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stira [4]
2 years ago
14

You’ve invested a lot in Moondogs -- now you need to find the right price to charge for your coffee. It has to be low enough to

attract business, but high enough to ensure you make a profit. What’s a good step in figuring out the right price?
Business
1 answer:
stich3 [128]2 years ago
8 0

Steps to figure out the right price of coffee would be :-

Explanation

1.Expenditure - Analyse the amount that has been uncured in the process of making the coffee. It should include all the raw material and other expenses such as services taken of people as well as assets purchased as well.

2. Profit Margin - A standard percentage of profit margin should be set which would be added in the expenditure of the coffee. This would give us the right price of the coffee per cup.

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Morton Inc. has provided the following data for the month of November. The balance in the Finished Goods inventory account at th
NeTakaya

Answer:

Cost of goods sold = $244,000

Explanation:

We will calculate the manufacturing overhead underapplied or over applied

Manufacturing overhead underapplied= Incurred overhead- Overhead applied

Manufacturing overhead underapplied= 84,000- 80,000

Manufacturing overhead underapplied= $4,000

Cost of goods sold= Start finished good inventory- Ending finished good inventory + cost of good manufactured + overhead underapplied

Cost of goods sold= 50,000 - 46,000 + 236,000 + 4,000

Cost of goods sold = $244,000

7 0
2 years ago
Dell is a product of the Digby company. Digby's sales forecast for Dell is 2079 units. Digby wants to have an extra 10% of units
Thepotemich [5.8K]

Answer:

Option (B) is correct.

Explanation:

Sales forecast = 2079 units

Ending Inventory to be maintained:

= 10% of forecast sales

= 10% (2079 units)

= 208 units

Production:

= Sales + Ending Inventory - Beginning Inventory

= 2079 units + 208 units - Nil  

= 2,287 units

Taking current inventory into account, Dell's Production of 2,287 units After Adjustment have to be in order to have a 10% reserve of units available for sale.

8 0
2 years ago
Debra and Merina sell electronic equipment and supplies through their partnership. They wish to expand their computer lines and
Shtirlitz [24]

Answer:

a. Merina's captal is $160,000. Half would be $80,000.

Entry;

DR Merina, Capital ..................................................................$80,000

CR Wayne, Capital ....................................................................................$80,000

(To record purchase of half of Merina Capital)

b.

DR Cash......................................................................$180,000

CR Wayne, Capital.........................................................................$180,000

(To record Wayne investment)

<u>Working</u>

The current Capital amount is;

= 200,000 +160,000

= $360,000

If Wayne joins and adds to this such that he owns 1/3 then;

2/3x = 360,000

x = 360,000/2/3

x = $540,000

Wayne's share would be;

= 1/3 * 540,000

= $180,000

6 0
2 years ago
Vargas Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.77 direct labor
leva [86]

Answer:

11.20

Explanation: becuase it can be

3 0
2 years ago
Valerie is in the business of selling toys. She has noticed that the sale of toys increases on long holiday weekends. She has in
Rama09 [41]

Answer:

match strategy

Explanation:

The match strategy in <em>capacity planning</em> refers to the fluctuating capacity that is altered at times in order to meet a particular demand. Since Valerie increases the staff work hours (labor capacity) during the time of increased demand (weekend), she is using the match strategy, which is sometimes called adjustment strategy.                

8 0
2 years ago
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