Business, 02.12.2019 18:31 Wanna14ever

Magpie corporation uses the total cost concept of product pricing. below is the cost information for the production and sale of 56,000 units of its sole product. magpie desires a profit equal to a 23% rate of return on invested assets of $567,000.

fixed factory overhead cost $37,500
fixed selling and administrative costs 7,900
variable direct materials cost per unit 4.72
variable direct labor cost per unit 1.88
variable factory overhead cost per unit 1.13
variable selling and administrative cost per unit 4.50
the dollar amount of desired profit from the production and sale of the company's product is:

a. $130,410

b. $567,000

c. $104,328

d. $260,820

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 02:30

The dollar value generated over decades of customer loyalty to your company is known as brand equity. viability. sustainability. luck.

Answers: 1

Answer

Business, 22.06.2019 17:30

Aproject currently generates sales of $14 million, variable costs equal 50% of sales, and fixed costs are $2.8 million. the firm’s tax rate is 40%. assume all sales and expenses are cash items. (a). what are the effects on cash flow, if sales increase from $14 million to $15.4 million? (input the amount as positive value. enter your answer in dollars not in (b) what are the effects on cash flow, if variable costs increase to 60% of sales? (input the amount as positive value. enter your answers in dollars not in millions). cash flow (increase or decrease) by $

Answers: 2

Answer

Business, 22.06.2019 19:40

An increase in the market price of men's haircuts, from $16 per haircut to $26 per haircut, initially causes a local barbershop to have its employees work overtime to increase the number of daily haircuts provided from 20 to 25. when the $26 market price remains unchanged for several weeks and all other things remain equal as well, the barbershop hires additional employees and provides 40 haircuts per day. what is the short-run price elasticity of supply? nothing (your answer should have two decimal places.) what is the long-run price elasticity of supply? nothing (your answer should have two decimal places.)

Answers: 1

Answer

Business, 23.06.2019 00:00

The undress company produces a dress that women use to quickly and easily change in public. the company is just over a year old and has been successful through a kickstarter campaign. the undress company has identified a customer segment, but if it wants to reach a larger customer segment market outside of the kickstarter family, what question must it answer?

Answers: 1

Answer

You know the right answer?

Magpie corporation uses the total cost concept of product pricing. below is the cost information for...

Questions