a manufacturer cover its cost and make its reasonable profit if it sellls an article for...
a manufacturer cover its cost and make its reasonable profit if it sellls an article for n$63.70. at what price should the article be listed so that the discount of 30% can be allowed
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a manufacturer cover its cost and make its reasonable profit if
it sellls an article for...
Mastery Problem: Cost-Volume-Profit Analysis Cost Cost Behavior Cover-to-Cover Company is a manufacturer of shelving for books....
Mastery Problem: Cost-Volume-Profit Analysis Cost Cost Behavior Cover-to-Cover Company is a manufacturer of shelving for books. The company has compiled the following cost data, and wants your help in determining the cost behavior. After reviewing the data, complete requirements (1) and (2) that follow. Total Total Total Machine Units Lumber Utilities Depreciation Produced Cost Cost 11,000 shelves $132,000 $14,150 $140,000 22,000 shelves 264,000 26,800 140,000 44,000 shelves 528,000 52,100 140,000 55,000 shelves 660,000 64,750 140,000 1. Determine whether the costs...
Cost Behavior Cover-to-Cover Company is a manufacturer of shelving for books. The company has compiled the...
Cost Behavior Cover-to-Cover Company is a manufacturer of shelving for books. The company has compiled the following cost data, and wants your help in determining the cost behavior. After reviewing the data, complete requirements (1) and (2) that follow. Total Total Total Machine Units Lumber Utilities Depreciation Produced Cost Cost Cost 3,000 shelves $33,000 $4,450 $140,000 6,000 shelves 66,000 7,900 140,000 12,000 shelves 132,000 14,800 140,000 15,000 shelves 165,000 18,250 140,000 1. Determine whether the costs in the table are...
Cover-to-Cover Company is a manufacturer of shelving for books. The company has compiled the following cost...
Cover-to-Cover Company is a manufacturer of shelving for books. The company has compiled the following cost data, and wants your help in determining the cost behavior. After reviewing the data, complete requirements (1) and (2) that follow. Units Produced Total Lumber Cost Total Utilities Cost Total Machine Depreciation Cost 5,000 shelves $50,000 $7,250 $140,000 10,000 shelves 100,000 13,000 140,000 20,000 shelves 200,000 24,500 140,000 25,000 shelves 250,000 30,250 140,000 1. Determine whether the costs in the table are variable, fixed,...
Cover-to-Cover Company is a manufacturer of shelving for books. The company has compiled the following cost...
Cover-to-Cover Company is a manufacturer of shelving for books.
The company has compiled the following cost data, and wants your
help in determining the cost behavior. After reviewing the data,
complete requirements (1) and (2) that follow
.
2. For each cost, determine the fixed portion
of the cost, and the per-unit variable cost. If there is no amount
or an amount is zero, enter "0". Recall that, for N = Number of
Units Produced, Total Costs = (Variable Cost...
Mastery Problem: Cost-Volume-Profit Analysis Cost Behavior Cover-to-Cover Company is a manufacturer of shelving for books. The...
Mastery Problem: Cost-Volume-Profit Analysis Cost Behavior Cover-to-Cover Company is a manufacturer of shelving for books. The company has compiled the following cost data, and wants your help in determining the cost behavior. After reviewing the data, complete requirements (1) and (2) that follow. Total Total Total Machine Units Lumber Utilities Depreciation Produced Cost Cost Cost 7,000 shelves $84,000 $9,550 $120,000 14,000 shelves 168,000 17,600 120,000 28.000 shelves 336,000 33,700 120,000 35,000 shelves 420,000 41,750 120,000 1. Determine whether the costs...
8. Big Sound Electronics purchased equipment from the manufacturer at a cost of $960 less 30%...
8. Big Sound Electronics purchased equipment from the manufacturer at a cost of $960 less 30% and 15%. According to Big Sound's pricing strategy, all merchandise is marked at a price that allows an ongoing discount of 20% and maintains a profit of 15% of regular selling price. Overhead expenses are 25% of regular selling price. During its annual Boxing Week sale, the usual discount of 20% was replaced by a markdown of 45% on selected models. What operating profit...
Cost Behavior Cover-to-Cover Company is a manufacturer of shelving for books. The company has compiled the...
Cost Behavior Cover-to-Cover Company is a manufacturer of shelving for books. The company has compiled the following cost data, and wants your help in determining the cost behavior. After reviewing the data, complete requirements (1) and (2) that follow. Total Total Total Machine Units Lumber Utilities Depreciation Produced Cost Cost Cost 15,000 shelves $180,000 $19,250 $140,000 30,000 shelves 360,000 36,500 140,000 60,000 shelves 720,000 71,000 140,000 75,000 shelves 900,000 88,250 140,000 1. Determine whether the costs in the table are...
A manufacturer of widgets has fixed costs of $1200 per month, and the variable cost is...
A manufacturer of widgets has fixed costs of $1200 per month, and the variable cost is $49 per widget (so it costs $49 to produce 1 widget). Let N be the number of widgets produced in a month. (a) Find a formula for the manufacturer's total cost C as a function of N. C(N) - 49N+1200 (b) The highest price p, in dollars, of a widget at which N widgets can be sold is given by the formula p =...
The total cost C for a manufacturer during a given time period is a function of...
The total cost C for a manufacturer during a given time period is a function of the number N of items produced during that period. To determine a formula for the total cost, we need to know the manufacturer's fixed costs (covering things such as plant maintenance and insurance), as well as the cost for each unit produced, which is called the variable cost. To find the total cost, we multiply the variable cost by the number of items produced...
A manufacturer of shoes wants to entice you to a big contract. A pair of shoes...
A manufacturer of shoes wants to entice you to a big contract. A pair of shoes that you like as a wholesaler is currently listed at $59. In order to make the trade the manufacturer prices the sneakers for you at $59 less 102 3 %, 5%, 1%, but only if you purchase 1000 or more. If you agree to this trade, then: a) What is the net price factor? Remember: keep at least 6 decimal places if needed. b)...
Mastery Problem: Cost-Volume-Profit Analysis Cost Cost Behavior Cover-to-Cover Company is a manufacturer of shelving for books. The company has compiled the following cost data, and wants your help in determining the cost behavior. After reviewing the data, complete requirements (1) and (2) that follow. Total Total Total Machine Units Lumber Utilities Depreciation Produced Cost Cost 11,000 shelves $132,000 $14,150 $140,000 22,000 shelves 264,000 26,800 140,000 44,000 shelves 528,000 52,100 140,000 55,000 shelves 660,000 64,750 140,000 1. Determine whether the costs...
Cost Behavior Cover-to-Cover Company is a manufacturer of shelving for books. The company has compiled the following cost data, and wants your help in determining the cost behavior. After reviewing the data, complete requirements (1) and (2) that follow. Total Total Total Machine Units Lumber Utilities Depreciation Produced Cost Cost Cost 3,000 shelves $33,000 $4,450 $140,000 6,000 shelves 66,000 7,900 140,000 12,000 shelves 132,000 14,800 140,000 15,000 shelves 165,000 18,250 140,000 1. Determine whether the costs in the table are...
Cover-to-Cover Company is a manufacturer of shelving for books.
The company has compiled the following cost data, and wants your
help in determining the cost behavior. After reviewing the data,
complete requirements (1) and (2) that follow
.
2. For each cost, determine the fixed portion
of the cost, and the per-unit variable cost. If there is no amount
or an amount is zero, enter "0". Recall that, for N = Number of
Units Produced, Total Costs = (Variable Cost...
Mastery Problem: Cost-Volume-Profit Analysis Cost Behavior Cover-to-Cover Company is a manufacturer of shelving for books. The company has compiled the following cost data, and wants your help in determining the cost behavior. After reviewing the data, complete requirements (1) and (2) that follow. Total Total Total Machine Units Lumber Utilities Depreciation Produced Cost Cost Cost 7,000 shelves $84,000 $9,550 $120,000 14,000 shelves 168,000 17,600 120,000 28.000 shelves 336,000 33,700 120,000 35,000 shelves 420,000 41,750 120,000 1. Determine whether the costs...
8. Big Sound Electronics purchased equipment from the manufacturer at a cost of $960 less 30% and 15%. According to Big Sound's pricing strategy, all merchandise is marked at a price that allows an ongoing discount of 20% and maintains a profit of 15% of regular selling price. Overhead expenses are 25% of regular selling price. During its annual Boxing Week sale, the usual discount of 20% was replaced by a markdown of 45% on selected models. What operating profit...
Cost Behavior Cover-to-Cover Company is a manufacturer of shelving for books. The company has compiled the following cost data, and wants your help in determining the cost behavior. After reviewing the data, complete requirements (1) and (2) that follow. Total Total Total Machine Units Lumber Utilities Depreciation Produced Cost Cost Cost 15,000 shelves $180,000 $19,250 $140,000 30,000 shelves 360,000 36,500 140,000 60,000 shelves 720,000 71,000 140,000 75,000 shelves 900,000 88,250 140,000 1. Determine whether the costs in the table are...
A manufacturer of widgets has fixed costs of $1200 per month, and the variable cost is $49 per widget (so it costs $49 to produce 1 widget). Let N be the number of widgets produced in a month. (a) Find a formula for the manufacturer's total cost C as a function of N. C(N) - 49N+1200 (b) The highest price p, in dollars, of a widget at which N widgets can be sold is given by the formula p =...
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