The target cost for each interior door is $96.
<h3>
What is manufacturing?</h3>
- Manufacturing is the process of creating or producing items with the aid of resources such as machinery, manpower, tools, chemicals, or biological formulations.
- It is the core of the economy's secondary sector.
<h3>What is operating cost?</h3>
- Operating costs, often known as operating costs, are the costs associated with running a company, or with running a machine, part, piece of equipment, or facility.
- They represent the cost of the resources an organization uses just to stay in business.
<h3>Solution -</h3>
Total revenue of the year (sales) = $120 × 20,000 = 24,00,000
Operating cost = 20% of sales = 4,80,000
Target cost of each door = 4,80,000 ÷ 20,000 = $24
120 - 24 = $96
Therefore, the target cost for each interior door is $96.
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Answer:
Date Account Title and Explanation Debit Credit
XXXX Cost of goods sold $5,800
To manufacturing overhead $5,800
(Entry for unapplied overhead transfer to cost of goods sold)
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Answer:
5.80%
, option A is correct
Explanation:
The formula for the simple rate of return on the investment=annualprofit/net amount invested
annual profit amount=savings in cash operating costs-annual depreciation on the new machine=$133,000-$88, 200=$ 44,800.00
net amount of investment=pruchase cost of new machine-the scrap value of the old machine=$793, 800-$21, 200=$ 772,600.00
simple rate of return on investment=$ 44,800.00/$ 772,600.00=5.80%
<span>µ, or the population mean, may be defined as the average annual earning of all Haque & Slash hair styling franchises. x measures only the average annual earnings of the 50 randomly selected Haque & Slash hair styling franchises.</span>
