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
g Mason Company paid its annual property taxes of $240,000 on February 15, 20X9. Mason also anticipates that its annual repairs
scZoUnD [109]

Answer:

$360,000

Explanation:

The total cost would be estimated as the expense anticipated plus the property taxes paid previously.

Now

Total Cost = $240,000 Property Taxes paid      +     $1,200,000 Property repairs anticipated

= $1,440,000

Now we will distribute the annual cost over the four quarters which mean we will divide the total annual cost by 4.

Quarterly Expenses = $1,440,000 / 4     = <u>$360,000</u>

4 0
2 years ago
When offered a choice between two sodas and 11 pizza slices or 14 sodas and three pizza slices, Nami replies that she would be e
dimaraw [331]

Answer:

Nami's indifferent in 3 points that lie on the different curve, the three poits

that are mentions are -

1. Point C - 5 soda and 6 pizza slices

2. Pont E - 2 soda and 11 pizza slices

3. Point F - 14 soda and 3 pizza slices.

Do check the graph,

In which x-axis is for pizza slices and Y-axis is for soda counts. The all three points are represented as E -( 2, 11), C - (5, 6), and F - ( 14, 3).

5 0
2 years ago
3. The impossible trinity Suppose the government of Iraq is deciding what kind of monetary policy and exchange rate regime to ch
vovangra [49]

Answer:

Correct Answer is (B)

Explanation:

We look at the objectives the government has in mind to achieve;

- stability in international trade

- stability in investment

Which of the listed policies will achieve these goals?

- the tool here used to control international trade is foreign exchange trading

- the tool used to control investment is interest rate

To achieve stability in these 2 indicators, both tools should be controlled. Thus the monetary policy & exchange rate regime to choose here is:

Controlling the interest rate in the country and imposing restrictions on foreign exchange trading.

Option (C) won't suffice because an independent monetary policy is necessary.

5 0
2 years ago
A firm is experiencing a loss of $5,000 per year. The firm has fixed costs of $8,000 per year.a. Should the firm operate in the
kramer

Answer:

(a) Continue to operate.

(b) Shut down

(c) Continue to operate.

Explanation:

(a) It is given that the firm will experiencing a loss of $5000. Therefore, it means that a loss of $5,000 is borne by the producer of the fixed cost. It is a portion of fixed cost but the firm will continue to operate in the short run if it covers all of the variable cost in the short run.

(b) The firms in the long run try to cover all of its variable and fixed cost. If this situation persists then this firm unable to cover its all costs. Therefore, the firm will shut down its operation and go out of the business.

(c) Now, if the firm’s fixed costs are $2,000.

There is a reduction in the fixed cost by $6,000

Previously firm able to cover = $8,000 - $5,000

                                                = $3,000

It means that it cover its fixed cost and hence, the firm will operate in both short run and long run.

4 0
2 years ago
A local supermarket sells a popular brand of shampoo at a fairly steady rate of 380 bottles per month. The cost of each bottle t
zimovet [89]

Answer:

annual demand = 380 * 12 = 4,560

order cost = $8.50

annual holding cost = $0.45 * 25% = $0.1125

EOQ = √[(2 * 4,560 * $8.50) / $0.1125] = 830.10 ≈ 830 units

time between placement of orders = 830 units / 4,560 units = 0.182 years = 2.18 months

reorder point = 4,560 units * 2/12 (lead time) = 760 units

A new order should be placed when the inventory level is 760 units

3 0
1 year ago
Other questions:
  • Getthere airlines currently charges $200$ dollars per ticket and sells $40{,}000$ tickets a week. for every $10$ dollars they in
    5·1 answer
  • Python Company sells merchandise on account for $5000 to Monte Company with credit terms of 2/10, n/30. Monte Company returns $1
    14·1 answer
  • Fluegge Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing
    5·1 answer
  • In a given year, Jennifer earns $50,000 and spends $40,000. During the same period, Stcve earns $30,000 and spends $27,000. If J
    6·1 answer
  • A ________ is when one party in a financial contract has incentives to act in its own interest rather than in the interests of t
    7·1 answer
  • Northern Trail Outfitters has released a Customer Service Community for its users and trekking equipment. Users can ask and answ
    11·1 answer
  • Blossom Company's trial balance reflected the following account balances at December 31, 2020: Accounts receivable (net) $40000
    5·1 answer
  • Brewer Inc. has 5,000 shares of 6%, $50 par value, cumulative preferred stock and 100,000 shares of $1 par value common stock ou
    14·1 answer
  • Green Company is planning to introduce a new product with a 75 percent incremental unit-time learning curve for production in ba
    11·1 answer
  • If average annual income for all workers is $37,000 and a person with a bachelor’s degree can expect to earn 32 percent more tha
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!