Multiple Choice Question 52Vaughn Manufacturing has a new product going on the market next year. The following data are projections for production and sales:Variable costsFixed costsROIInvestmentSales30%What is the markup percentage?89%73%$550000$45000020%40%$2000000200000 units

MARGINAL COSTING INCOME STATEMENTMarginal Costing Income Statement is one of the Important Cost…

Answered: Multiple Choice Question 52 Vaughn…

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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Question 8 Company H has the following information on its management books: Total Fixed Costs: $24,000 Sales Volume Forecast: 4,000 units Variable Costs per Unit: $2 What price must Company H charge to make a profit of $12,000?
Exercise A-2 Absorption Costing Approach to Setting a Selling Price [LOA-2] Martin Company is considering the introduction of a new product. To determine a selling price, the company has gathered the following information: Number of units to be produced and sold each year 13,000 Unit product cost $ 30 Projected annual selling and administrative expenses $ 54,000 Estimated investment required by the company $ 300,000 Desired return on investment (ROI) 20 % The company uses the absorption costing approach to cost-plus pricing. Required: 1. Compute the markup required to achieve the desired ROI. ((Round your final answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) 2. Compute the selling price per unit. (Round your intermediate and final answers to 2 decimal places. )
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Question Content Area Airflow Company sells a product in a competitive marketplace. Market analysis indicates that the product would probably sell at $28.00 per unit. Airflow management desires a profit equal to a 20% rate of return on invested assets of $1,400,000. Airflow anticipates selling 50,000 units. The current full cost per unit for the product is $25.00 per unit. Round your answer to two decimal places, if necessary. a. What is the amount of profit per unit?$fill in the blank 1 per unit b. What is the target cost per unit if Airflow meets the market dictated price and management's desired profit?$fill in the blank 2 per unit
Question text Biggers Company expects the following results for the next accounting period: Sales $240,000 Variable costs $135,000 Fixed costs $ 40,000 Expected production and sales in units 3,000 The sales manager believes sales could be increased by 400 units if advertising expenditures were increased by $10,000. If advertising expenditures are increased and sales increase by 400 units, the effect on operating income will be a
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Knowledge Check 01 Walton Corporation is currently selling 104 units of its product. The company is deciding the price that it should charge for a bulk order of 40 units. The variable cost per unit is $200. This order will not involve any additional fixed costs and the company's current sales wll not be affected. The company targets a profit of $4,000 on the bulk order. What selling price per unit should the company quote for the bulk order? (Round your answer to the nearest whole dollar.) Selling Price Per Unit
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n 18 Assume a regression analysis yields a regression line with the values Y = $120,000 + $.048X, where Y equals monthly fixed plant labor costs and X equals dollars of production output. If the company plans to produce $2,800,000 of product during the upcoming month, it would project plant labor costs to be: A. $355,200. B. $120,000. C. $254,400. D. $2,920,000.
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Multiple Choice Question 52 Vaughn Manufacturing has a new product going on the market next year. The following data are projections for production and sales: Variable costs Fixed costs ROI Investment Sales 30% What is the markup percentage? 89% 73% $550000 $450000 20% 40% $2000000 200000 units