Business, 14.12.2019 04:31 jcastronakaya
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 14,000
unit product cost $ 25
projected annual selling and administrative expenses $ 50,000
estimated investment required by the company $ 750,000
desired return on investment (roi) 12 %
the company uses the absorption costing approach to cost-plus pricing.
required:
1. compute the markup required to achieve the desired roi.
2.compute the selling price per unit.
Answers: 1
Business, 22.06.2019 11:00, cedricevans41p4j3kx
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Business, 22.06.2019 14:50, QuarkyFermion
Pear co.’s income statement for the year ended december 31, as prepared by pear’s controller, reported income before taxes of $125,000. the auditor questioned the following amounts that had been included in income before taxes: equity in earnings of cinn co. $ 40,000 dividends received from cinn 8,000 adjustments to profits of prior years for arithmetical errors in depreciation (35,000) pear owns 40% of cinn’s common stock, and no acquisition differentials are relevant. pear’s december 31 income statement should report income before taxes of
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Business, 22.06.2019 19:40, cieloromero1
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Answers: 3
Martin company is considering the introduction of a new product. to determine a selling price, the c...
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