Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Delish Foods selis jars of special spices used in ltalian cooking. The varable cost is $1 per unit. Fixed costs are $9.000.000 per year. It

image text in transcribed
Delish Foods selis jars of special spices used in ltalian cooking. The varable cost is $1 per unit. Fixed costs are $9.000.000 per year. It has $42,000,000 of average assets and the desired proft is a 4% return on assets, Delish Foods selis 5,000,000 unts per year. The company uses cost - plus pricing becauce a is the only company that producns this kind of product Using cost - plus preing mothodology delermine the saies price por unit, (Round your amwer to the nearest cent) A. $2.80 8. 5100 c. $125 D. 53.14 Delish Foods selis jars of special spices used in ltalian cooking. The varable cost is $1 per unit. Fixed costs are $9.000.000 per year. It has $42,000,000 of average assets and the desired proft is a 4% return on assets, Delish Foods selis 5,000,000 unts per year. The company uses cost - plus pricing becauce a is the only company that producns this kind of product Using cost - plus preing mothodology delermine the saies price por unit, (Round your amwer to the nearest cent) A. $2.80 8. 5100 c. $125 D. 53.14

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

Managerial Accounting

Authors: John J. Wild, Ken W. Shaw

2010 Edition

9789813155497, 73379581, 9813155493, 978-0073379586

More Books

Students also viewed these Accounting questions

Question

Explain in detail how the Mughal Empire was established in India

Answered: 1 week ago

Question

Problem: Evaluate the integral: I - -[ze dx

Answered: 1 week ago