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Johnson, Inc produces a special wrench The target sales price is $80 per unit. The company desires a 70% net profit margin on its products,
Johnson, Inc produces a special wrench The target sales price is $80 per unit. The company desires a 70% net profit margin on its products, What is the company's target full-product cost per unit using target pricing? O A $112 B. 558 OC. 24 OD. $80 Product A has a variable cost of $13 per unit and product B has a variable cost of $8 per unit. If a company makes 120 units of Product A and 120 units of Product B, what is the total variable costs for both products? O A $3.120 OB. $1.560 C. $960 D. $2.520 OOO Tanner, Inc reports the following information: Units produced 200 units Units sold 200 units Sales price $250 per unit Direct materials $32 per unit Direct labor $23 per unit Variable manufacturing overhead $13 per unit Foxed manufacturing overhead $1.400 per year Variable selling and administrative costs $2 per unit Fixed selling and administrative costs $10 600 per year What is the unit product cost using variable costing? A. $175 B. $75 C. $182 D. 588 Events Party Planners, Inc provides party planning services. The following financial data have been provided. Service Revenue $308,000 Party Supplies Used 129,000 Wages Expense 35,000 Office Rent Expense 3,600 Depreciation Expense-Equipment 1,400 Calculate the operating income for the company O A $139,000 B. $140.400 C. $144,000 OD. $273.000
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