answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Keith_Richards [23]
2 years ago
10

During the current year, Chudrick Corporation expects to produce 10,000 units and has budgeted the following: net income $300,00

0, variable costs $1,100,000, and fixed costs $100,000. It has invested assets of $1,500,000. The company’s budgeted ROI was 20%. What was its budgeted markup percentage using a full-cost approach?
Business
1 answer:
vodomira [7]2 years ago
3 0

Answer:

25%

Explanation:

For the computation of budgeted markup percentage using a full-cost approach first we need to find out the profit expected and total cost which is shown below:-

Profit Expected = $1,500,000 × 20%

= $300,000

Total cost = Variable cost + Fixed cost

= $1,100,000 + $100,000

= $12,00,000

Budgeted Markup Percentage = Profit ÷ Total Cost

= $300,000 ÷ $12,00,000

= 25%

You might be interested in
Can cathy withdraw money from her ira savings account
AlladinOne [14]
We would be able to answer that but we don't have enough information to
7 0
1 year ago
Read 2 more answers
44. CEO compensation The total compensation of the chief executive officers (CEOs) of the 800 largest U.S. companies (the Fortun
galben [10]

Answer

The answer and procedures of the exercise are attached inthe following images.

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

7 0
1 year ago
A company might conduct full-scale practice drills, including closing a building and working from a remote location, in order to
ddd [48]
TRUE. A company might conduct full-scale practice drills, including closing a building and working from a remote location, in order to test its contingency plans
3 0
2 years ago
A portfolio consists of the following two funds. Fund A Fund B $ Invested $ 12,000 $ 8,000 Weight 60 % 40 % Exp Return 15 % 12 %
vova2212 [387]

Answer:

Sharpen Ratio   =            <u>    Rp  - Rf</u>

                         standard deviation of portfolio

                        =    <u>13.8%  - 3.6%</u>

                                     173.11%

                              =   0.05892

                              = 0.059

workings

Return of portfolio   =   Ra*wa  +  Rb*Wb

                            =  15%*0.6  +  12%*0.4  

                           =   9%  +  4.8%  =  13.8%

Standard deviation of portfolio =  square root of variance

= √ stdA²wa² + stadB²wb² + 2wawbcorrAB

= √(24%*0.6)² +(14%*0.4)²  + 2*0.6*0.4*1.27

=  √207.36% + 31.36% + 0.6096

=  √2.9968

= 1.73

=  173.11%

                                                 

Explanation:

7 0
2 years ago
Everything Looks Like a Nail, Inc. is a manufacturing company that produces hammers. The company faces a number of different fix
nikitadnepr [17]

Answer:

a. Regulatory compliance costs  - Fixed cost

b. Salaries of top management and key personnel - Fixed cost

c. Cost of metal used in manufacturing  - Variable cost

d. Cost of wood used in manufacturing  - Variable cost

e. Mortgage payments  - Fixed cost

f. Industrial equipment costs  - Fixed cost

g. Interest on debt  - Fixed cost

h. Postage and packaging costs - Variable cost

Explanation:

The cost which is affected by the production of units is known as variable cost. The cost which does not vary with the units produced is fixed cost. Fixed cost does not change from period to period irrespective of level of output and is usually same for a certain period. It is easy to budget for fixed costs instead of variable cost. Variable cost changes every period and is based on company's output.

6 0
1 year ago
Read 2 more answers
Other questions:
  • A country withholds funding from any college or university that does not accept women at the same rate as men. This action refle
    15·2 answers
  • The three players in the money supply process include
    8·1 answer
  • A company developed the following per unit materials standards for its product: 3 pounds of direct materials at $5 per pound. If
    5·1 answer
  • According to the video, what qualities, skills, and abilities do workers in this career cluster need? Check all that apply.
    11·2 answers
  • Sanders Company has the following information for last year: Selling price $190 per unit Variable production costs $52 per unit
    5·1 answer
  • The coastal town of olaspen offers various exotic water sports and hiking expeditions to its tourists. the town government of ol
    14·1 answer
  • On March 25, Osgood Company sold merchandise on account, $3,200 terms n/30. The applicable sales tax percentage is 6%. Record th
    11·1 answer
  • Paul has budgeted to pay $80 each month on his credit card which has a $2,818 balance and has an annual finance rate of 15.9%. H
    14·1 answer
  • Greater air pollution from car production leads to increased rates of asthma and infant mortality, imposing costs on the rest of
    9·1 answer
  • Drew and Tammy decide to start a new cake-decorating business. They each contribute $10,000 to get the business off the ground.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!