Question
1- A qualitative characteristic that may impact upon capital investment analysis is manufacturing flexibility. True False ---------------- 3 - Define nonfinancial performance measures. What are
1- A qualitative characteristic that may impact upon capital investment analysis is manufacturing flexibility.
True
False
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3 -
Define nonfinancial performance measures. What are they used for and what are some common examples?
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4-
Dotterel Corporation uses the variable cost concept of product pricing. Below is cost information for the production and sale of 35,000 units of its sole product. Dotterel desires a profit equal to a 11.2% rate of return on invested assets of $350,000.
Fixed factory overhead cost | $105,000 |
Fixed selling and administrative costs | 35,000 |
Variable direct materials cost per unit | 4.34 |
Variable direct labor cost per unit | 5.18 |
Variable factory overhead cost per unit | .98 |
Variable selling and administrative cost per unit | .70 |
The markup percentage for the sale of the company's product is:
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