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

Question

1 Approved Answer

How to calculate Cost Plus and absorpion osting from the data below. a. Cost Plus sell price (I+ markup percentage) cost b. Absorption Costing .

How to calculate Cost Plus and absorpion osting from the data below.

image text in transcribed

a. Cost Plus sell price (I+ markup percentage) cost b. Absorption Costing . List all the steps in your calculation. Here is what we know: Investment cost is $1,000,000 ROI requirement 30% Variable Cost $400/unit Fixed manufacturing cost $300/unit Units to sell: 5,000 first year Sales & Admin cost $70,000/year

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

Handbook Of Energy Audits

Handbook Of Energy Audits

Authors: Prentice-Hall

1st Edition

ISBN: 0881731285, 978-0881731286

Students also viewed these Accounting questions

Question

★★★★★
Light of (angular) frequency ro passes from medium 1, through a slab (thickness d) of medium 2, and into medium 3 (for instance, from water through glass into air, as in Fig. 9.27). Show that the...

Answered: 1 week ago

Question

★★★★★
Write an equation of the line that passes through point P and is perpendicular to the line with the given equation. P(0,5), x = 20

Answered: 1 week ago

Question

★★★★★
Subordinates speak more openly with leaders even during disagreements.

Answered: 1 week ago

Question

★★★★★
For many years, Diehl Company has produced a small electrical part that it uses in the production of its standard line of diesel tractors. The company's unit product cost for the part, based on a...

Answered: 1 week ago

Question

★★★★★
How to calculate Cost Plus and absorpion osting from the data below. a. Cost Plus sell price (I+ markup percentage) cost b. Absorption Costing . List all the steps in your calculation. Here is what...

Answered: 1 week ago

Question

★★★★★
TheQueen(on theapplicationofAlfred McConnell,YY(byhis litigation friend Claire Brooks)) v The Registrar General for England and Wales v Secretary of State for Heath and Social Care, Minister for...

Answered: 1 week ago

Question

★★★★★
A parts supply store orders a particular item on a weekly basis. The weekly demand is 3 0 units with a standard deviation of four units. The holding cost is $ 5 per unit per week and a 9 0 % in -...

Answered: 1 week ago

Question

★★★★★
analyze the decision of IKEA to enter the bricks and mortar US retail environment with its largest investment in a single country yet (Reuters, 2023). Is IKEA's counterintuitive move based on sound...

Answered: 1 week ago

Question

★★★★★
Chikako is applying for a full-time, salaried position as an administrative assistant with Hitachi Systems, LLC. During the interview process, Chikako explains that she has low vision and will need...

Answered: 1 week ago

Question

★★★★★
Mike, Miko, Michael and Mikhael formed a partnership several years ago. They have decided to terminate operations and liquidate the business. The following balance sheet is drawn up as a guideline...

Answered: 1 week ago

Question

★★★★★
Millikan Oil Drop Lab Purpose . to explore the Millikan Oil Drop experiment . determine the value of the elementary charge Apparatus...

Answered: 1 week ago

Question

★★★★★
2. What did you do in response to the challenge? How did your responses improve your ability to cope or make you stronger, more flexible, or capable?

Answered: 1 week ago

Question

★★★★★
2. What advice will you give her? What do you think are some of the sources of her stress? How will you work with her to develop strategies for reducing her stress?

Answered: 1 week ago

Question

★★★★★
1. How do you think and feel about the challenge now, and how did you at the time you faced it?

Answered: 1 week ago

Previous QuestionNext Question