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(b.) Determine the desired ROI per session.= ??? (c.) Calculate the mark-up percentage on the total cost per session.= ??? (d.) Calculate the target price
(b.)
Determine the desired ROI per session.= ???
(c.)
Calculate the mark-up percentage on the total cost per session.= ???
(d.)
Calculate the target price per session= ???
do all 3 please thx
Crane's Recording Studio rents studio time to musicians in 2-hour blocks. Each session includes the use of the studio facilities, a digital recording of the performance, and a professional music producer/mixer. Anticipated annual volume is 1,000 sessions. The company has invested $2,316,000 in the studio and expects a return on investment (ROI) of 2096. Budgeted costs for the coming year are as follows. Total Per Session $20 $395 $45 Direct materials (CDs, etc.) Direct labor Variable overhead Fixed overhead Variable selling and administrative expenses Fixed selling and administrative expenses $945,000 $35 $490,000 Determine the total cost per session Total cost $ per session e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Donna Clark, a recent graduate of Bell's accounting program, evaluated the operating performance of Pharoah Company's six divisions. Donna made the following presentation to Pharoah's board of directors and suggested the Percy Division be eliminated. "If the Percy Division is eliminated." she said, "our total profits would increase by $27,100. Percy The Other Five Divisions Division Total Sales Cost of goods sold Gross profit Operating expenses $1,665,000 978,700 686.300 528,700 $157,600 $100,100 76,700 23.400 50,500 $(27.100) $1,765,100 1,055.400 709,700 579 200 $130.500 Net income In the Percy Division, cost of goods sold is $60,100 variable and $16,600 fixed, and operating expenses are $30,400 variable and $20.100 Fixed. None of the Percy Division's fixed costs will be eliminated if the division is discontinued. Is Donna right about eliminating the Percy Division? Prepare a schedule to support your answer. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses e.g. (45).) Net Income Increase (Decrease) Continue Eliminate Sales Variable costs Cost of goods sold Operating expenses Total variable Contribution margin Fixed costs Cost of goods sold Operating expenses Total fixed Net income (loss) Donnais Carla Vista Company estimates that unit sales will be 10,700 in quarter 1. 13.100 in quarter 2. 14,200 in quarter 3 and 18,300 in quarter 4. Using a sales price of $84 per unit. Prepare the sales budget by quarters for the year ending December 31, 2020. CARLA VISTA COMPANY Sales Budget QuarterStep by Step Solution
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