Product Cost Method of Product Costing Voice Com, Inc. uses the product cost method of applying the cost-plus approach to product pricing. The costs of producing and selling 4,560 cell phones are as follows: Variable costs per unit: Fixed costs: Direct materials $64 Factory overhead $199,200 Direct labor 38 Selling and administrative expenses 70,100 Factory overhead 25 Selling and administrative expenses 21 Total variable cost per unit $148 Voice Com desires a profit equal to a 16% rate of return on invested assets of $598,700. a. Determine the amount of desired profit from the production and sale of 4,560 cell phones. $fill in the blank 1 95,792 b. Determine the product cost per unit for the production of 4,560 of cell phones. Round your answer to the nearest whole dollar. $fill in the blank 2 171 per unit c. Determine the product cost markup percentage for cell phones. Round your answer to two decimal places. fill in the blank 3 26.73 % d. Determine the selling price of cell phones. Round your answers to the nearest whole dollar. Total Cost $fill in the blank 4 217 per unit Markup fill in the blank 5 46 per unit Selling price $fill in the blank 6 per unit Feedback

Ryan terlecki organized a new internet company, capuniverse, inc. the company specializes in baseball-type caps with logos printed on them. ryan, who is never without a cap, believes that his target market is college and high school students. you have been hired to record the transactions occurring in the first two weeks of operations. issued 2,900 shares of $0.01 par value common stock to investors for cash at $29 per share. borrowed $68,000 from the bank to provide additional funding to begin operations; the note is due in two years. paid $1,000 for the current month's rent of a warehouse and another $1,000 for next month's rent. paid $1,440 for a one-year fire insurance policy on the warehouse (recorded as a prepaid expense). purchased furniture and fixtures for the warehouse for $16,000, paying $3,200 cash and the rest on account. the amount is due within 30 days. purchased for $2,800 cash the university of pennsylvania, notre dame, the university of texas at austin, and michigan state university baseball caps as inventory to sell online. placed advertisements on google for a total of $340 cash. sold caps totaling $1,900, half of which was charged on account. the cost of the caps sold was $1,100. (hint: make two entries.) made full payment for the furniture and fixtures purchased on account in (e). received $280 from a customer on account.

Asavings account that pays interest every 3 months is said to have a interest period

Microsoft's stock price peaked at 6118% of its ipo price more than 13 years after the ipo suppose that $10,000 invested in microsoft at its ipo price had been worth $600,000 (6000% of the ipo price) after exactly 13 years. what interest rate, compounded annually, does this represent? (round your answer to two decimal places.)