Compute the selling price for product z

Assignment Help Business Economics
Reference no: EM132794940

Willow Corporation manufactures and sells 20,000 units of Product Z each year. In order to produce and sell this many units, it has been necessary for the company to make an investment of $500,000 in Product Z. The company requires a 20% rate of return on all investments in products. Selling and administrative expenses associated with Product Z total $200,000 per year. The unit product cost of Product Z is $20. The company uses the absorption costing approach to cost-plus pricing described in the text. Compute the selling price for Product Z?

Reference no: EM132794940

Questions Cloud

Types of financial information : What types of financial information is needed to be a starting point for reaching this goal?
Which is the more dominate and impacting sense : Of the Five Sensory receptors named in the text, which is the more dominate and impacting sense for the Psychological make-up of an individual?
What is the patient disease process : What is the patient's disease process? Explain where is the patient in their disease process. Symptoms can indicate recovery or decline.
Does mean that debt policy is not important in real world : Modigliani and Miller (1958), and the impact of taxation on the capital structure debate. Does it mean that debt policy is not important in the real world?
Compute the selling price for product z : The company uses the absorption costing approach to cost-plus pricing described in the text. Compute the selling price for Product Z?
How to proceed with situation prior to seeking consultation : Create a vignette (this is not a real situation but an imaginary one) that outlines a potential ethical dilemma in family or group work.
What is alway target selling price per bar : Alway Candy Corporation is implementing a target costing approach for its latest new product, the "Big Glob" candy bar. The following information relates
What is the expected return on the portfolio : What is the expected return on the portfolio? You have 42% of your portfolio invested in stock A, 40% in stock B and the balance in stock C.
What is meant by the concept of derived demand : What is meant by the concept of derived demand? Why is it so important in the area of transportation for shippers and carriers? Please give some examples?

Reviews

Write a Review

Business Economics Questions & Answers

  Differentiating between market structures located on the

Read the instructions in the University of Phoenix Material: Differentiating Between Market Structures located on the student website and select one option to complete the assignment.

  What will be the long-run impact of the electronic payments

What can the central bank do, if anything, to counteract the short-run changes in output and prices? If the central bank does not take any policy actions, what will be the long-run impact of the electronic payments system on prices and output?

  Demand for insulin is almost completely price inelastic

A diabetic's demand for insulin is almost completely price inelastic. Draw a set of indifference curves and an appropriate budget constraint that would generate such a demand curve.

  What is the significance of the 2015 paris agreement

What is the significance of the 2015 Paris Agreement? How will it effect sustainability efforts worldwide.

  Q1 use this information to answer the next three questions

q1. use this information to answer the next three questions. sam sells shavers also alvin sells after cut off. imagine

  Fed conducted contractionary monetary policy

At the end of the third quarter of 2015, the money supply in the U.S. was $2 trillion. That is, the available currency and deposits in the U.S. during July, August, and September 2015 was two trillion dollars. During the fourth quarter of 2015, the F..

  Number of suppliers in the micro calculator

If the number of suppliers in the micro calculator industry increases, illustrate what would we expect to happen.

  Should the competitive firm produce

Suppose the competitive market price is $50, and a competitive firm’s total costs = 5q2 - 10q + 150 and marginal cost = 10q - 10. What is the market equilibrium price? Should the competitive firm produce q*? Explain why using one of the four key ques..

  Write the reduced form equation

a. Write the reduced form equation. b. Calculate the elasticity of dmand when the price of coal is Pc = $7.

  Curves for private marginal cost-marginal damages

Externalities. Consider the example of the perfectly competitive steel firm from class. The firm takes the market price p = $35 (per unit of steel) as given and chooses quantity q (units of steel) to maximize its profits. On a single graph, draw both..

  Charge of coding compliance at hospital

If you were in charge of coding compliance at your hospital, what are some key components of the coding compliance plan that you would include?

  Conviction that individuals had the inherent capacity

According to Van Wormer and Link (2015), conviction that individuals had the inherent capacity to achieve positive change through drawing on their own resources and on resources in their surroundings is fundamental to progressive social work. Describ..

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