A company expects to produce and sell 15000 units of a

Assignment Help Accounting Basics

Reference no: EM13574991

A company expects to produce and sell 15,000 units of a single product. Management desires a 15% return on assets of $2,000,000. The following additional company information is available:

Variable costs(per unit)
Production costs $65
Nonproduction costs $7
Fixed costs (in total)
Overhead $97,000
Nonproduction $23,000

Compute selling price per unit given that markup percentage equals desired profit divided by total costs.

$80
$100
$20
$72
$92

Reference no: EM13574991

Questions Cloud

Harte systems inc a maker of electronic surveillance : present value of a mixed stream harte systems inc. a maker of electronic surveillance equipment is considering selling

The selling prices in thousands of dollars for a sample of : question the selling prices in thousands of dollars for a sample of 15 recreational vehicles sold by getaway rvs and

What is the amount of the payments that karla zehms must : using a financial calculator provide a solution to each of the following questions.a what is the amount of the

Reviewing your answers in parts a b and c describe the : time to repay installment loan mia salto wishes to determine how long it will take to repay a loan with initial

A company expects to produce and sell 15000 units of a : a company expects to produce and sell 15000 units of a single product. management desires a 15 return on assets of

Total sales at a store are 1000000 and 80 of those sales : total sales at a store are 1000000 and 80 of those sales are credit. the beginning balance and ending accounts

Risk and probability micro-pub inc is considering the : risk and probability micro-pub inc. is considering the purchase of one of two microfilm cameras r and s. both should

The companys controller believes that the estimate may be : maxim produces kitchen tools and operates several divisions as profit centers. north division produces a product that

Assume that a country estimates its m1 money supply at : 8. assume that a country estimates its m1 money supply at 20million. a broader measure of the money supply m2 is 50

User Account

All Pages