*Exercise 14.19 Designs by Pearl is a graphic design studio specializing in logos and business...
70.2K
Verified Solution
Link Copied!
Question
Accounting
*Exercise 14.19 Designs by Pearl is a graphic design studio specializing in logos and business stationery. Pearl has just made a $68,200 investment in her company and desires a 11% return. Annually, she designs and prints 3,700 orders. Her costs include Variable 41 per order Production costs 133 per order 44,400 per year Fixed 66,230 per year Design costs Marketing costs $2,960 per year hipping costs 16 per order Determine the mark-up percentage using (Round all entries to 2 decimal places, e.g. 15.25%.) Mark-up percentage 1. Absorption cost-based pricing 2. Variable cost-based pricing 3. Total cost-based pricing Determine the selling price for each mark-up percentage calculated in previous part. (Round all entries to 2 decimal places, e.g. 15.25.) Selling price 1. Absorption cost-based pricing$ 2. Variable cost-based pricing$ 3. Total cost-based pricing
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!