Solution-What is the lowest price per unit backwoods should

What is the lowest price per unit backwoods should bid

Assignment Help Cost Accounting

Reference no: EM132746495

Problem 1: Backwoods Incorporated manufactures rustic furniture. The cost accounting system estimates manufacturing costs to be $400 per table, consisting of 70% variable costs and 30% fixed costs. The company has surplus capacity available. It is Backwoods' policy to add a 50% markup to full costs. What is the lowest price per unit Backwoods should bid on this long-term order, if company follows cost plus pricing (i.e. full cost + mark-up)?

Reference no: EM132746495

Questions Cloud

What complications might given change have caused : One of the cofounders of Project Repat is no longer with the company, although he retains a small ownership stake. What complications might this change have.

List the purposes and uses of the statement of cash flows : Determine and List purposes and uses of the statement of cash flows and discuss the three activities that the statement of cash flows depicts

Calculate the reduction required in cost to meet the target : Calculate the reduction required in cost to meet the target cost per unit. Lata Chemicals Company wants to launch a new product (L2) in the market

Prepare the partnership records goodwill : A and B share partnership profits 70%, 30%, respectively. The partners agree to admit C into the partnership for a 40% interest in capital and earnings.

What is the lowest price per unit backwoods should bid : What is the lowest price per unit Backwoods should bid on this long-term order, if company follows cost plus pricing (i.e. full cost + mark-up)?

Compute jasmine breakeven sales : Calculate the sales required to earn a target profit $ 20,000,000 and prove your answer. Compute Jasmine's breakeven sales (units) in 2020.

How many units comapny need to sell to achieve target profit : How many Units Comapny Need to sell to achieve target Profit (Rs. 100,00,000). Break-even point in terms of Units & Sales.Product Price

Explain the process of activation of b cells : Explain the process of activation of B cells in response to COVID-19 and be sure to answer these key questions.

Create a projected contribution format income statement : Create a projected contribution format income statement for next year given the changes. would you recommend that the changes be made?

User Account

All Pages

What is the lowest price per unit backwoods should bid

Reference no: EM132746495

Reference no: EM132746495

Questions Cloud

Reviews

Write a Review

Cost Accounting Questions & Answers

Cost accounting assignment

Prepare the journal entries

Advise as to the liability of all the parties

Prepare revenues budget

Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

Accounting and partnership problems

Development of relevant cash flows

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT