Answer:The product margin for product M5 is $7,385
Explanation:
To calculate the product margin for product M5,
Processing 3,870 ÷ 9,000
= 0.43 per MH
Supervising 25,000 ÷ 1,000
= $25 per batch
To calculate the overhead cost for product M5
Processing 0.43 per MH × 500
= $215
Supervising $25 per batch × 500 batches
= $12,500
Total = $12,500 + $215
= $12,715
To calculate the product margin for product M5 under activity based costing
$
Sales. 95,400
Less:
Direct materials 32,500
Direct Labour 42,800
----------------
Prime Cost. 75,300
Add: Overhead 12,715
----------------
Total Cost of production. 88,015
-----------------
Product Margin. 7,385
------------------
Answer:
Explanation:
Firs, find the markup amount in dollars;
Markup amount = Cost * markup rate
Cost = $22
markup rate = 30% or 0.30 as a decimal
Markup amount = 0.30*22 = $6.6
Next, find the retail price using the markup amount calculated above;
Retail Price = Markup amount + cost
Retail price = $6.6 +$22
= $28.6
Therefore, the sneakers retail price is $28.6
Answer:
define the problem and research objectives
Explanation:
According to my research on the marketing research process, I can say that based on the information provided within the question their first step was to define the problem and research objectives. This allows the company to come up with the right strategy for this specific situation in order to achieve their objectives.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
The correct answer is letter "A": True.
Explanation:
Inbound logistics refers to goods entering a company being shipped, processed and delivered. Inbound logistics is concerned with the relationship between companies and their suppliers. Inbound logistics is related to all inner processes a firm carries on to manufacture a product until it leaves the company for retail.
Section A = 22,500 seats
section B = 14,900 seats
section C = 7,600 seats