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Cost-Based Pricing and Markups with Variable Costs Compu Services provides computerized inventory consulting. The office and computer expenses are $400,000 annually and are not assigned to specific jobs. The consulting hours available for the year total 20,000, and the average consulting hour has $20 of variable costs. (a) If the company desires a profit of $140,000, what should it charge per hour? $Answer (b) What is the markup on variable costs if the desired profit is $160,000? Answer % (c) If the desired profit is $160,000, what is the markup on variable costs to cover (1) unassigned costs and (2) desired profit? Markup to cover unassigned costs Answer % Markup to cover desired profits Answer %
Gardner Corporation purchased a truck at the beginning of 2012 for $90,000. The truck is estimated to have a salvage value of $3,600 and a useful life of 120,000 miles. It was driven 18,000 miles in 2012 and 32,000 miles in 2013. What is the depre..
How can the concept of unit-level activities be applies to an airline? More specifically, what are two examples of unit-level activities for JetBlue? What steps has JetBlue taken to manage these unit-level activities more efficiently?
ValuePlus is a United States Company.
Manufacturing overhead 131.50 per unit 108.50 per uni the best estimate of the total variable manufacturing cost per unit is:
Before the corporate expenses are allocated to the sales districts, what wholesale price will Krupsak pick for the Australian T-shirts and how many T-shirts will he sell? Show how you derived these numbers.
Assuming that the company's $337,485 ending Finished Goods Inventory account for year 2011 had $137,485 of direct materials costs, determine the inventory's direct labor costs and its overhead costs.
Determine the gross profit under the (a) LIFO and (b) FIFO assumptions, given the following information.
Bela and Ricky are married taxpayers who file a joint return. In 2009, they had AGI of $350,000 and their preliminary itemized deductions totaled $20,000. In 2010, they also had AGI of $350,000 and preliminary itemized deductions of $20,000. Which..
You are an accountant at Evergreen, Inc and your boss (the CFO) has asked you to prepare the company's statement of cash flows for an upcoming shareholders meeting.
1. what is the purpose of an audit performed by a cpa?2. do audits signify to financial statement users
On the problems you just completed for me, how did you come up with the cost price to the retailer of $7.11? I understand the profit margin is 40% so wouldn't that mean that 9.95*.60=5.97 would be the cost to retailer?
Dick’s Sporting Goods makes customized uniforms. The Great Northwest League has offered to buy 80 basketball jerseys for $16 per jersey-If Dick’s accepts the special order from The Great Northwest League, its operating profit will
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