A company expects to produce and sell 9000 units of a

Assignment Help Accounting Basics
Reference no: EM13598495

A company expects to produce and sell 9,000 units of a single product. Management desires an 18% return on assets of $1,750,000. The following additional company information is available:

  • Variable cost (per unit)
  • Production cost $79
  • Non-Production cost $5
  • fixed costs
  • Overhead $279,000
  • non-prouction $90,000

Compute markup per unit. Assume that markup percentage equals desired profit divided by total costs.

  1. $84
  2. $125
  3. $160
  4. $35
  5. $110

Reference no: EM13598495

Questions Cloud

The mad hatter company owns a machine which manufactures : the mad hatter company owns a machine which manufactures two types of chimney caps. production time is .20 hours for
Some people argue that having various organizations : some people argue that having various organizations establish accounting standards is wasteful and inefficient. rather
Paz inc manufactures a product which contains a small motor : paz inc. manufactures a product which contains a small motor. the company has always purchased this motor from a
What are the relative advantages of fixed vs variable : what are the relative advantages of fixed vs. variable costs? in a start-up business would it be more advantageous to
A company expects to produce and sell 9000 units of a : a company expects to produce and sell 9000 units of a single product. management desires an 18 return on assets of
Aaa company produces and sells 6000 desks per year at a : aaa company produces and sells 6000 desks per year at a selling price of 500 each. its current production equipment
Compute the amount of macrs depreciation for the above : in january 2011 rogers co. purchased a machine that cost 85000. the equipment is estimated to have a 5-year life and a
500 is invested each quarter into a retirement account that : 500 is invested each quarter into a retirement account that has annaul earnings of 9.3 percent compounded quarterley.
Robin corporation accepted credit cards for 34200 of : robin corporation accepted credit cards for 34200 of services performed in october 2011. the credit card company

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd