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 = $25
Direct Labor = 30
Manufacturing overhead = 45
Total costs = $100
Each Section should be COMPLETED with correct answers to get an A+ for this Cramster Question. These are the Instructions;accurately answer to get the Maximum Karma Pts.
(a) Assume that Mucky Duck uses cost-plus pricing, setting the selling price 25% above its costs.
(1) What would be the price charged for the All-Body swimsuit?
(2) Under what 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? (Assume target costing)
Answer the instructions (A), 1,2 - (b) and (c)
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Accounting What is the Price Charged For The All-Body Swimsuit, Which considered manufacturing?...
Cost-plus pricing Accounting
Mucky Duck makes swimsuits and sells these suits directly to retailers. Although Mucky Duck has a variety of suits, it does not make the All-Body suit used by highlyskilled swimmers. The market research department believes that a strong market exists for this type of suit. The department indicates that the All-Body suit would sellfor approximately $110. Given it experience, Mucky Duck believes the All-Body suit would have the following manufacturing cost.Direct matierials----$25Direct Labor---$30Manufacturing Overhead-----$45Total costs---$100a. Assume that Mucky Duck uses...
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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...
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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...
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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...
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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
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Its all one problem, just had to post it in two different
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