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Hello, can you please help me with my homework thank you! Ahmed Corporation makes a mechanical stuffed alligator. The following information is available for Ahmed
Hello, can you please help me with my homework thank you!
Ahmed Corporation makes a mechanical stuffed alligator. The following information is available for Ahmed Corporation's expected annual volume of 500,000 units: Per Unit Total Direct materials $12 Direct labour 9 Variable manufacturing overhead 12 Fixed manufacturing overhead $325,000 Variable selling and administrative expenses 6 Fixed selling and administrative expenses 175,000 The company has a desired ROI of 30%. It has invested assets of $23,700,000.Lasik Look produces and sells high-end golf equipment. The company has recently been involved in developing various types of laser guns to measure distances on the golf course. The potential market for one small laser gun, the LittleLasik, appears to be very large. Because of competition, Lasik Look does not believe that it can charge more than $125 for LittleLasik. At this price, Lasik Look believes it can sell 100,000 laser guns. LittleLasik will cost $9,740,000 to manufacture, and the company wants an ROI of 25%. Determine the target cost for one LittleLasik. (Round answer to 2 decimal places, e.g. 15.25.) $ Target costUsing absorption-cost pricing, calculate the markup percentage. (Round answer to 2 decimal places, e.g. 15.25%.) Markup percentage % eTextbook and Media Using variable-cost pricing, calculate the markup percentage. (Round answer to 2 decimal places, e.g. 15.25%.) % Markup percentage e Textbook and MediaCalculate the total cost per unit. (Round answer to 2 decimal places, e.g. 15.25.) to Total cost per unit e Textbook and Media Question Part Score --/1 Calculate the desired ROI per unit. (Round answer to 2 decimal places, e.g. 15.25.) $ Desired ROI per unitLafleur Corporation needs to set a target price for its newly designed product, M14-M16. The following data relate to it: Per Unit Total Direct materials $12 Direct labour 17 Variable manufacturing overhead 10 Fixed manufacturing overhead $2,970,000 Variable selling and administrative expenses 4 Fixed selling and administrative expenses 2,376,000 These costs are based on a budgeted volume of 297,000 units produced and sold each year. Lafleur uses cost-plus pricing to set its target selling price. The markup on the total unit cost is 40%. Calculate the total variable cost per unit, total fixed cost per unit, and total cost per unit for M14-M16. Total variable cost per unit $Calculate the markup percentage using the total cost per unit. (Round answer to 2 decimal places, e.g. 15.25%.) Markup percentage per unit % e Textbook and Media Question Part Score --/2 Calculate the target selling price. (Round answer to 2 decimal places, e.g. 15.25.) Target selling price $a Mechanical stuffed alligator. The following information is available f6? nnual volume of 500,000 units: Calculate the total variable cost per unit, total fixed cost per unit, and total cost per unit for M14-M16. tA Total variable cost per unit Total fixed costs per unit $ $ Total cost per unit eTextbook and Media Question Part Score --/3 Calculate the desired markup per unit for M14-M16. (Round answer to 2 decimal places, e.g. 15.25.) $ Markup per unitCalculate the target selling price for M14-M16. (Round answer to 2 decimal places, e.g. 15.25.) Target selling price $ e Textbook and Media Question Part Score --/2 Assuming that 237,600 M14-M16s are produced during the year, calculate the variable cost per unit, fixed cost per unit, and total cost per unit. (Round answers to 2 decimal places, e.g. 15.25.) tA Total variable cost per unit tA Total fixed costs per unit $ Total cost per unitStep by Step Solution
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