K]

Answer:

C. The government guarantees that potato farmers will receive at least​ $50 a ton.

Explanation:

Price floor is implemented by the government or a group where price control is imposed or limit is placed on how low a price a product can be sold.

For price floor to be effective it must be higher than the equillibrum price.

Equillibrum price is the price at which quantity consumers are willing to pay for is equal to quantity suppliers re willing to sell.

Price floors are usually used to keep commodity prices from going too low.

So if the government guarantees farmers will receive at least $50 per ton of potato, they are setting a price floor of $50.

4 0
2 years ago
Home Works Referral Network is a premier home service referral network of dependable, highly skilled home improvement profession
Hatshy [7]

Answer:

The correct answer is D. code of ethics.

Explanation:

A code of ethics serves to regulate the actions of a professional, to protect organizations and their members; In this way, the behavior standards of people within a company or organization are established. In this case, the domicile company requires a code of ethics so that the personnel do not disclose company information, honestly carry out the work, take responsibility for the obligations assigned to them during their professional activity.

4 0
2 years ago
What is the meaning of the full faith and credit clause
Yuki888 [10]

Hello!

the full faith and credit clause explains the fact that states within the United States have to respect the public acts, records, and judicial proceedings of every other state.

for example, if someone has a driver's license in Vermont, it will be considered valid in new mexico.

or if someone were to get married in California, they would still be married if they move to Virginia.

I hope this helps, and have a nice day!

6 0
3 years ago
Smith Company’s adjusted trial balance on August 31, 2013, its fiscal year-end, follows.
CaHeK987 [17]
A compute the company’s net sales for the year
6 0
3 years ago
Other questions:
  • About what percentage of lottery winners end up with financial troubles?
    5·2 answers
  • he following transactions occurred during March 2021 for the Wainwright Corporation. The company owns and operates a wholesale w
    11·1 answer
  • An interview is an primary or secondary research
    6·1 answer
  • As part of the initial investment, Jackson contributes accounts receivable that had a balance of $32,290 in the accounts of a so
    14·1 answer
  • What percentage tariff increase has nersa granted eskom for the financial period 2016/2017?
    5·1 answer
  • Long-term investments that cost the company $25 were sold during the year for $54 and land that cost $53 was sold for $28. In ad
    11·1 answer
  • What effect will each of the following have on the supply of auto tires? (Keeping all else constant)
    15·1 answer
  • The T-account showing the manufacturing overhead activity for Alfred Corp. for 2020 shows a debit of $195,000 and a credit of $2
    7·1 answer
  • Exercise 23-10 Keep or replace LO P5Xinhong Company is considering replacing one of its manufacturing machines. The machine has
    7·1 answer
  • PLS HELP!!! What is the meaning of Customer Relationship Management (CRM)?
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!