User Account

All Pages

What should be the price per unit

Assignment Help Accounting Basics
Reference no: EM133188955

Question - Fine Arts Inc. produces a special kind of light weight, recreational vehicle that has a unique design. It allows the company to follow a cost-plus pricing strategy. It has $9,000,000 of assets and shareholders expect a 18% return on assets. Additional data are as follows:

Sales volume 4,000 units per year

Variable costs $2,000 per unit

Fixed cost $3,500,000 per year

Required - Using the cost-plus pricing approach, what should be the price per unit?

Reference no: EM133188955

Questions Cloud

Describe experiences you have had in your palces of work : Reflect on the notion of philanthropy and what it means to you based on your personal experiences and the experiences you have had in your places of work
Discuss how the methods under capital budgeting will be used : Discuss how the methods under capital budgeting will be used by managers to come up with corporate decisions
Make a cost of production report using fifo : The ending inventory was 70% complete with respect to materials. Make a cost of production report using FIFO and weighted-average method
Evaluate and apply appropriate computer-based tools : Evaluate and apply appropriate computer-based tools and platforms for the development of web-based distributed systems
What should be the price per unit : It has $9,000,000 of assets and shareholders expect a 18% return on assets. Using the cost-plus pricing approach, what should be the price per unit
Calculate the contribution margin per unit : Young Company has provided the following information: Price per unit $40. Calculate the contribution margin per unit
What is the reason for applying stock dividends : What is the reason for applying stock dividends and stock split events retroactively in calculating the earnings per share
What is her max contribution : Lailia's health insurance through work covers both of them, with a $3,500 annual deductible. Laila has a health saving account; what is her max contribution
What is the npv of the project : The company is considering a project that initially costs $200,000 and earns $40,000 for 8 years. What is the NPV of the project

Reviews

Write a Review

Accounting Basics Questions & Answers

  Post the journal entry of the given transaction

Transatlantic Inc. issued a $1,000, 25-year bond five years ago at 11% interest. Comparable bonds yield 8% today. What should Transatlantic bond sell for now?

  What is hypernet direct labor cost variance for august

What is HyperNet's direct labor cost variance for August? HyperNet Systems is a start-up company that makes connectors for high-speed Internet connections.

  What is jkls cost of debt

The group assignment requirements are to calculate the weighted average cost of capital (WACC) for JKL. What is JKLs cost of debt

  What are the projected total operating assets

Sales are expected to grow by 8% next year. Assuming no change in operations from this year to next year, what are the projected total operating assets

  Stan conner and mark stein were discussing the presentation

At the bottom of Bombeck's statement of cash flows was a separate section entitled "Noncash investing and financing activities." Give three examples of significant noncash transactions that would be reported in this section.

  Western acquires used office machine seven-tear class asset

western acquires used office machine seven-tear class asset on november 2 2011 for 75000. this is the only asset

  Determine the cost of the machines purchased by car repair

Beautiful car repair shop bought a machine. Determine the cost of the machines purchased by Car Repair Shop, and make a journal entry to record the purchase.

  What are the warranty expense balances

Merritt Equipment Company sells computers for $1,520 each, Under the cash-basis method, what are the Warranty Expense balances for 2014 and 2015

  Should the company disclose this matter in the footnotes

Should the company disclose this matter in the footnotes to the company's financial statements at year end

  How would the balance sheet be written

On 1/1/2015 starburst company issed 10 year bond witha face value of $500,000 at 102. The bonds carry a stated inerestet rate of 7% with interest payable.

  Receipts and subsequent payments to suppliers.

A CPA is reviewing a client's internal controls over merchandise receipts and subsequent payments to suppliers.

  Review given problems as per given requirements

Carey Company is a publicly held corporation whose $10 par value stock is currently trading at $20 per share. The company issued 3,000 shares of stock.

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