User Account

All Pages

Determine the target price for this product

Assignment Help Accounting Basics
Reference no: EM131922553

Question - The Anderson moncadq company produces one unit of one product. The company has budgeted the following cost for this product. The company has a desired income of $60000.

Desired material $30000

Direct labor $20000

Variable indirect production costs $20000

Fixed indirect production cost $7500

Fixed selling and administrative costs $12500

Total cost $120000

1. Determine the target price for this product.

2. What is the target mark up percentage for setting prices as a percentage of total production costs?

Reference no: EM131922553

Questions Cloud

Identify the different stages of a fire : Identify the different stages of a fire. What are the phases of a fire safety inspection? The reading assignment is a useful tool to complete the tasks.
Define role of psychological tests in professional workplace : Consider the role of psychological tests in a professional workplace. Some argue that these types of tests should not be used at all in a work environment.
What amount should be reported as unearned service revenues : Devin Co. sells household appliance service contracts for cash. What amount should be reported as Unearned Service Revenues in Devin's balance sheet
Ethical research paper proposal : In the next two paragraphs, describe the opposing positions in this debate-first for the supporting side and then for the opposing side
Determine the target price for this product : The Anderson moncadq company produces one unit of one product. Determine the target price for this product
Analyze the anne maries fimancial statement : In December I did several hair several haircuts during the last week of the year and sent bills to all the customers? When is that counted?
Make a survey of the material available on maggie : Make a survey of the material available on Maggie. You are not to refer to yourself in any way for this paper, including any form of you.
Describe the cut scores for normal versus at-risk : Describe the cut scores for "normal" versus "at-risk" and/or "clinically significant." Assess any cultural concerns for their impact on the effectiveness.
What is the depreciation expense : In addition, Dow Corp. paid $3,000 for a one-year insurance policy. If Dow uses the double declining method of depreciation, what is the depreciation expense

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

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