subject
Business, 22.07.2019 19:30 zhellyyyyy

Smart stream inc. uses the product cost method of applying the cost-plus approach to product pricing. the costs of producing and selling 10,000 cell phones are as follows: variable costs per unit: fixed costs: direct materials $150 factory overhead $350,000 direct labor 25 selling and administrative expenses 140,000 factory overhead 40 selling and administrative expenses 25 total variable cost per unit $240 smart stream desires a profit equal to a 30% return on invested assets of $1,200,000. a. determine the amount of desired profit from the production and sale of 10,000 cell phones. $ b. determine the product cost per unit for the production of 10,000 units of cell phones. $ per unit c. determine the product cost markup percentage for cell phones. % d. determine the selling price of cell phones. round to the nearest dollar. total cost $ per unit markup per unit selling price $ per unit

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 09:20
Which statement best explains the relationship between points a and b? a. consumption reaches its highest point, and then supply begins to fall. b. inflation reaches its highest point, and then the economy begins to expand. c. production reaches its highest point, and then the economy begins to contract. d. unemployment reaches its highest point, and then inflation begins to decrease.
Answers: 2
question
Business, 22.06.2019 11:30
Leon and sara are arguing over when the best time is to degrease soup. leon says that it's easiest to degrease soup when it's boiling. sara says it's easiest to degrease soup when it's cold. who is correct? a. neither leon nor sara is correct. b. leon is correct. c. both leon and sara are correct. d. sara is correct. student b   incorrect which following answer correct?
Answers: 1
question
Business, 22.06.2019 15:30
In 2015, lori assigned a paid-up whole life insurance policy to an irrevocable life insurance trust (ilit) for the benefit of her three children. the ilit contained a crummey provision for the benefit of each child. at the time of the transfer, the whole life insurance policy was valued at $200,000, and since lori had not made any other taxable gifts during her lifetime, she did not owe any gift tax. lori died in 2016, and the face value of the whole life insurance policy of $2,000,000 was paid to the ilit. regarding this transfer, how much is included in lori’s gross estate at her death?
Answers: 1
question
Business, 22.06.2019 19:50
The new york company produces high quality chairs. variable manufacturing overhead is applied at a standard rate of $12 per machine hour. each chair requires a standard quantity of six machine hours. production for the month totaled 4,000 units. calculate: the standard cost per unit for variable overhead. select one: a. $130,000 b. $192,000 c. $90,000 d. $100,000
Answers: 2
You know the right answer?
Smart stream inc. uses the product cost method of applying the cost-plus approach to product pricing...
Questions
question
Mathematics, 17.12.2020 19:50
Questions on the website: 13722360