Question
5. Calculate the financed price (60 days) for product X. Raw material cost: $ 18,00 per part Direct Labor Cost: $ 14,00 per part Sum
5. Calculate the financed price (60 days) for product X.
Raw material cost: $ 18,00 per part
Direct Labor Cost: $ 14,00 per part
Sum of Indirect Costs: $ 11,00 per part
Taxes (brazilian):
ICMS = 20%
Pis e Cofins = 5%
Profit = 12% from the in cash sale price
Selling Expenses = 20% from the in cash sale price
Finance cost = 9% per month
Notes:
1) unit taxes (percentage rates divided by 100) up to the 5th decimal place (without rounding) must be used.
2) Sales price (cash and financed) must be calculated to two decimal places (rounded to the 2nd decimal place).
3) The mark-up must be calculated with the maximum number of spaces after the comma.
5. Calculate the financed price (60 days) for product X. Raw material cost: $ 18,00 per part Direct Labor Cost: $ 14,00 per part Sum of Indirect Costs: $ 11,00 per part Taxes (brazilian): ICMS = 20% Pis e Cofins = 5% Profit = 12% from the in cash sale price Selling Expenses = 20% from the in cash sale price Finance cost. 9% per month Notes: 1) unit taxes (percentage rates divided by 100) up to the 5th decimal place (without rounding) must be used. 2) Sales price (cash and financed) must be calculated to two decimal places (rounded to the 2nd decimal place). 3) The mark-up must be calculated with the maximum number of spaces after the comma. 5. Calculate the financed price (60 days) for product X. Raw material cost: $ 18,00 per part Direct Labor Cost: $ 14,00 per part Sum of Indirect Costs: $ 11,00 per part Taxes (brazilian): ICMS = 20% Pis e Cofins = 5% Profit = 12% from the in cash sale price Selling Expenses = 20% from the in cash sale price Finance cost. 9% per month Notes: 1) unit taxes (percentage rates divided by 100) up to the 5th decimal place (without rounding) must be used. 2) Sales price (cash and financed) must be calculated to two decimal places (rounded to the 2nd decimal place). 3) The mark-up must be calculated with the maximum number of spaces after the comma
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