The fashion-plus clothing company (fpcc) is a well-known manufacturer of high quality clothing. fpcc is planning to introduce a new line of men's sport shirts next year. fpcc knows what it will cost to produce the shirts: cloth $2.20 per shirt
buttons .05 per shirt
thread .05 per shirt
direct labor 1.33 per shirt
shipping .27 per packaged shirtfpcc wants to follow a penetration pricing strategy in which the shirts will be priced $15.00 in the retail store. retailers are accustomed to a 40% markup on shirts. fpcc knows that it will incur advertising and selling costs of $30,000 the first year in order to introduce the new line. other fixed costs for the new shirts will be around $117,660. required: 1. what dollar sales will fpcc need to have at manufacturer's prices before it starts making a profit?

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?

Henry crouch's law office has traditionally ordered ink refills 55 units at a time. the firm estimates that carrying cost is 35% of the $11 unit cost and that annual demand is about 240 units per year. the assumptions of the basic eoq model are thought to apply. for what value of ordering cost would its action be optimal? a) for what value of ordering cost would its action be optimal?

The uptowner just paid an annual dividend of $4.12. the company has a policy of increasing the dividend by 2.5 percent annually. you would like to purchase shares of stock in this firm but realize that you will not have the funds to do so for another four years. if you require a rate of return of 16.7 percent, how much will you be willing to pay per share when you can afford to make this investment?