User Account

All Pages

What is the dollar markup per unit on variable cost

Assignment Help Accounting Basics
Reference no: EM133176704

Question - Rios Company makes drones and uses the variable cost method in setting product price. Its costs for producing 37,000 units follow. The company targets a profit of $317,000 on this product.

Variable Costs per Unit

Direct materials $ 87

Direct labor 57

Overhead 42

Selling, general and administrative 32

Fixed Costs (total)

Overhead $ 687,000

Selling, general and administrative 624,000

Required -

1. What is the total variable cost and the markup percentage?

2. What is the dollar markup per unit on variable cost?

3. What is the selling price per unit?

Reference no: EM133176704

Questions Cloud

What would be the total investment in ccc : If X Pvt. Ltd shortened its cash conversion cycle by reducing its inventory holding period by 5 days, what would be the total investment in CCC
Digital transformation in business : Digital Transformation Strategy - For the digital transformation strategy you will need to select a publicly held company that is profitable and has annual reve
Significant issue for union and management organizations : Why is discipline the most significant issue for the union and management organizations?
Case study-boston beer co : Digital Transformation Strategy - For the digital transformation strategy you will need to select a publicly held company that is profitable and has annual reve
What is the dollar markup per unit on variable cost : Rios Company makes drones and uses the variable cost method in setting product price. What is the dollar markup per unit on variable cost
How many units would company plan to produce in september : Company policy is to maintain an ending finished-goods inventory equal to 40% of the following month's sales. How many units would company plan to produce
Teach the critical thinking content : Research on the best way to teach the critical thinking content and how to get students think critically and gained knowledge on how to emphasize the future nee
Determine the business-level strategy : Analyze the business-level strategies for Expedia to determine the business-level strategy you think is most important to the long-term success of the firm and
What were the firm budgeted collections for the quarter : If sales for April, May, and June were $70,000, $90,000, and $80,000, respectively, what were the firm's budgeted collections for the quarter

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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