29. During the month of March, Baker's Express purchased 10,000 pounds of four at $i per pound.At the end of Mardh, laker's Express found that it had an unfavorable materialis price variance of$500. The standard cost per pound must beOL00O BLO30. Welker Company is designing an al-in-one grl and coeier aimed at sports fers. The companybelieves that the product can be soid for $80; and requires a 30% profit on new productsWhat is the target cost of the al--one grl and couler

Hey there since you have posted multiple questions, we can answer only first question for you,…

Answered: 29. During the month of March, Baker's…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Basic Motor Corporation uses target costing. Assume that Basic marketing personnel estimate that the competitive selling price for the QuikCar in the upcoming model year will need to be $23,100. Assume further that the QuikCar's total unit cost for the upcoming model year is estimated to be $19,200 and that Basic requires a 20% profit margin on selling price (which is equivalent to a 25% markup on total cost). a. What price will Basic establish for the QuikCar for the upcoming model year?
The marketing department of Central Perk Coffees estimates the following monthly demand for high-test dark roast coffee in these four price-quantity relationships:Demand 1 9,300 cups at $0.90 per cup 2 7,400 cups at $1.15 per cup 3 5,600 cups at $1.40 per cup 4 4,500 cups at $1.65 per cup The fixed costs of 2,200 per month are not affected by the different price-volume alternatives. Variable costs are $0.25 per cup.What price should Central Perk Coffees set for this coffee. Sales Variable Costs Contribution Margin 1 2 3 4
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The fixed costs of Shanita, nv are $471,000 and the total variable costs for its only product are 30% of the sales price, which is $200. Shanita currently sells 5,400 units per month and is looking to sell more. Consider each of the following independently: Part A A new marketing campaign is being contemplated that would cost $4,000 per month and have the expected effect of increasing sales per month by 260 units. If this campaign is undertaken, what is the expected effect on monthly income? Part B Management is considering adding a new feature to its product that will cause an increase in variable costs of $7 per unit. It is expected that sales will increase by 310 units per month if this feature is added. If the feature is added, what should be the overall effect on the company's monthly income? Part C The marketing manager is considering lowering base salaries of salespeople by a collective amount of $41,000 per month while increasing the sales commission by $6 per unit. He believes…
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