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Pauley Company needs to determine a markup for a new product. Pauley expects to sell 31,000...
Hordel Company needs to determine a markup for a new product. Hordel expects to sell 5,000...
Hordel Company needs to determine a markup for a new product. Hordel expects to sell 5,000 units and wants a target profit of $82 per unit. Additional information is as follows: Variable product cost per unit $ 79 Variable administrative cost per unit 21 Total fixed overhead 42,000 Total fixed administrative 31,000 Using the variable cost method, what markup percentage to variable cost should be used? Multiple Choice 94.1% 80.1% 96.6% 98.20% 91.7%
Pinkin Inc. needs to determine a price for a new phone model, Pinkin desires a 25%...
Pinkin Inc. needs to determine a price for a new phone model, Pinkin desires a 25% markup on the total cost of the phone. Pinkin expects to sell 30,000 phones. Additional information is as follows: Variable product cost per unit Variable administrative cost per unit $ 75 50 Total fixed overhead 85,e00 Total fixed administrative 65,000 Using the total cost method what price should Pinkin charge? Saved Multiple Choice $156.10 $162.50 $130.10 $142.50 $161.25 Next 19 of 20 Prev Pauley...
Pinkin Inc. needs to determine a price for a new phone model. Pinkin desires a 25%...
Pinkin Inc. needs to determine a price for a new phone model. Pinkin desires a 25% markup on the total cost of the phone. Pinkin expects to sell 30,000 phones. Additional information is as follows: $ 75 Variable product cost per unit Variable administrative cost per unit Total fixed overhead Total fixed administrative 85,000 65,000 Using the total cost method what price should Pinkin charge? We were unable to transcribe this image
Lafleur Corporation needs to set a target price for its newly designed product, M14-M16. The following...
Lafleur Corporation needs to set a target price for its newly designed product, M14-M16. The following data relate to it: Total Per Unit $12 18 10 Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $4,215,000 5 2,529,000 These costs are based on a budgeted volume of 281,000 units produced and sold each year. Lafleur uses cost-plus pricing to set its target selling price. The markup on the total...
National Corporation needs to set a target price for its newly designed product M14–M16. The following...
National Corporation needs to set a target price for its newly designed product M14–M16. The following data relate to this new product. Per Unit Total Direct materials $23 Direct labor $38 Variable manufacturing overhead $12 Fixed manufacturing overhead $1,343,000 Variable selling and administrative expenses $ 7 Fixed selling and administrative expenses $ 1,027,000 These costs are based on a budgeted volume of 79,000 units produced and sold each year. National uses cost-plus pricing methods to set its target selling price....
National Corporation needs to set a target price for its newly designed product M14-M16. The following...
National Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. Per Unit Total Direct materials $26 Direct labor Variable manufacturing overhead Fixed manufacturing overhead $1,377,000 Variable selling and administrative expenses $5 Fixed selling and administrative expenses $ 1,053,000 These costs are based on a budgeted volume of 81,000 units produced and sold each year. National uses cost-plus pricing methods to set its target selling price. The markup percentage...
National Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to t...
National Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. Per Total Unit Direct materials $21 Direct labor $46 Variable manufacturing overhead $15 Fixed manufacturing overhead $1,200,000 Variable selling and administrative expenses $8 Fixed selling and administrative expenses $ 1,200,000 These costs are based on a budgeted volume of 80,000 units produced and sold each year. National uses cost-plus pricing methods to set its target selling price. The...
CALCULATOR PRINTER аас National Corporation needs to set a target price for its newly designed product...
CALCULATOR PRINTER аас National Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. Per Total Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Unit 527 538 $11 $1,440,000 dy $4 Fixed selling and administrative expenses 5960,000 These costs are based on a budgeted volume of 80,000 units produced and sold each year, National uses cost plus pricing methods to set its...
National Corporation needs to set a target price for its newly designed product M14–M16. The following...
National Corporation needs to set a target price for its newly designed product M14–M16. The following data relate to this new product. Per Unit Total Direct materials $30 Direct labor $44 Variable manufacturing overhead $11 Fixed manufacturing overhead $1,264,000 Variable selling and administrative expenses $ 5 Fixed selling and administrative expenses $ 1,106,000 These costs are based on a budgeted volume of 79,000 units produced and sold each year. National uses cost-plus pricing methods to set its target selling price....
National Corporation needs to set a target price for its newly designed product M14–M16. The following...
National Corporation needs to set a target price for its newly
designed product M14–M16. The following data relate to this new
product.
Per Unit
Total
Direct materials
$26
Direct labor
$44
Variable manufacturing overhead
$15
Fixed manufacturing overhead
$1,377,000
Variable selling and administrative expenses
$ 5
Fixed selling and administrative expenses
$ 1,053,000
These costs are based on a budgeted volume of 81,000 units produced
and sold each year. National uses cost-plus pricing methods to set
its target selling price....
Pinkin Inc. needs to determine a price for a new phone model, Pinkin desires a 25% markup on the total cost of the phone. Pinkin expects to sell 30,000 phones. Additional information is as follows: Variable product cost per unit Variable administrative cost per unit $ 75 50 Total fixed overhead 85,e00 Total fixed administrative 65,000 Using the total cost method what price should Pinkin charge? Saved Multiple Choice $156.10 $162.50 $130.10 $142.50 $161.25 Next 19 of 20 Prev Pauley...
Pinkin Inc. needs to determine a price for a new phone model. Pinkin desires a 25% markup on the total cost of the phone. Pinkin expects to sell 30,000 phones. Additional information is as follows: $ 75 Variable product cost per unit Variable administrative cost per unit Total fixed overhead Total fixed administrative 85,000 65,000 Using the total cost method what price should Pinkin charge? We were unable to transcribe this image
Lafleur Corporation needs to set a target price for its newly designed product, M14-M16. The following data relate to it: Total Per Unit $12 18 10 Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $4,215,000 5 2,529,000 These costs are based on a budgeted volume of 281,000 units produced and sold each year. Lafleur uses cost-plus pricing to set its target selling price. The markup on the total...
National Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. Per Unit Total Direct materials $26 Direct labor Variable manufacturing overhead Fixed manufacturing overhead $1,377,000 Variable selling and administrative expenses $5 Fixed selling and administrative expenses $ 1,053,000 These costs are based on a budgeted volume of 81,000 units produced and sold each year. National uses cost-plus pricing methods to set its target selling price. The markup percentage...
National Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. Per Total Unit Direct materials $21 Direct labor $46 Variable manufacturing overhead $15 Fixed manufacturing overhead $1,200,000 Variable selling and administrative expenses $8 Fixed selling and administrative expenses $ 1,200,000 These costs are based on a budgeted volume of 80,000 units produced and sold each year. National uses cost-plus pricing methods to set its target selling price. The...
CALCULATOR PRINTER аас National Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. Per Total Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Unit 527 538 $11 $1,440,000 dy $4 Fixed selling and administrative expenses 5960,000 These costs are based on a budgeted volume of 80,000 units produced and sold each year, National uses cost plus pricing methods to set its...
National Corporation needs to set a target price for its newly
designed product M14–M16. The following data relate to this new
product.
Per Unit
Total
Direct materials
$26
Direct labor
$44
Variable manufacturing overhead
$15
Fixed manufacturing overhead
$1,377,000
Variable selling and administrative expenses
$ 5
Fixed selling and administrative expenses
$ 1,053,000
These costs are based on a budgeted volume of 81,000 units produced
and sold each year. National uses cost-plus pricing methods to set
its target selling price....
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