subject
Business, 28.11.2019 22:31 conner87

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

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 22:50
Synovec co. is growing quickly. dividends are expected to grow at a rate of 24 percent for the next three years, with the growth rate falling off to a constant 7 percent thereafter. if the required return is 11 percent, and the company just paid a dividend of $2.05, what is the current share price? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Answers: 2
question
Business, 22.06.2019 09:00
Consider the scenario below and let us know if you believe lauren smith's actions to be ethical. let us know why or why not. lauren smith is the controller for sports central, a chain of sporting goods stores. she has been asked to recommend a site for a new store. lauren has an uncle who owns a shopping plaza in the area of town where the new store is to be located, so she decides to contact her uncle about leasing space in his plaza. lauren also contacted several other shopping plazas and malls, but her uncle’s store turned out to be the most economical place to lease. therefore, lauren recommended locating the new store in her uncle’s shopping plaza. in making her recommendation to management, she did not disclose that her uncle owns the shopping plaza. if management decided to go with lauren's uncle's plaza, what additional information would be needed in the financial statements?
Answers: 2
question
Business, 22.06.2019 12:40
Alarge tank is filled to capacity with 500 gallons of pure water. brine containing 2 pounds of salt per gallon is pumped into the tank at a rate of 5 gal/min. the well-mixed solution is pumped out at the same rate. find the number a(t) of pounds of salt in the tank at time t.
Answers: 3
question
Business, 22.06.2019 13:40
After much consideration, you have chosen cancun over ft. lauderdale as your spring break destination this year. however, spring break is still months away, and you may reverse this decision. which of the following events would prompt you to reverse this decision? a. the marginal cost of going to cancun decreases.b. the marginal cost of going to ft. lauderdale decreases.c. the marginal benefit of going to cancun increases.d. the marginal benefit of going to ft. lauderdale decreases.
Answers: 2
You know the right answer?
Smart stream inc. uses the product cost concept of applying the cost-plus approach to product pricin...
Questions
question
Mathematics, 18.01.2020 01:31
question
Mathematics, 18.01.2020 01:31
question
Mathematics, 18.01.2020 01:31
question
Mathematics, 18.01.2020 01:31
Questions on the website: 13722367