What is the markup on variable manufacturing costs

Assignment Help Accounting Basics
Reference no: EM133067116

QUESTION - Tracey Sales Co. has predicted the following costs for this year for 500,000 units:

 

Manufacturing

Selling and Administrative

Variable

$800,000

$250,000

Fixed

1,200,000

300,000

Total

$2,000,000

$550,000

Required - What is the markup on variable manufacturing costs needed to break even?

A. 150.00 percent

B. 218.75 percent

C. 212.50 percent

D. 25.00 percent

Reference no: EM133067116

Questions Cloud

Should Highope Ltd recognise an asset : Should Highope Ltd recognise an asset in relation to the exploration costs? Justify in accordance with the relevant Conceptual Framework definition
Data and classifying data impact data mining : How does data and classifying data impact data mining? What is association in data mining? Discuss cluster analysis concepts.
Benefits of creating a single financial market : Please read Country Focus: a Single European Market in Financial Services on page 260 in the 8th edition and answer the following questions:
Elements of project management : Explore the similarities and differences between operational management and project management - elements of project management
What is the markup on variable manufacturing costs : Tracey Sales Co. has predicted the following costs for this year for 500,000 units: What is the markup on variable manufacturing costs
What is false discovery rate : What is a false discovery rate? Can a false discovery rate be completely avoided? Explain.
Asymmetric information and adverse selection : An employer needs to make a hiring decision and bring new employees on board. Some preliminary research indicated that 1/4 of the pool could bring $50,000 value
What is the efficient use of water per farmer : Consider 5 farmers located close to a lake. The lake is used by 5 recreational users for swimming. The farmers use fertilizer with marginal benefits MB = 12 - 2
What is the total interest earned : You have invested Php 20,000 at interest rate of 0.013 percent per day, compounded daily for a period of January 1, 2020 to December 31, 2025.

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.

  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!

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