Managerial Accounting
Managerial Accounting
17th Edition
ISBN: 9781260247787
Author: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
Publisher: RENT MCG
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Subject: pricing strategies The Flower glance shop decided to implement new strategy to increase their flower business, and to ensure their quality and services. These strategies associated with the increase of variable cost from P10.50 to P15.50 and price will rise the price from P25.75 to P30.50. If the base sales level for the restaurant is 600 entrées per week, then the breakeven level of entrée sales that the managers should be considering can be calculated from the GBE formula will be?
You are the sales manager at Bright Lights (Pty) Ltd, a hardware store. A promotion and awareness campaign has been planned for a range of solar lamps, fridges and water pumps. You are meeting with the CFO and need to prepare the pricing suggestions for the products. Some prices are calculated by a mark-up on cost and others as a margin on selling price. Tent lamp Pond pump 300 30% mark-up on cost B 25% margin on selling price 50% mark-up on cost 2 000 D % mark-up on cost A 1 200 Garden light 500 Car bar 2 600 Home cooler 1 500 E % margin on selling price 2 050 2.1 Complete the table above by writing out answers for A to E. Round your answers to the nearest whole number. 2.2 The following transactions have taken place at Bright Lights over the past month. The company uses a periodic stock system. Purchases are therefore recorded during the year and a final stock count is done at year-end: Twenty pond pumps were purchased on credit for R18 000. Five car bars costing R10 000 were bought…
Cleveland Foods Data Note: You can download the Excel file containing Cleveland Foods' data by clicking the above link and perform the necessary calculations for answering the upcoming questions. Question 12 (1 point) □ What is the unit contribution of BlueLiq, considering the given information? $0.70 $2.50 $ 1.00 $1.70 $ $ J 0 20% Retail Margin 2.50 Price to consumers (Retail Price) 15% Wholesale Margin 2.00 Price to retailers (Wholesale Price) $ 1.70 Price to Wholesalers Variable Costs $ 0.70 per unit Fixed Costs Variable Manufacturing Costs $300,000 annual $200,000 Corporate Overhead $250,000 Marketing and Advertising $750,000 Total Fixed Costs Cleveland Foods Data Fixed Manufacturing Costs Note: You can download the Excel file containing Cleveland Foods' data by clicking the above link and perform the necessary calculations for answering the upcoming questions. Question 11 (1 point). Listen 4 What is the price at which Cleveland Foods sells BlueLiq to wholesalers? $1.70 $2.50 $1.00

Chapter 13 Solutions

Managerial Accounting

Ch. 13.A - Prob. 11PCh. 13.A - PROBLEM 12A-12 Absorption Costing Approach to...Ch. 13.A - PROBLEM 12A-13 Value-Based Pricing LO12-10 The...Ch. 13 - Prob. 1QCh. 13 - Prob. 2QCh. 13 - Prob. 3QCh. 13 - Prob. 4QCh. 13 - “Variable costs and differential costs mean the...Ch. 13 - 12-6 "All future costs are relevant in decision...Ch. 13 - Prentice Company is considering dropping one of...Ch. 13 - Prob. 8QCh. 13 - 12-9 What is the danger in allocating common fixed...Ch. 13 - 12-10 How does opportunity cost enter into a make...Ch. 13 - 12-11 Give at least four examples of possible...Ch. 13 - 12-12 How will relating product contribution...Ch. 13 - Define the following terms: joint products, joint...Ch. 13 - 12-14 From a decision-making point of view, should...Ch. 13 - What guideline should be used in determining...Ch. 13 - Prob. 16QCh. 13 - Prob. 1AECh. 13 - Prob. 2AECh. 13 - Cane Company manufactures two products called...Ch. 13 - ( Alpha Beta $30 $...Ch. 13 - Prob. 3F15Ch. 13 - Prob. 4F15Ch. 13 - Prob. 5F15Ch. 13 - ( Alpha Beta $30 $...Ch. 13 - Prob. 7F15Ch. 13 - Cane Company manufactures two products called...Ch. 13 - Prob. 9F15Ch. 13 - ( Alpha Beta $30 $...Ch. 13 - Prob. 11F15Ch. 13 - Prob. 12F15Ch. 13 - ( Alpha ...Ch. 13 - ( Alpha Beta $30 $...Ch. 13 - ( Alpha Beta $30 $...Ch. 13 - EXERCISE 12-1 Identifying Relevant Costs...Ch. 13 - EXERCISE 12-2 Dropping or Retaining a Segment...Ch. 13 - EXERCISE 12-3 Make or Buy Decision LO12-3 Troy...Ch. 13 - EXERCISE 12-4 Special Order Decision...Ch. 13 - EXERCISE 12-5 Volume Trade-Off Decisions...Ch. 13 - Prob. 6ECh. 13 - Prob. 7ECh. 13 - Prob. 8ECh. 13 - Prob. 9ECh. 13 - Prob. 10ECh. 13 - ( $3.60 10.00 2.40 9.00 $25.00 ) EXERCISE 12-11...Ch. 13 - Prob. 12ECh. 13 - EXERCISE 12-13 Sell or Process Further Decision...Ch. 13 - en r Ch. 13 - Prob. 15ECh. 13 - ( $150 31 20 29 3 24 15 $272 $34 ) EXERCISE...Ch. 13 - Prob. 17ECh. 13 - Prob. 18PCh. 13 - PROBLEM 12-19 Dropping or Retaining a Segment...Ch. 13 - PROBLEM 12-20 Sell or Process Further Decision...Ch. 13 - Prob. 21PCh. 13 - PROBLEM 12-22 Special Order Decisions LO12-4...Ch. 13 - PROBLEM 12-23 Make or Buy Decision LO12-3 Silven...Ch. 13 - Prob. 24PCh. 13 - Prob. 25PCh. 13 - Prob. 26PCh. 13 - Prob. 27PCh. 13 - Prob. 28PCh. 13 - CASE 12-29 Sell or Process Further Decision LO12-7...Ch. 13 - CASE 12-30 Ethics and the Manager; Shut Dora or...Ch. 13 - CASE 12-31 Integrative Case: Relevant Costs;...Ch. 13 - CASE 12-32 Make or Buy Decisions; Volume...Ch. 13 - Prob. 33C
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