The minton company has gathered the following information for a unit of its most popular product: direct materials $ 7 direct labor 3 overhead (50% variable) 6 cost to manufacture 16 desired markup (50%) 8 target selling price $ 24 the above cost information is based on 5,900 units. a foreign distributor has offered to buy 2,900 units at a price of $19 per unit. this special order would not disturb regular sales. variable shipping and other selling expenses would be an additional $1 per unit for the special order. if the special order is accepted, minton's operating profits will increase by:
Answers: 3
Business, 21.06.2019 13:30
The budgeted overhead cost for the year is $1,260,000. the company has estimated that one-third of the budgeted overhead cost is incurred to support the firm's two partners, and two-thirds goes to support the staff accountants. the current audit bid for monoco industries requires $18,000 in direct partner professional labor, $30,000 in direct staff accountant professional labor, $5,000 in direct material. what is the overhead rate based on a single cost driver (rounded to the nearest percentage)?
Answers: 3
Business, 21.06.2019 19:00
Sara is a manager at a restaurant with employees from different cultural backgrounds. which action of sara could employees perceive as an act of favoritism?
Answers: 1
Business, 22.06.2019 11:00
Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period
Answers: 3
Business, 22.06.2019 11:50
The basic difference between macroeconomics and microeconomics is that: a. microeconomics looks at the forest (aggregate markets) while macroeconomics looks at the trees (individual markets). b. macroeconomics is concerned with groups of individuals while microeconomics is concerned with single countries. c. microeconomics is concerned with the trees (individual markets) while macroeconomics is concerned with the forest (aggregate markets). d. macroeconomics is concerned with generalization while microeconomics is concerned with specialization.
Answers: 3
The minton company has gathered the following information for a unit of its most popular product: d...
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