None Seaco Products produced 10,000 gears with the following unit costs: variable manufacturing costs $23, fixed manufacturingoverhead $4, variable selling and administrative expenses $2, and fixed selling and administrative expenses $3. The company has adesired ROI per unit of $8 and has invested assets of $445,000. Compute the variable-cost pricing markup percentage. (Roundanswer to 2 decimal places (e.g., 25.02).)Variable-cost pricing markup percentage%Save for LaterAttempts: 0 of 3 used Submit Answer

Absorption costing means where inventory is valued at total manufacturing cost.. Variable costing…

Answered: Seaco Products produced 10,000 gears…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter7: Variable Costing For Management analysis

Section: Chapter Questions

Problem 4BE

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Baxter Company has a relevant range of production between 15,000 and 30,000 units. The following cost data represents average variable costs per unit for 25,000 units of production. Using the costs data from Rose Company, answer the following questions: A. If 15,000 units are produced, what is the variable cost per unit? B. If 28,000 units are produced, what is the variable cost per unit? C. If 21,000 units are produced, what are the total variable costs? D. If 29,000 units are produced, what are the total variable costs? E. If 17,000 units are produced, what are the total manufacturing overhead costs incurred? F. If 23,000 units are produced, what are the total manufacturing overhead costs incurred? G. If 30,000 units are produced, what are the per unit manufacturing overhead costs incurred? H. If 15,000 units are produced, what are the per unit manufacturing overhead costs incurred?
Rose Company has a relevant range of production between 10,000 and 25.000 units. The following cost data represents average cost per unit for 15,000 units of production. Using the cost data from Rose Company, answer the following questions: If 10,000 units are produced, what is the variable cost per unit? If 18,000 units are produced, what is the variable cost per unit? If 21,000 units are produced, what are the total variable costs? If 11,000 units are produced, what are the total variable costs? If 19,000 units are produced, what are the total manufacturing overhead costs incurred? If 23,000 units are produced, what are the total manufacturing overhead costs incurred? If 19,000 units are produced, what are the per unit manufacturing overhead costs incurred? If 25,000 units are produced, what are the per unit manufacturing overhead costs incurred?
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Seaco Products produced 10,000 gears with the following unit costs: variable manufacturing costs $25, fixed manufacturing overhead $5, variable selling and administrative expenses $3, and fixed selling and administrative expenses $4. The company has a desired ROI per unit of $8 and has invested assets of $405,000. Compute the absorption-cost pricing markup percentage. (Round answer to 2 decimal places (e.g., 25.02).) Absorption-cost pricing markup percentage %
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