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Olegator [25]
3 years ago
12

To determine a product selling price based on the total cost method, management should include: Multiple Choice Total product an

d selling, general, and administrative costs plus a markup. Total selling, general, and administrative costs plus a markup. Total product costs plus a markup. Only a markup. Total product and selling, general, and administrative costs only.
Business
1 answer:
Free_Kalibri [48]3 years ago
4 0

If one wants to determine the selling price of a product using the total cost method, the management should use Total product costs plus a markup.

<h3>What is total cost method?</h3>

When using the total cost method, the company takes into account the full cost of producing the good in question. This includes total product cost only.

A markup is then added to the total cost to find a suitable selling price that allows for a projected level of profit.

Find out more on the total cost method at brainly.com/question/6480601.

You might be interested in
Tinker's cost of goods sold in the year of sale (2019) was $790,000 and 2018 cost of goods sold was $810,000. The inventory at t
gladu [14]

Answer:

91 days

Explanation:

Here, we are to calculate the average number of days it will take to sell its inventory in 2019.

We proceed mathematically as follows;

Inventory turnover=COGS/Average inventory

Average inventory=(192,000 + 202,000)/2=$197,000

hence inventory turnover=(790,000/197,000)= 4.01

hence average days to sell=365/4.01 =91 days (approx)

6 0
4 years ago
Wild Trails Inc., an adventure resort in Texas, has 500 shares of outstanding common stock and has not issued any preferred stoc
erma4kov [3.2K]

Answer:

$55

Explanation:

The earnings per share indicate the profit per outstanding stocks and it is calculated by dividing the net income by the number of shares of outstanding stocks. According to this,

Earnings per share= $27,500/500

Earnings per share= $55

Wild Trails Inc.'s earnings per share (EPS) is $55.

7 0
3 years ago
Traditionally, ________ were always set up as non profit corporations.
riadik2000 [5.3K]
The answer is:

Traditionally, SOCIAL ENTERPRISES were always set up as non profit corporations.
4 0
3 years ago
JackITs has 5.0 million shares of common stock outstanding, 1.0 million shares of preferred stock outstanding, and 20.00 thousan
Leya [2.2K]

Answer:

80.88; 7.80; 11.32

Explanation:

Common Stock:

Value = Number × Price

          = 5,000,000 × $28

          = $140,000,000

Preferred Stock:

Value = Number × Price

          = 1,000,000 × $13.50

          = $13,500,000

Bonds:

Value = Number × Price

          = 20,000 × $980

          = $19,600,000

Total value = $140,000,000+ $13,500,000 + $19,600,000

                   = 173,100,000

Weight of common stock = Respective Value ÷ Total Value

                                          = $140,000,000 ÷ 173,100,000

                                          = 80.88

Weight of preferred stock = Respective Value ÷ Total Value

                                          = $13,500,000 ÷ 173,100,000

                                          = 7.80

Weight of Bonds = Respective Value ÷ Total Value

                            = $19,600,000 ÷ 173,100,000

                            = 11.32

7 0
3 years ago
Working women experienced new freedoms in the Progressive era because: a. young immigrant factory workers gained independence fr
Triss [41]

Answer:

The correct answers are: a. young immigrant factory workers gained independence from the traditional control of their fathers. and b. employment opened up to married white women.

Explanation:

The progressive era was a period of widespread social activism and political reform throughout the United States, spanning from the 1890s to the 1920s. The main objectives of the progressive movement were to eliminate the problems caused by industrialization, urbanization processes, immigration and political corruption.

Across the nation, middle-class women organized themselves in the name of social reform during the progressive era. Women were able to promote reforms such as the prohibition of alcohol, female suffrage, childcare and public health.

They formed local clubs, which after 1890 were coordinated by the General Federation of Women's Clubs (GFWC).

Women during the progressive era were often unhappy and did not enjoy their sexual intercourse, middle-class women known to bring about changes, specifically in cities like New York City, questioned the approach to marriage and sexuality. After the Victorian era, women craved more sexual freedom after the repression of the previous stage. Dating became a new form of relationship during the progressive era and introducing into the United States a more romantic way of seeing marriage and personal relationships. Within many commitments and marriages, both parties would exchange love notes as a Way to express your sexual feelings. The division between passionate and aggressive love generally associated with men and the most spiritual romantic love of women became evident in the middle class as women were judged on how they should be respected according to how they expressed these feelings. Therefore, women frequently expressed emotions without passion towards love, as a way of establishing their status among men in the middle class.

7 0
3 years ago
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