Cost-plus pricing Accounting
Direct matierials----$25
Direct Labor---$30
Manufacturing Overhead-----$45
Total costs---$100
a. Assume that Mucky Duck uses cost-plus pricing, setting the selling price 24% above it cost. (1)What would be the price charged for the All-Body swimsuit? (2)Underwhat circumstances might Mucky Duck consider manufacturing the All-Body swimsuit given this approach?
b. Assume that Mucky Duck uses target costing. What is the price that Mucky Duck would charge the retailer for the All-Body swimsuit?
c. What is the highest acceptable manufacturing cost Mucky Duck would be willing to incur to produce the All-Body swimsuit, if it desired a profit of 25 perunit?
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Accounting What is the Price Charged For The All-Body Swimsuit, Which considered manufacturing?...
Mucky Duck makes swimsuits and sells these suits directly to retailers. Although Mucky Duck has a variety of suits, it does not make theAll-body suit used by highly skilled swimmers. The market research department believes that a strong market exists for this type of suit. The department indicatesthat the All-Body suit would sell for approximately $110. Given its experience, Mucky Duck believes the All-Body suit would have the following manufacturingcosts.Direct Materials = $25Direct Labor = 30Manufacturing overhead = 45Total costs...
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just E.82
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just E. 8.4 c. What is the highest acceptable manufacturing cost Leno would be willing to...
just E. 8.4
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follows:
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markup percentage of 80% of total manufacturing cost) to establish
selling prices for all of its jobs. What selling price would the
company have established for Jobs P and Q? What are the selling
prices for both jobs when stated on a per unit basis assuming 20
units were produced for Job P and 30 units were produced for Job Q?
(Do not round intermediate calculations. Round your final answer...
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Help I makes swimsuits and sells these suits directly to Leno Company swimmers. The market research department believes that a strong market exásts for this type of suit. The department indicates that the All-Body suit would sell for Although Leno has a variety of suits, it does not make the All-Body suit used by highly skilled Direct materials Direct labor $25 32 Total costs $103 Assume that Leno uses cost plus pricing, setting the selling price 20% above its costs...
just E.82
Sve cusung particularly helpful in deciding whether to produce a given product? Compute targe 1.0.2 (LO 1), AP Eckert Company is involved in producing and selling high-end golf equipment. The company has recently been involved in developing various types of laser guns to measure yardages on the golf course. One small laser gun, called LittleLaser, appears to have a very large potential market. Because of competition, Eckert does not believe that it can charge more than $90 for...
just E. 8.4
c. What is the highest acceptable manufacturing cost Leno would be willing to incur to produce the All-Body swimsuit, if it desired a profit of $25 per unit? (Assume target costing.) E8.4 (LO 2), AP Kaspar Corporation makes a commercial-grade cooking griddle. The following infor mation is available for Kaspar Corporation's anticipated annual volume of 30,000 units. Per Unit Total Direct materials $17 Direct labor $ 8 Variable manufacturing overhead $11 Fixed manufacturing overhead $300,000 Variable selling...
Gerber Clothing Inc. has designed a rain suit for outdoor
enthusiasts that is about to be introduced on the market. A
standard cost card has been prepared for the new suit, as
follows:
Gerber Clothing Inc. has designed a rain suit for outdoor enthusiasts that is about to be introduced on the market. A standard cost card has been prepared for the new suit, as follows: Direct materials Direct labour Manufacturing overhead (1/6 variable) Standard Quantity or hours 2.4 metres...
14. Assume that Sweeten Company used cost-plus pricing (and a
markup percentage of 80% of total manufacturing cost) to establish
selling prices for all of its jobs. What selling price would the
company have established for Jobs P and Q? What are the selling
prices for both jobs when stated on a per unit basis assuming 20
units were produced for Job P and 30 units were produced for Job Q?
(Do not round intermediate calculations. Round your final answer...
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