FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Bramble Corp. has gathered the following information concerning one model of shoe: Variable manufacturing costs $35000 Variable selling and administrative costs $25000 Fixed manufacturing costs

Bramble Corp. has gathered the following information concerning one model of shoe: Variable manufacturing costs $35000 Variable selling and administrative costs $25000 Fixed manufacturing costs $160000 Fixed selling and administrative costs $120000 Investment $1700000 ROI 30% Planned production and sales 5000 pairs What is the markup percentage? 182% 850% 262% 150%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Development Of Integrated Reporting In The SME SectorCase Studies From European Countries

Development Of Integrated Reporting In The SME SectorCase Studies From European Countries

Authors: Joanna Dyczkowska, Andrea Szirmai Madarasine, Adriana Tiron-Tudor

1st Edition

3030819027, 9783030819026

More Books

Students also viewed these Accounting questions

Question

★★★★★
Assume that early in year 1, Marginal Company purchased equipment at a cost of $520,000. Management expects the equipment to remain in service for five years, with zero residual value. Marginal...

Answered: 1 week ago

Question

★★★★★
Recognize when and how to involve legal counsel on a Medicare or Medicaid reimbursement issue or other financial matter that has regulatory compliance implications or would otherwise require you to...

Answered: 1 week ago

Question

★★★★★
In your opinion, why has the number of disorders defined by successive editions of the DSM continued to increase?

Answered: 1 week ago

Question

★★★★★
The Short-Line Railroad is considering a $140,000 investment in either of two companies. The cash flows are as follows: a. Using the payback method, what will the decision be? b. Explain why the...

Answered: 1 week ago

Question

★★★★★
Every line of code that runs in Java must be inside a class True False

Answered: 1 week ago

Question

★★★★★
Starlite Resorts is a 4 star luxury hotel chain headquartered in Honolulu, Hawaii. They also have locations in Malibu, California, Miami Beach and Sea Island, Georgia. The resorts all have 4 star...

Answered: 1 week ago

Question

★★★★★
2) Draw the Mohr's circle diagram, find the principal stresses (i.e., normal and shear), and determine the angle from the x-axis to the direction of the first principle stress 1. x = 6 MPa, y = -5...

Answered: 1 week ago

Question

★★★★★
For the beam shown, find the reactions at the supports and plot the shear-force and bending-moment diagrams. V=9 kN, V2= 9 kN, V3=200 mm, and V4 = 1100 mm. Provide values at all key points shown in...

Answered: 1 week ago

Question

★★★★★
F | Pic 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Chrome File Edit View History Gmail Uplo X W YouTube Ade X 1 = Adeyemi Case Narrative.pdf 2 Maps Bookmarks Profiles Tab Window Ade X...

Answered: 1 week ago

Question

★★★★★
a. Based on the data provided in the case (e.g., Table 2), what is the approximate level of planned plant efficiency (i.e., total SAM output planned per month, relative to total minutes of all...

Answered: 1 week ago

Question

★★★★★
2. 1072 college students were classified according to their intelligence and economic conditions. Test whethre there is any association between intelligence and economic conditions: Economic...

Answered: 1 week ago

Question

★★★★★
Suppose you have been asked to perform a task analysis for the job of dispatcher in a city police department. Which method(s) of task analysis do you think would be most appropriate for analyzing...

Answered: 1 week ago

Question

★★★★★
What are the three essential features of an effective HRD or training program objective? Why is each one so important? Discuss training or classroom experiences that you have had where objectives...

Answered: 1 week ago

Question

★★★★★
What is the relationship between organizational needs analysis and strategic planning? How can tying HRD programs to an organizations strategic plan make it easier to justify requests for resources...

Answered: 1 week ago

Previous Question Next Question