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
nignag [31]
3 years ago
10

Shale Remodeling uses time and materials pricing. It is setting prices for next year using the following information: Labor rate

, including fringe benefits $ 86 per hour Annual labor hours 3,100 hours Annual materials purchase $ 1,316,250 Materials purchasing, handling, and storage $ 315,900 Overhead for depreciation, taxes, insurance, etc. $ 780,000 Target profit margin for both labor and materials 25 % What should Shale set as the materials markup per dollar of materials used
Business
1 answer:
mylen [45]3 years ago
5 0

Answer:

49%

Explanation:

Material mark up per dollar of material used = Target profit + Percentage of material purchasing , handling and storage

Material mark up per dollar of material used = 25% + (315,900/1,316,250 *100)

Material mark up per dollar of material used = 25% + 24%

Material mark up per dollar of material used = 49%

You might be interested in
when a manufacturer saturates the market by selling to any intermediary of good financial standing that is willing to stock and
Luda [366]

When a manufacturer saturates the market, the manufacturer is engaging in  intensive distribution.

Intensive distribution can be define as the way in which companies or manufacturer made available or distribute their products from retail outlet to wholesaler outlet.

Most companies use intensive distribution marketing strategy  to increase sales and to sell out the products in their warehouse so as to restock or restore new products.

Intensive distribution help to create product awareness to those people that are not aware of the products due to the fact that the products can be find everywhere.

Inconclusion  the manufacturer is engaging in  intensive distribution.

Learn more about intensive distribution here:

brainly.com/question/24250512

4 0
3 years ago
Suppose that a delivery company currently uses one employee per vehicle to deliver packages. Each driver delivers 60 packages pe
lisabon 2012 [21]

Answer:

a. What is the MRP per driver per day?

  • the marginal revenue product per driver = 60 packages x $20 = $1,200 per day

b. Now suppose that a union forces the company to place a supervisor in each vehicle at a cost of $300 per supervisor per day. The presence of the supervisor causes the number of packages delivered per vehicle per day to rise to 60  packages per day What is the MRP per supervisor per day? By how much per vehicle per day do firm profits fall after supervisors are introduced?

  • if the drivers were already delivering 60 packages per day without the supervisor, then the addition of the supervisor doesn't change anything. So the MRP of the supervisor is $0. That means that the company's profits will decrease by $300 per day due to the supervisors.

c. How many packages per day would each vehicle have to deliver in order to maintain the firm's profit per vehicle after supervisors are introduced?

  • $300 / 20 = 15 packages per day
  • in order to maintain the profit per vehicle, each team of delivery man + supervisor should be able to deliver 75 packages per day.

d. Suppose that the number of packages delivered per day cannot be increased but that the price per deliver might potentially be raised. What price would the firm have to charge for each delivery in order to maintain the firm's profit per  vehicle after supervisors are introduced?

  • $300 / 60 = $5
  • the price of each package delivered should increase by $5 to $25 per package.
6 0
3 years ago
Moon Flower Cosmetics Company’s executives are aware that their Asian customer base is interested in advanced skin care treatmen
Lady_Fox [76]

Answer:A merger

Explanation:

This is coming of two companies to form a new firm with both companies losing their indentity .

7 0
3 years ago
If nicotine in cigarettes is highly addictive, why would it make economic sense for producers of cigarettes to offer free sample
makkiz [27]
If the nicotine cigarettes are highly addictive and they were to offer the free samples to young adults then it will make the people be highly addictive in the nicotine cigarettes and this will cause the economy in the producers to have a less demand in elasticity. If it has a less elasticity, then it will cause a large price change, affecting the consumed quantity by the consumers.
8 0
3 years ago
Read 2 more answers
Tax return preparers may generally rely on a client's representations without verification unless:
Valentin [98]

Answer:

Tax return preparers may generally rely on a client's representations without verification unless the information seems incorrect, inconsistent, or incomplete, Option A.

Explanation:

A  "tax return preparer" usually relies in good faith without verification upon information furnished by a taxpayer or another advisor or third party. But he has the authority to make inquires in case he feels the information given is incomplete or inconsistent. Also, some of the provisions also require few circumstances or facts to be claimed before deduction is made. So, A tax return preparer should make relevant inquiries to decide if the information given is correct as required by an "Internal Revenue Code" section or a regulation to claim either a deduction or a credit.

4 0
3 years ago
Other questions:
  • Fixed Overhead Spending and Volume Variances, Columnar and Formula Approaches
    11·1 answer
  • A group of friends decided to divide the $800 cost of a trip equally among themselves. when two of the friends decided not to go
    11·1 answer
  • Kevin Pinker is a freelance computer programmer who writes computer algorithms for companies such as SoftStar and BlueHill. Soft
    11·1 answer
  • Jason and his sister sara have weekly chores. jason helps his father mow the lawn and takes out the garbage. his sister helps th
    10·1 answer
  • Copy of Jane is in charge of her Rotary Club’s annual fund-raising auction. She will decide who will ask local businesses for pr
    14·1 answer
  • A loan officer will use _____ to determine if you will be approved for a loan
    12·2 answers
  • 32. How many significant accounting policies are listed under its Summary of Significant Accounting Policies
    11·1 answer
  • He has $800 to spend and wants to buy either a camera or a new photo editing software. Both the camera and the software cost $80
    11·1 answer
  • When the money supply decreases a.interest rates fall and so aggregate demand shifts right. b.interest rates rise and so aggrega
    11·1 answer
  • a manufacturing operation consists of 10 operations; 5 of them are distinct machining operations and the other 5 are distinct as
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!