Question
It is Top management policy to maintain the present gross margin percentage. What price should the company charge for its one inch drill if sales
It is Top management policy to maintain the present gross margin percentage. What price should the company charge for its one inch drill if sales are expected to go up to 7000units and $9600 of Manufacturing overhead is fixed.
- Determine the gross margin for 5000 units that sell for $15 per unit , you will first have to findfollowing
Direct Materials
Direct Labor
Indirect Materials
Manufacturing Overhead
Determine the following for selling 7000 units
Direct materials
Direct Labor
Indirect Materials
Manufacturing Overhead
Determine Gross Margin
PLEASE EXPLAIN LOL. THANK YOOOU!
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Government and Not-for-Profit Accounting Concepts and Practices
Authors: Michael H. Granof, Saleha B. Khumawala, Thad D. Calabrese, Daniel L. Smith
8th edition
1119495814, 1119495857, 1119495819, 9781119495819 , 978-1119495857
