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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%

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What is the first step that a smart new-car buyer should take before talking to salespersons and putting a deposit on a car? A.
Jlenok [28]

Answer:

C. Study the car market.

Explanation:

When a person is about to buy a new-car, <u>he/she first have to see the car market which includes its price, model, performance, type of fuel, etc.</u> After this, he/she has to first confirm that the car is suitable for him/her.

Test-drive, car insurance and taking car loan are further steps. When the buyer is fully aware of the car and its market and then he/she will look up to these things.

3 0
2 years ago
The two processes that must occur before moving forward to planning the project are:
barxatty [35]

Answer:

Two processes before moving forward to planning the project are:

d. Identify stakeholders and develop project charter.

a. Collect requirements and define scope

Explanation:

Project Planning is an important first step to executing a project to achieve desired objectives.  But, before the proper project planning is started, there are processes that make planning projects easier and smoother.  First, the stakeholders must be identified to enable the development of project charter.  A project charter describes a project,  identifies the objects, how the objectives and the project will be carried out, and the stakeholders.  Second, project requirements must be collected.  These help to define the scope of the project.

7 0
2 years ago
The village of Hempstead has been taking a look at the issue of responding to 911 calls. It is a small community and geographica
yuradex [85]

Answer:

\bar X = \frac{17+12+9+16+14}{5}= 13.6min

So then the best answer for this case would be:

a. 13.6 minutes

Explanation:

For this case we have the following data for the response rates:

17,12,9,16,14

And we want to calculate the mean response time for 911 calls in this village.

And for this case we use we can use the definition of sample mean given by:

\bar X = \frac{\sum_{i=1}^n X_i}{n}

Where n = 5 represent the sample size for this case. If we replace we got:

\bar X = \frac{17+12+9+16+14}{5}= 13.6min

So then the best answer for this case would be:

a. 13.6 minutes

The sample mean is an estimator unbiased of the population mean because:

E(\bar X) = E(\frac{\sum_{i=1}^n X_i}{n}) = \frac{1}{n} \sum_{i=1}^n E(X_i) = \frac{n\mu}{n}= \mu

For this reason is a good statistic if we want to see central tendency in a group of values.

8 0
2 years ago
Which career would organize, train, and support teachers and educational workers to help them provide better instruction? O dist
asambeis [7]

Answer:

C

Explanation:

8 0
1 year ago
Read 2 more answers
Joshua Industries is considering a new project with cash inflows of $478,000 for the indefinite future. Cash costs are 68 percen
Alex

Answer:

$93,940.85

Explanation:

Adjusted present value is the sum of net present value of after tax cash flow and net present value of tax shield.

First compute after tax cash flow:

Cash inflow = $478,000

Cash cost = 68% of $478,000 = $325,040

Pre-tax profit = 478,000 - 325,040 = $152,960

Tax = 34 %

After tax cash flow = 152,960 (1 - 0.34) = $100,953.60

Net present value of after tax cash flow = \frac{After\ tax\ cash\ flow }{Cost\ of\ equity} -Intial\ investment\\

= \frac{100,953.60}{0.142} - 685,000

= $25,940.85

Present value of tax shield = Amount of debt × tax rate

= 200,000 × 0.34

= $68,000

Adjusted present value = 28,940.85 + 68,000

= $93,940.85

4 0
2 years ago
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