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Question - Davy Crockett Co makes hats, mainly for fancy dress costumes. The company expected to produce 25,000 hats during the year which would be expected to incur $125,000 in fixed costs. The total cost of each hat is $30 (including fixed costs) and the company can sell them for $40 each. Sales during the year were 15,000 hats from a production volume of 20,000. Actual fixed costs were $80,000 and there was no opening inventory. What is the marginal costing net profit for the year?
Determine the budgeted revenue for 2021. In 2020, Cards by Shannon generated the sales shown. The company expects for sales to increase by 2% for each product
Determine the estimated total manufacturing overhead cost for the period is closest to? Assume actual machine hours work during the period Of 54000 hours
The hotel is in a resort area that is particularly busy from November through February.
Magic, Inc. manufactures a single product that has a selling price of $25 per unit. If company can achieve total sales of $250,000, what will its net profit be
What are some benefits and drawbacks of cost-based pricing? Use specific examples from at least two industries to support your response.
Find What is the IRR of the project? What is the NPV of the project? How sensitive is the NPV to changes in the price of the new smartphone?
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