Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

need help for my blank space?thank u .. 9 https//myaccountinglab Test aspx?testid, Mitz P Launch yi zhang P Take Test-yi shang MyAccountingLab uiz: Help yi

need help for my blank space?thank u image text in transcribed
image text in transcribed
image text in transcribed
.. 9 https//myaccountinglab Test aspx?testid, Mitz P Launch yi zhang P Take Test-yi shang MyAccountingLab uiz: Help yi zhang4/9/15 1:47 P Chapter 8 Qubz 4 This Test: 25 pts Sesne Builders buids 1.500-squaroto t starter tract homes in the fast-powing Suburbs of Abany Land Seane Bulders would ike to ean a proft of 14% of the an ble cost of each home sale Smla homes and labor are cheap, and competition among developers is fierce. The homes are "cookie-cuter."with offered by competing builders sell for $204000 each any upgrades added by the buyer ater the sale Sesnie Builders cost per developed sublot are as Read the teqirements ollows ) (Click the icon to view the costs ) ill ned to emphasize a target costng approach to pricing Because the tract homes are [not unique and face sf compettion, Sesnie will ot have much control over picing Sesnie will need to emphasize a Requirement 2. Will Sesnie Builders be able to achieve its target proft levels? Show your computations Complete the following table to show whether Sesnie Builders will be able to achieve their targst profit levels(Use par Land Revenue at market price Less Desired proft Target cost per home Less Actual cument variable cost Expected excess profit (proft shorttall) Choose from Data Table 0 Construction Landscaping Variable marketing costs $ 57000 125,000 6,000 3,000 PrintDone any list or enter any number in the input fields, then contnue to the next

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

Key Concepts In Primary Science Audit And Subject Knowledge

Authors: Vivian Cooke, Colin Howard

1st Edition

1910391506, 978-1910391501

More Books

Students also viewed these Accounting questions