I also need part (d) if possible, which is "Using Variable-Cost Pricing, compute the markup...
80.2K
Verified Solution
Link Copied!
Question
Accounting
I also need part (d) if possible, which is "Using Variable-Cost Pricing, compute the markup percentage?
Schopp Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Schopp Corporation's anticipated annual volume of 483.000 units. Total Per Unit $6 $10 $14 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $2,898.000 $17 $1.449.000 The company has a desired ROI of 25%. It has invested assets of $27.048,000. (a) Your answer is correct Compute the total cost per unit. Total cost $ 56 per unit eTextbook and Media Attempts: 1 of 5 used (b) Your answer is correct. Compute the desired ROI per unit. ROI $ 14 per unit eTextbook and Media Attempts: 1 of 5 used Your answer is correct. Compute the total cost per unit Total cost $ 56 per unit eTextbook and Media Attempts: 1 of 5 used (b) Your answer is correct. Compute the desired ROI per unit. ROI 14 per unit eTextbook and Media Attempts: 1 of 5 used (c) * Your answer is incorrect. Using absorption-cost pricing, compute the markup percentage (Round answer to 2 decimal places, eg. 10.50%) Absorption-cost pricing markup percentage 60.71 % eTextbook and Media Save for Later Attempts: 4 of 5 used Submit Answer (d) The parts of this question must be completed in order. This part will be available when you complete the part above
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!