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During the current year, Crane Corporation expects to produce 10,000 units and has budgeted the following: net income $246,000 variable costs $738,000; and fixed costs
During the current year, Crane Corporation expects to produce 10,000 units and has budgeted the following: net income $246,000 variable costs $738,000; and fixed costs $287.000. It's investment in assets is $1,435,000. The company's budgeted ROlis 20% What is its budgeted markup percentage using the full-cost approach? (Round your intermediate calculations rounded to 2 decimal places, es 52.75. Round answer to o decimal places, e.g. 20%.) Budgeted markup percentage % Blossom Company, a division of Dudge Cars, produces solar batteries, Blossom sells the batteries to its customers for $74 per unit. The unit variable cost is $34 and unit fixed cost are $13. Top management of Dudge Cars would like Blossom to transfer 30,000 batteries to another division within the company at a price of $37. Blossom has sufficient excess capacity to provide the 30,000 batteries to the other division Compute the minimum transfer price that Blossom should accept. Minimum transfer price $ Concord Company reported the following information for 2019: October November December Budgeted sales $318.000 $ 334,000 $368.000 Budgeted purchases 5123,500 $ 129,500 $ 143,000 All sales are on credit Customer amounts on accountare collected 40% in the month of sale and 60% in the folowgrooth Compute Concord's budgeted cash receipts for November Budgeted cash receipts for November S pTerthor
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