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natka813 [3]
2 years ago
7

Target profit is $100,000; fixed overhead costs are $120,000 and fixed selling and administrative costs are $50,000. If total va

riable cost is $675,000, the markup percentage to the variable cost using the variable cost method is %. Round your answer to the nearest whole percent
Business
1 answer:
vlada-n [284]2 years ago
3 0

Answer:

40%

Explanation:

The markup percentage to the variable cost using the variable cost method can be obtained by dividing the addition of the target profit and total fixed cost by the total variable cost as follows:

Total fixed cost = Fixed overhead costs + Fixed selling and administrative costs = $120,000 + $50,00 = $170,000

The markup percentage to the variable cost = (Target profit + Total fixed cost) / Total variable cost = ($100,000 + $170,000) / $675,000 = $270,000 / $675,000 = 0.40, or 40%.

Therefore, the markup percentage to the variable cost using the variable cost method is 40%.

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Sam can only hire two full-time employees, but he needs even more help to make the two products he sells. Product Alpha has a co
blagie [28]

Answer:

Which product would result in the highest contribution margin - Product Beta

Explanation:

Here is a situation where production is limited by a particular resource - Labor Hours.

To determine which product to manufacture, Sam has to rank the Contribution per unit of the limiting factor - labor of Product Alpha and Product Beta

Contribution per limiting factor are already calculated as:

Product Alpha -  $750 per unit of limited resource

Product Beta - $975 per unit of limited resource

The Product with Highest Contribution per limiting factor results in highest contribution margin and must be worked on first

8 0
2 years ago
Which of the following systems is especially suited to situations in which the procedure for arriving at a solution may not be f
Step2247 [10]

Answer:

The correct answer is the option D: Decision Support System.

Explanation:

To begin with, <em>''Decision Support System''</em> or DDS is the name given to a type of information system whose main purpose is to help the users in the decision making process by given them support regarding data mining and the recollection of information in order to <u>present several alternatives that may help the user to resolve a problem that may be rapidly changing and not easily specified in advance</u>, for example unstructured decision problems.

8 0
2 years ago
A developer wants to build a sprawling two-story office complex. The developer's and architect's vision is something low, modern
Pepsi [2]

Answer:

Functional zoning, commercial zoning

Explanation:

Most common zoning type is functional zoning, where land used zones are defined according to their function, such as commercial, residential or industrial. Each zone is under regulations regarding the type of activities that can be built. Usually functional type zoning requires another form of division, based on physical characteristics like development density, minimum lot size and building coverage. Since in this example, we have a clear usage of future buildings, it falls under this category.

3 0
2 years ago
Lori, a self-employed pediatrician, currently earns $200,000 annually. Lori has been able to save 15%of her annual Schedule C ne
Dafna11 [192]

Answer:

49.5%.

Explanation:

% of salary towards social security tax = (19000/200,000)*100

                                                                = 9.5%

% of savings = 15%

Yearly mortgage payments = 4333.33*12

                                              = 52000

% of mortgage payments = (52000/200,000)*100

                                          = 26%

Replacement ratio = 100% - ( 9.5% + 15% + 26%)

                               = 49.5%

Therefore, You would expect Lori's wage replacement ratio to be 49.5% at retirement.

7 0
2 years ago
How does a company's use of social media reflect audience-centered communication?
MA_775_DIABLO [31]

Answer:

There is an explanation of why the social media is so important today in the terms of communication regarding the marketing strategy in the companies below.

Explanation:

To begin with, nowadays the with the use of internet and more importantly the social media the companies have to adapt their strategy of communication according to the marketing theory in order to reach to the target audience who are the ones that will provide them with all of their primary profits when they sell. So that is why that social media has become one of the base aspects in which the company has to develop itself and try to to get better at it so that they could approach the consumers with that media of communication that is truly quite effective with the young consumers in the present time. Therefore that the social media reflects the most of the proper communication with the younger consumers nowadays, because it is a fundamental use of every day life for them.

4 0
2 years ago
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