Question
The answers below were said to be wrong. So, give the CORRECT answers and show COMPLETE solution. Material Costs: Material Cost 175.35 Rattan 92.45 Wires
The answers below were said to be wrong. So, give the CORRECT answers and show COMPLETE solution.
Material Costs: Material Cost 175.35 Rattan 92.45 Wires 31.50 Operational Cost 55.00 Abaca 51.40 TOTAL PRODUCT COST 230.35 Operational Costs: Transportation 20.00 Labor 35.00 Desired Profit 45% Formula: Material Cost Operational Cost Desired Proft Sum of all the cost of materials Sum of all the cost of operation (transpo, labor, pameryenda, etc) ideally 20-percent to 50-percent Selling Price Sum of Product Cost and Desired profit Total Product Cost 230.35 Desired Profit 103.65 TOTAL SELLING PRICE 334
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
5th edition
9780133851281, 013385129x, 9780134077321, 133866297, 133851281, 9780133851298, 134077326, 978-0133866292
