Based on the data presented in Exercise 12-15, assume that Global Devices Inc. uses the product cost
Question:
Based on the data presented in Exercise 12-15, assume that Global Devices Inc. uses the product cost concept of applying the cost-plus approach to product pricing.
a. Determine the total manufacturing costs and the cost amount per unit for the production and sale of 80,000 units of computer tablets.
b. Determine the product cost markup percentage for computer tablets.
c. Determine the selling price of computer tablets.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (18 reviews)
a b c Cost amount per unit 15000 Markup 150 215 ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Managerial Accounting questions
-
Based on the data presented in Exercise 6-26, journalize Bitone Co.s entries for (a) The purchase, (b) The return of the merchandise for credit, and (c) The payment of the invoice within the discount...
-
Based on the data presented in Exercise 5-23, Journalize Boyle Co.s entries for (a) The purchase, (b) The return of the merchandise for credit, and (c) The payment of the invoice within the discount...
-
Based on the data presented in Exercise 5-28, journalize Beta Co.s entries for (a) The purchase, (b) The return of the merchandise for credit, and (c) The payment of the invoice within the discount...
-
where a bank's liabilities can be withdrawn in the short-term while its assets are being repaid in the long-term.
-
Explain the following: (a) Cyclononatetraenyl anion is planar (in spite of the angle strain involved) and appears to be aromatic. (b) Although [16]annulene is not aromatic, it adds two electrons...
-
Make a table in which you list all possible outcomes of rolling two dice. Call the dice A and B. What is the probability of rolling (a) A 7, (b) Any double, (c) A 6 or an 8? You can give the...
-
In the section on the yield to call, a bond pays annual interest of $80 and matures after ten years. The bond is valued at $1,147 if the comparable rate is 6 percent and the bond is held to maturity....
-
Now assume that Chelene knew that the basement walls were cracked and bowed and that she had hired someone to install paneling prior to offering to sell the house. Did she have a duty to disclose...
-
lang inc purchases 1000 shares of its own previously issued $5 par common stock for $15000.
-
How people use, access, and discover data in business is being actively disrupted by tablets, which had been designed for consumers. Users have higher expectations for data displays and capabilities....
-
Global Devices Inc. uses the total cost concept of applying the cost-plus approach to product pricing. The costs of producing and selling 80,000 units of computer tablets are as follows: Global...
-
Based on the data presented in Exercise 12-15, assume that Global Cellular Inc. uses the variable cost concept of applying the cost-plus approach to product pricing. a. Determine the variable costs...
-
Credit Policy Evaluation Consider the information in the following table about two alternative credit strategies. The higher cost per unit reflects the expense associated with credit orders, and the...
-
Piperel Lake Resort's four employees are paid monthly. Assume an income tax rate of 20%. Required: Complete the payroll register below for the month ended January 31, 2021. (Do not round intermediate...
-
4. [Communication network 1] Consider the communication network shown in the figure below and suppose that each link can fail with probability p. Assume that failures of different links are...
-
The 60 deg strain gauge rosette is mounted on the bracket. The following readings are obtained for each gauge a = 100 106, b = 250 106, and c = 150 106. Determine: (a) the strains x, y, and xy for...
-
Assume the ledge has the dimensions shown and is attached to the building with a series of equally spaved pins around the circumference of the building. Design the pins so that the ledge can support...
-
Describe in detail about the arterial supply and venous drainage of heart with its Applied Anatomy?
-
Sales Discounts} CORNERSTONE 5.1 Rama Inc. provided consulting services with a gross price of \(\$ 40,000\) and terms of \(2 / 10, n / 30\). \section*{Required:} 1. Prepare the necessary journal...
-
-x/2 x/4 If A = -x/2 and A-1 =6 then x equals
-
Determine \(\boldsymbol{Y}_{\text {bus }}\) in per unit for the circuit in Problem 7.12. Then invert \(\boldsymbol{Y}_{\text {bus }}\) to obtain \(\boldsymbol{Z}_{\text {bus }}\). Problem 7.12...
-
The following information is available for the first month of operations of Url Inc., a manufacturer of art and craft items: Sales.................... $1,200,000 Gross profit.....................
-
An incomplete subsidiary ledger of wire cable for May is as follows: a. Complete the materials issuances and balances for the wire cable subsidiary ledger.b. Determine the balance of wire cable at...
-
Materials issued for the current month are as follows: a. Determine the amount of materials transferred to work-in-process and factory overhead for the current month.b. Illustrate the effect on the...
-
Management makes many judgements and estimates in preparing accounts, some of which will have a significant effect on the reported results and financial position. Give examples of ZAIN estimates and...
-
What is the NPV of a project with an initial investment of $350,000 and annual cash inflows of $150,000 for the next 10 years? Cost of capital is 13% A $436,721.21 B $442,901.59 C $452,932.43 D...
-
Journal DATE DESCRIPTION POST. REF. DEBIT CREDIT 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Joumalize the entries for the following transactions. Refer to the Chart of Accounts for exact wording of...
Study smarter with the SolutionInn App