Harris Company produces a product whose cost is $25. Assuming the company uses a cost-plus pricing system, what selling price would the company set to earn a profit margin of 20% of cost? Multiple Choice O O O O $27.50 $30 $125 $5

Q: Qs Let the selling Price of a product is 200$ and the variable cost is 120$ and the Fixed Cost is…

A: Hi student Since there are multiple subparts, we will answer only first three subparts.

Q: Marigold Corp. is using the target cost approach on a new product. Information gathered so far is as…

A: The target cost is the maximum amount that a company  will incur on a product, project, or service.…

Q: FRT Company sells each unit for $ 60, variable costs for each unit $ 25, Fixed costs $ 200000 Wants…

A: Contribution means the difference between the selling price and variable cost . Fixed cost remain…

Q: Massey Company reported the following data regarding the product it sells: Sales price Contribution…

A: Answer a) Computation of Break even point in dollars and units is as follows: Break even point in…

Q: Dhofar Company has the following information: Total Fixed cost OMR 20000 Selling price per unit…

A: Margin of Safety (OMR) Profit / PV ratio PV ratio Selling price - variable cost / selling price *100…

Q: Galla Incorporated is a competitive product market. The expected selling price is $340 per unit, and…

A: Expected Selling price = $340 Target profit = 20%

Q: Meriot, Inc. has fixed costs of $200,000, sales price of $50, and variable cost of $30 per unit. How…

A: "Since you have asked multiple questions, we will solve first question for you. If you want any…

Q: Kelly Company has the following data: Sales Price per unit $590 Variable Cost per unit $413 Total…

A: Calculation of Contribution margin ratio Contribution margin ratio = Contribution margin per unit/…

Q: Suppose that the demand for a product is given by Q=25-0.25P. If the product's price is $128 per…

A: Q = 25 - 0.25PWhereP = Price of the product = $128Q = Quantity demanded

Q: Bob's Company sells one product with a variable cost of $5 per unit. The company is unsure what…

A: Variable Cost = $5 Fixed Cost =$ 100000 for all units

Q: Total fixed cost of a product is IDR 10,000,000 and variable cost is IDR 50,000 per unit. The sale…

A: The Break-even point is at which the company earns no profit/loss. At this point companies…

Q: Salalah Company has the following information: Total Fixed cost OMR 20000 Selling price per unit OMR…

A: Total fixed cost = OMR 20000 Selling price per unit = OMR 25 Variable cost per unit = OMR 15 Desired…

Q: How much sales are required to earn a target net income of OMR 200,000 if total fixed costs are OMR…

A:

Q: Salalah Company has the following information: Total Fixed cost OMR 20000 Selling price per unit OMR…

A: This question is related to financial management, in which we have to find the amount of sales on…

Q: Flyer Company sells a product in a competitive marketplace. Market analysis indicates that its…

A: Percentage of  profit margin on sales =  Profit margin / Sales

Q: Jan Slaugther Company produces and sells a particular home appliance. The variable cost (VC) per…

A: Profit Function: It is a business-oriented function. These two functions will be called as follows…

Q: Salalah Company has the following information: Total Fixed cost OMR 20000 Selling price per unit…

A: Solution:- Calculation of the amount of sales if it is desired to earn a profit of OMR 5000 as…

Q: Dhofar Company has the following information: Total Fixed cost OMR 20000 Selling price per unit OMR…

A: The question is multiple choice question  Required  Choose the Correct Option

Q: The following sales and purchases are expected over the Four-month period from December to March…

A: The questions are multiple choice questions  Required  Choose the Correct Option.

Q: elling Price = $43.00 Fixed Cost $47,200 47,200 47,200 57, 200 57, 200 57,200 67,200 67,200 67,200…

A: The breakeven point is the point at which a company makes no profit or loss.

Q: Zachary Company reported the following data regarding the product it sells: Sales price Contribution…

A: Break even point =   Fixed cost/Contribution margin ratio

Q: If, Total Fixed cost OMR 3200O, Selling price per unit OMR 20, and Variable cost per unit OMR 12.…

A: Margin of safety is the difference of sales and break even sales level. The break even sales in…

Q: Bates Company plans to add a new item to its line of consumer product offerings. Two possible…

A: Contribution margin is difference between selling price and variable cost. After deducting fixed…

Q: Mazoon Company's variable costs are 70% of the selling price and its fixed costs are $80,000. To…

A: CVP analysis: This analysis helps to evaluate how the changes made in cost and volume do affect the…

Q: Flyer Company sells a product in a competitive marketplace. Market analysis indicates that its…

A: Target Cost is the cost which company want to achieve for their current prodcuts. it is calculated…

Q: A firm sell a single product for $6. Its variable cost per unit is $4 and fixed costs are $50.…

A: Desired revenue is calculated by the firm for making strategies. it is calculated on the basis of…

Q: Flyer Company sells a product in a competitive marketplace. Market analysis indicates that its…

A: Given sale price = $48 per unit Required profit margin on sales = 12.5% Therefore required profit =…

Q: Mars Company has the following information: Total Fixed cost OMR 25000 Selling price per unit OMR 40…

A: Margin of Safety is the difference between the current sales and the breakeven sales.