User Account

All Pages

Compute a markup percentage based on variable costs concepts

Assignment Help Financial Management
Reference no: EM132380643

Question

Kirk Co. manufactures mobile cellular equipment and develops a price for the product by using a variable cost concept. Kirk incurs variable costs of $1,900,000 in the production of 100,000 units. Fixed costs total $50,000. The company employs $4,725,000 of assets and wishes to earn a profit equal to a 10% rate of return on assets.

a. Compute a markup percentage based on the variable costs concept. Round your answer to one decimal place.

b. Determine a selling price. Round your answer to two decimal places.

Reference no: EM132380643

Questions Cloud

Create a memo to the cfo indicating whether this treatment : Create a memo to the CFO indicating whether this treatment is appropriate and citing the Codi?cation. If it is not appropriate, illustrate the proper journal.
Briefly describe your current position and responsibilities : Briefly describe your current position and responsibilities. What do your subordinates expect from you on the job? What do you like best about your job?
What were the reasons or sources of the conflict : Analyze a conflict you have witnessed in school or work. What were the reasons or sources of the conflict?
BM141 Principles of Sales and Marketing Assignment Problem : BM141 Principles of Sales and Marketing assignment help and solutions, Computer Systems Institute, assessment help - You're an entrepreneur who has a great idea
Compute a markup percentage based on variable costs concepts : Kirk Co. manufactures mobile cellular equipment and develops a price for the product by using a variable cost concept. Kirk incurs variable costs.
Why is big data important : Why is Big Data important? Provide at least three arguments to support your argument. Provide a minimum of three references.
Formulate a linear programming model for the factory : SIT718 Real World Analytics Problem Solving Assignment, Deakin University, Australia - Formulate a Linear Programming model for the factory
Laissez-faire approach to leading groups : Why do you think people often adopt a laissez-faire approach to leading groups?
Conceptual framework for instilling global mindset : The Research paper; A Conceptual Framework for Instilling a Global Mindset in Business Students, Journal of Teaching in International Business.

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd