What is our sales price per unit

Assignment Help Accounting Basics
Reference no: EM131966993

Question - Our company is a price setter and has the following information available for the current year:

• budgeted sales volume, 220,000 units;

• desired operating income as a percentage of total assets, 16%;

• variable costs, $25 per unit;

• fixed costs, $4,000,000; and

• total assets, $12,000,000.

What is our sales price per unit if we used the cost-plus pricing approach?

$49.60

$51.91

$54.60

$50.20

Reference no: EM131966993

Questions Cloud

Calculated despite unequal or missing cash flows : Can Future Value and Present Value be calculated despite unequal or missing cash flows?
Should we resist the attempt to introduce more gmos : What do you think? Should we approve of increased use of genetically modified crops to increase food availability and nutrition?
Regression and correlation analysis : Use the dependent variable Selling Price (labeled Y) and the independent variables Age, Rooms, Baths (labeled X1, X2, and X3) in the data file.
Janice believe inflation rate will be over next year : An investment offers a total return of 12 percent over the coming year. What does Janice believe the inflation rate will be over the next year?
What is our sales price per unit : Desired operating income as a percentage of total assets, 16%; What is our sales price per unit if we used the cost-plus pricing approach
What rate would you expect to see on treasury bill : Suppose the real rate is 4 percent and the inflation rate is 5.6 percent. What rate would you expect to see on a Treasury bill?
Corporation participate in the health screening : In running a promotional trial, 54 out of the 130 people who work in one office for the corporation participate in the health screening.
Identify at least one security risk that would be a threat : Identify at least 1 security risk that would be a threat for this model that would not be a threat for a traditional software development model.
Define and discuss the concept of capital structure : Define and discuss the concept of capital structure. Discuss and distinguish between theories of dividend, dividend policy, and types of dividends.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

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