Crane Co. has variable manufacturing costs per unit of $27, and fixed manufacturing cost per unit of $20. Variable selling and administrative costs per unit are $5, while fixed selling and administrative costs per unit $8. Maggie desires an ROI of $12.38 per unit. If Crane Co. uses the absorption-cost approach, what is its markup percentage? 20.63% 10.32% 54.00% 30.95%

Q: Coor. Goed Kelly's Karts, LLC reported the following data: Sales quantity 400 units: Sales $100 per…

A: Break-even analysis is a financial and managerial accounting tool that helps businesses determine…

Q: -Sunland Corporation produces microwave units. The following per-unit cost information is available:…

A: The variable cost per unit comprises direct materials, direct labor and variable manufacturing…

Q: Morales Corporation produces microwave ovens. The following per unit cost information is available:…

A: The value that a participant adds to the cost price of a product is referred to as the mark up for…

Q: Variable manufacturing costs are $125 per unit, and fixed manufacturing costs are $206,800. Sales…

A: Solution- A-                                                         Absorption costing operating…

Q: Sierra Company produces its product at a total cost of $100 per unit. Of this amount, $30 per unit…

A: The markup amount is the excess amount charged from customers as compared to base cost for the…

Q: A product has a sales price of $340 and a per-unit contribution margin of $136. What is the…

A: Contribution Margin: The Contribution Margin is also can be treated on a gross or per unit basis.…

Q: Max Company manufactures and sells three products: Good, Better, and Best. Annual fixed costs are…

A: BREAKEVEN POINTBreak Even means the volume of production or sales where there is no profit or…

Q: Blanchard Company manufactures a single product that sells for $175 per unit and whose total…

A: Selling price per unit =$175 Variable cost per unit=$140 Annual fixed cost=$514,500  Contribution…

Q: Radison Enterprises sells a product for $92 per unit. The Costs that vary in total dollar amount as…

A: a) Given selling price = $92 per unit Variable cost per unit = $59 per unit Therefore contribution…

Q: Molly Company sells 30,000 units at $43 per unit. Variable costs are $26.66 per unit, and fixed…

A: CVP analysis is used in decision-making by the management. It helps to make strategies and take wise…

Q: If variable manufacturing costs are $9 per unit and total fixed manufacturing costs are $274,500,…

A: The calculation of manufacturing cost per unit using Variable Costing Concept and Absorption Costing…

Q: A company's product sells at $12.22 per unit and has a $5.33 per unit variable cost. The company's…

A: Break-even is the point at which the entity is in a situation of no profit or no loss. It is the…

Q: A product has a sales price of $230 and a per-unit contribution margin of $115. What is the…

A: The contribution margin is considered as an excess of revenue over variable expenses.

Q: If the variable cost is P15/unit, fixed cost is 265,000; and Sales is P55. Find the BEPs, and BEPx.…

A: Profit analysis equation With units sold (Q), variable cost per unit (VC), Fixed cost (FC) and price…

Q: Gladstorm Enterprises sells a product for $53 per unit. The variable cost is $36 per unit, while…

A: Lets understand the basics. Break even point is a point at which total cost is equal to total…

Q: Crane Co. has variable manufacturing costs per unit of $40, and fixed manufacturing cost per unit of…

A: In the variable cost-plus approach, the selling price of a product is based on the total variable…

Q: Cullumber Co. has variable manufacturing costs per unit of $40, and fixed manufacturing cost per…

A: Under variable cost plus approach, markup is calculated on total variable cost. This markup is added…

Q: Variable manufacturing costs are $86 per unit, and fixed manufacturing costs are $64,800. Sales are…

A: Under variable costing only the variable cost incurred in factory is considered to be product cost…

Q: bapu

A: Markup Percentage = 21%21% is the correct. Explanation:Step 1: Markup percentage is the amount added…

Q: Analyzing Income under Absorption and Variable Costing

A: Variable costing income statement The variable costing income statement is a statement prepared by…

Q: If variable manufacturing costs are $13 per unit and total fixed manufacturing costs are $245,100,…

A: Fixed manufacturing costs per unit = total fixed manufacturing costs / No. of units manufactured

Q: Sunland Company produces high definition television sets. The following information is available for…

A: The company sells products and services to make money. The selling prices must be higher than the…

Q: Brendon Company reported the following data. . Price per unit: $20 . Fixed costs: $6,000 . Breakeven…

A: Formula used: Break even units = Fixed cost / ( Sales price per unit - variable cost per unit )

Q: XYZ Company's product has a contribution margin per unit of $11.25 and a variable cost ratio of 60%.…

A: Selling price means the cost for which something really sells. selling cost is the sum a purchaser…

Q: Crane Co. has variable manufacturing costs per unit of $40, and fixed manufacturing cost per unit of…

A: These are the decision-making tools used in CVP analysis. It helps the management to make strategies…

Q: Bramble Corporation produces microwave ovens. The following unit cost information is available:…

A: The value that a participant adds to the cost price of a product is referred to as the mark up for…

Q: Beta is approached by a customer to fulfill a one-time-only special order. Beta has excess capacity.…

A: Contribution margin per unit=Selling price per unit-Total variable cost per unit

Q: Lorri’s income statement is as follows: Sales* $60,000 Less variable costs (19,200) Contribution…

A: Contribution margin per unit is the per unit value earned by the entity after deducting variable…

Q: Lamp Company has the following cost-volume-profit (CVP) data:   Breakeven point, in units 3,000…

A: The break even sales are the sales where business earns no profit no loss during the period.

Q: Ivanhoe, Inc. developed the following information for its product: Sales price Variable cost…

A: The break-even point indicates that total units are to be sold by the business entity to recover the…

Q: Seaco Products produced 10,000 gears with the following unit costs: variable manufacturing costs…

A: Variable costs are those nature of costs which changes along with change in sales activity level.…

Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.