What price should be charged of management believes

Assignment Help Accounting Basics
Reference no: EM132087691

Question - Company manufactures CDs and DVDs both assembled as 10 discs per pack. Predicted sales are 400,000 packs of CDs and 500,000 packs of DVDs. Predicted costs for the year are:

 

Variable Costs

Fixed Costs

Materials

300,000

600,000

Other

350,000

900,000

Each product uses 50% of materials cost. 40% of other costs are assigned to CDs and 60% to DVDs. Desired annual profit is 200,000.

What price should be charged of management believes the DVDs sell 20% more than the CDs. Round to the nearest cent.

Price for CDs?

Price for DVDs?

What is total profit per product?

CDs?

DVDs?

Reference no: EM132087691

Questions Cloud

Calculate the spending variance for cleaning equipment : The actual cleaning equipment and supplies for the month was $3,580. Calculate the spending variance for cleaning equipment and supplies in April
Unique type of temporary staffing agency : Professional and Scientific Staff Management (PSSM) is a unique type of temporary staffing agency.
Attributes that make vision meaningful to stakeholders : Describe the attributes that make a vision meaningful to stakeholders. Discuss why a vision may need to change.
How much dividend was distributed to shareholders : In 2017, Marin declared and paid dividends of $27000. How much of the 2017 dividend was distributed to preferred shareholders
What price should be charged of management believes : What price should be charged of management believes the DVDs sell 20% more than the CDs. Round to the nearest cent
Primary sources of law do not include : A corporation likely has ethical duties to. Primary sources of law do not include.
What will be its optimal cash return point : Veggie Burgers, Inc., would like to maintain its cash account at a minimum level of $265,000, What will be its optimal cash return point
How much is interest expense : The bonds pay interest annually and were priced to yield 10%. Using the effective-interest method, how much is interest expense for 20X1
What is jds stock basis after the distribution : ABC, Inc. has no corporate E&P and J. D. has a basis of $50,000 in his ABC, Inc. stock. What is J. D.'s stock basis after the distribution

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