Question 28 of 41 View Policies Current Attempt in Progress Oriole Company provides the following information for the new product it recently introduced. Total unit cost Desired ROI per unit Target selling price < O 28%. O 25%. O 22%. O 75%. $160 $44 $204 What would be Oriole Company's percentage markup on cost? ...
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- Multiple Choice Question 74 In applying the high-low method, what is the fixed cost? Month Miles Total Cost January 70000 $92000 February 42000 70000 March 60000 88000 April 82000 120000 O $50000 O $17500 O $32000 $18000 Click if you would like to Show Work for this question: Qpen ShoQuantity Quantity Supplied 80 60 40 20 0 Price Demanded 10 25 40 55 70 $90 $80 $70 $60 $50 Refer to the Table. The equilibrium price and quantity, respectively, are $80 and 60 units. $80 and 25 units. $60 and 55 units. $70 and 40 units.Items on variable costing income statement In the following equations, based on the variable costing income statement, identify the items designated by X: a. Net Sales X = Manufacturing Margin b. Manufacturing Margin X = Contribution Margin c. Contribution Margin X = Income from Operations
- Given the cost formula Y $17,500+ $4x, at what level of activity will total cost be $42,500? Multiple Choice 10,625 units 4,375 units 5,250 units. Search < Prev 22 of 25 ‒‒‒ +++ ‒‒‒ Next JWhat is the average purchase price per unit for the each product? * $85.00 Product QBC Product RBO $205.56 $145.00 $55.00X product100 units, unit selling price 1000, unit variable expense 800(total fixed expense 120,000) What is the breakeven point of product Z on a product basis?
- Answer 1234 with solution Alexi Division of Dezi Company makes and sells only one product. Annual data on Alexi division’s single products follows: Unit selling price ............................. P50 Unit variable cost ............................. 30 Total fixed costs .............................P200,000 Average operating assets ............... 750,000 Minimum required rate of return ........ 12% If Alexi sells 15,000 units per year, how much is the residual income? If Alexi sells 16,000 units per year, what is the return on investment? Suppose the manager of Alexi division desires a return on investment of 22%. In order to achieve this goal, how many units per year Alexi division must sell? Suppose the manager of Alexi division desires an annual residual income of P45,000. In order to achieve this, how many units Alexi division should sell?50 MULTIPLE CHOICE-PROBLEMS The following costs relate to Antonio Industries for the last quarter: Conversion cost 1. What is Antonio's prime cost for last quarter? a. P 460.000 b. P 410,000 C. P 405,000 d. P 487.475 2. Antonio's tetal manufacturing cost is P 460,000 P 645,000 P 650,000 P 650.600 2. b. C. d. 3. Antonio's total period cost is P 620,000 P 275.000 a. b. Direct materials Factory overhead is applied at 60% of direct labor cost. Selling and administrative expense C. d. P 400,000 P 185,000. Month March Milktopia, Inc. produces and sells milk flavored bubble gum. Over the last five months Milktopia had the following production costs and production volume.. Volume (in cases) 12 14 18 19.. 17 April May June July Cost Accounting a. P 400 b. P 1,200 5.. The variable cost per case is a. P b. P Cost P 6,000 6,659 8,370 8.800 8,050 4.. Using the high-low method. what is the fixed cost per month for bubble gum production? 400 600 P 435,000 215,600 185,000 c. P 4.800 d. P 7,600 c. P…1. 2₁ 3. $ Unit Selling Price $410 $520 (e) $ $ Unit Variable Costs $328 (c) (f) $ Unit Contribution Margin $234 $327 (a) Contribution Margin Ratio 30 % (b) % (d) %
- Determine the missing amounts. Unit Selling Price Unit Variable Costs Unit Contribution Margin Contribution Margin Ratio 1. $300 $165 A. B. 2. $600 C. $150 D. 3. E. F. $440 40%Testbank Multiple Choice Question 99 A markup of 32% on cost is equivalent to what markup on selling price? O 24.20% O 32.00% O 68.00% O 75.80%Segment profitability analysis The marketing segment sales for Caterpillar, Inc., for a year follow: In addition assume the following information: A. Use the sales information and the additional assumed information to prepare a contribution margin by segment report. Round to two decimal places. In addition, calculate the contribution margin ratio for each segment as a percentage, rounded to one decimal place. B. Prepare a table showing the manufacturing margin, dealer commissions, and variable promotion expenses as a percent of sales for each segment. (Round whole percents to one decimal place.) C. Use the information in (A) and (B) to interpret the segment performance.