calculate the unit price for each and determine which deal is better. Calculate the unit price...
(4) 1. For each of the following, which is the greater unit rate (not the better deal, the greater unit rate)? a) $3.25 for 526 mL or $8.45 for 1.2 L (2 marks) b) 45 km/h or 30 mph (2 marks) Communication tip 1 mi (mle)-167 km 1US gal-379L (4) 2. Nuri is researching the fuel efficiency of pickup trucks. He found a website that advertised a hybrid pickup truck with a fuel efficiency of 22 mpg for highway driving....
Direct materials cost per unit Direct labor cost per unit Sales price per unit Expected production per month Sandy Beach $18.50 14.20 83.70 1,220 units Rocky River $ 26.20 17.60 105.ee 990 units Keller has monthly overhead of $11.446, which is divided into the following cost pools: Setup costs Quality control Maintenance Total $ 2,790 5,506 3,150 $ 11,446 The company has also compiled the following Information about the chosen cost drivers: Sandy Beach Rocky River Number of setups Number...
Determine the missing amounts. (Round answers to 0 decimal places, e.g. 1,225.) Unit Selling Price Unit Variable Costs Unit Contribution Margin Contribution Margin Ratio 1. $650 $380 $enter a dollar amount (a) enter a dollar amount % (b) 2. $400 $enter a dollar amount (c) $150 enter a dollar amount % (d) 3. $enter a dollar amount (e) $enter a dollar amount (f) $450 20 % AND In 2016, Manhoff Company had a break-even point of $341,000 based on a...
Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required. Required: 1. At the break-even point, Jefferson Company sells 135,000 units and has foed cost of $350,600. The variable cost per unit is $0.40. What price does Jefferson charge per unit? Note: Round to the nearest cent. 2. Sooner Industries charges a price of $115 and has fixed cost of $459,500. Next year, Sooner expects to sell...
Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required. Required: 1. At the break-even point, Jefferson Company sells 135,000 units and has fixed cost of $353,000. The variable cost per unit is $0.45. What price does Jefferson charge per unit? Note: Round to the nearest cent. 2. Sooner Industries charges a price of $111 and has fixed cost of $414,000. Next year, Sooner expects to sell...
Determine the effective annual yield for each investment. Then select the better investment. Assume 360 days in a year. 11% compounded monthly: 11.25% compounded annually %. The effective annual yield for a 11% compounded monthly investment is (Round to two decimal places as needed.) Determine the effective annual yield for each investment. Then select the better investment. Assume 360 days in a year. 3% compounded semiannually; 2.9% compounded daily %. The effective annual yield for a 3% compounded semiannually investment...
Calculate the unit price of each of the following items: (Enter your answers in cents rounded to 2 decimal places. For example, $0.01 is 1.00 cent.) a. motor oil- 2.5 quarts for $1.95 ? cents/quart b. Cereal-15 ounces for $2.17 ? cents/ounce c. Canned fruit- 13 ounces for 89 cents ? cents/ounce d. facial tissue 300 tissues for $2.25 ?cents/100 tissue
Martin Company is considering the introduction of a new product. To determine a selling price, the company has gathered the following information: . Number of units to be produced and sold each year Unit product cost Projected annual selling and administrative expenses Estimated investment required by the company Desired return on investment (ROI) 17,000 $ 50 $ 60,000 $550,000 18% The company uses the absorption costing approach to cost-plus pricing, Required: 1. Compute the markup required to achieve the desired...
Discuss how you can determine which is a better financial deal. Also, what are the non-financial aspects to winning the lottery and how do they influence which option to take?
Calculate the unit price of each of the following items: (Enter your answers in cents rounded to 2 decimal places. For example, $0.01 is 1.00 cent.) a. Motor oil—2 quarts for $1.24 b. Cereal—15 ounces for $4.80 C. Canned fruit—13 ounces for 0.79 cents d. Facial tissue-300 tissues for $1.85 62.00 cents/quart 32.00 cents/ounce 6.08 cents/ounce 62.00 cents/100 tissues