Compute the selling price that will yield

Assignment Help Accounting Basics
Reference no: EM133185305

Question - The Aldine Co. furnished you with the following data:

Cost to make and sell P40

Volume of production and sales 50,000 gallons/annum

Capital employed P250,000

Required - Compute the selling price that will yield a 20% return on capital employed.

Reference no: EM133185305

Questions Cloud

How much is present value of the new and second hand boats : A company is going to buy some boats. The second hand boats will cost $1 million and last three years. How much is present value of new and second hand boats
Spoonful of Sugar-Philosophical positions : The line that is drawn between the philosophical positions on individual versus collective rights is different for everyone.
Identify current resources usage in the workplace : What steps will you follow to identify current resources usage in the workplace and Explain how technology and innovation can help organisation to improve
What are black jobs in sweden : What makes Sweden's welfare system different from the U.S. system? What are "black jobs" in Sweden? Does the U.S. have them?
Compute the selling price that will yield : The Aldine Co. furnished you with the following data: Cost to make and sell P40. Compute the selling price that will yield return
Prepare the journal entries required : In 2019, Richard Corp signed a contract valued at $1M. It was estimated that $750K would be required. Prepare the journal entries required
What is amount of casualty loss that reynaldo can claim : Their AGI for 2021 was $35,000. What is the amount of casualty loss that Reynaldo and Sonya can claim on their joint return for 2021
What is the purchase price of the car : You plan to finance the purchase of a new car and are told your annual loan payment would be $8,600 per year. What is the purchase price of the car
Effects of low price-guarantee on price : Explain the effects of low price-guarantee on the price.

Reviews

Write a Review

Accounting Basics Questions & Answers

  What are two biggest concerns relating to possible fraud

What are your two biggest concerns relating to possible fraud on the part of the couple for the motel business

  How much is the recorded expense in the books of accounts

The employee liquidates 8,000 of the cash advance and remits the excess cash advance of 2,000. How much is the recorded expense in the books of accounts

  Define processes for developing appropriations budgets

Why is it important that governments coordinate their processes for developing appropriations budgets with those for developing capital budgets?

  Compute the weighted-average number of common shares to be

Compute the weighted-average number of common shares to be used in computing earnings per common share for 2021 on the 2021 comparative income

  Prepare the journal entry to record payne income taxes

Prepare the journal entry(s) to record Payne's income taxes for 2018, assuming it is more likely than not that the deferred tax asset will be realized.

  What is Susan taxable gain on the sale

She has lived in the home continuously since she purchased it. In 2018, she sells her home for $200,000. What is Susan's taxable gain on the sale

  Source of information to management

Do you think that nonresponse error might influence the results of this effort? In what way(s)? In addition to being a source of information to management, are the cards providing any other benefits? In what way(s)?

  How much must the project remit to the contractor

A contract calls for a total payment of $800,000 with a guarantee. The contractor demonstrates he spent $623,000. How much must project remit to the contractor

  Compute the cost per equivalent unit

Pablo Company calculates the cost for an equivalent unit of production using process costing. Compute the cost per equivalent unit

  How much fixed cost did carla janes and associates incur

Direct labor is variable and costs $10 per hour. How much fixed cost did Carla Janes and Associates incur

  Determine shivon should continue to purchase required razar

Use present value analysis to determine whether Shivon should continue to purchase the required Razar or manufacture them.

  Prepare journal entries to record the events

Prepare journal entries to record the events related to the copyright and sales of the book during 2016 and 2017, assuming that sales were as projected

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