User Account

All Pages

Determine the mark-up percentage used by the company

Assignment Help Managerial Accounting
Reference no: EM132540462

Tots N Style Pty Ltd has the following data concerning a decorator playpen it manufactures:

Variable manufacturing cost $30

Applied fixed overhead $20

Variable selling and administrative cost $5

Allocated fixed selling and administrative cost $15

Question 1: If the company uses cost-plus pricing based on variable manufacturing costs, determine the mark-up percentage used by the company to obtain a price of $105.

Option 1: 250%

Option 2: 350%

Option 3: 200%

Option 4: 300%

Reference no: EM132540462

Questions Cloud

What are responsibility of production manager and purchasing : What are the responsibility of Production Manager and Purchasing Manager in relation to the calculation of Material Variances.?
Calculate the net present value of the new product line : Bravo Pty Ltd, If Bravo's hurdle rate is 14 per cent, calculate the net present value of the new product line. (Income taxes can be ignored.)
Calculate and display the total payment amount : Write a program that reads a one-line text message containing common ab- breviations and translates the message into English using a set of translations
Exchange rates of the australian dollar : Assume that Australia trades mostly with two countries only, the United States and the United Kingdom, and that 65% of the trade is conducted
Determine the mark-up percentage used by the company : Company uses cost-plus pricing based on variable manufacturing costs, determine the mark-up percentage used by the company to obtain a price of $105.
How much cash should thomas expect to collect : Sales at Thomas are normally collected as 70% in the month of sale,How much cash should Thomas expect to collect during the month of April?
Evaluate online crowdsourcing site : Evaluate an online crowdsourcing site. Examples include, Dell's Ideastorm, and Starbucks.
How well-managed organization usually may budgeting cycle : How Well-managed organization usually may a budgeting cycle that include planning the performance of the organization as a whole
What would have been the net operating income : If the fixed manufacturing overhead cost wasP2.00 per unit, what would have been the net operating income using absorption costing?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Discuss and interpret the changes over the two-year period

Keeping the case analysis in mind, discuss and interpret the changes over the two-year period. Which company is the best performer and why?

  Determine manufacturing overhead rate in cutting depart

Determine the manufacturing overhead rate in the Cutting Department and the manufacturing overhead rate in the Finishing Department.

  Determine the net present value of project one

Determine the net present value of Project 1 over a seven-year life with residual value, assuming a minimum rate of return of 20%.

  Question consider the following potential investment which

question consider the following potential investment which has the same risk as the firms other projectstimecash

  What is the total amount to be budgeted for manufacturing

Sudler Production is planning to sell 600 boxes of ceramic tile,What is the total amount to be budgeted for manufacturing overhead for the month

  What will be the change in barnes company net income

The company all of these parts it needs for $57 a unit. What will be the change in Barnes Company's net income if it accepts this offer?

  Determine the adjusted balances of the accounts

Determine the adjusted balances of the accounts if the balance in Manufacturing Overhead is considered material in amount Round to the nearest whole dollar.

  What is financial disadvantage of discontinuing the linens

Bed & Bath, a retailing company, has two departments,What is the financial advantage (disadvantage) of discontinuing the Linens Department?

  Compute the monthly break-even point

Compute the monthly break-even point - As a percentage of maximum capacity - . The Cute Cut Salon is open an average of 24 days per month

  How much depreciation should celty airline record

If the plane travels 54,000,000 miles the first year, how much depreciation should Celty Airline record under the units-of-production method?

  Income statement and selected balance sheet data

1.Lansing Company's 2013 income statement and selected balance sheet data at December 31, 2012 and 2013 follow.

  Demonstrate a cash budget

The CEO has asked you to use the Scenario Manager to evaluate each scenario. financial staff of You Inc. to demonstrate a cash budget

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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