Based on the data presented in Exercise 12-15, assume that Global Devices Inc. uses the product cost
Question:
Based on the data presented in Exercise 12-15, assume that Global Devices Inc. uses the product cost concept of applying the cost-plus approach to product pricing.
a. Determine the total manufacturing costs and the cost amount per unit for the production and sale of 80,000 units of computer tablets.
b. Determine the product cost markup percentage for computer tablets.
c. Determine the selling price of computer tablets.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (17 reviews)
a b c Cost amount per unit 15000 Markup 150 215 ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Managerial Accounting questions
-
Based on the data presented in Exercise 6-26, journalize Bitone Co.s entries for (a) The purchase, (b) The return of the merchandise for credit, and (c) The payment of the invoice within the discount...
-
Based on the data presented in Exercise 5-23, Journalize Boyle Co.s entries for (a) The purchase, (b) The return of the merchandise for credit, and (c) The payment of the invoice within the discount...
-
Based on the data presented in Exercise 5-28, journalize Beta Co.s entries for (a) The purchase, (b) The return of the merchandise for credit, and (c) The payment of the invoice within the discount...
-
where a bank's liabilities can be withdrawn in the short-term while its assets are being repaid in the long-term.
-
Explain the following: (a) Cyclononatetraenyl anion is planar (in spite of the angle strain involved) and appears to be aromatic. (b) Although [16]annulene is not aromatic, it adds two electrons...
-
What is the longest prefix of the string "cgtacgttcgtacg" that is also a suffix of this string?
-
Consider all 40 observations on the delivery time data. Delete \(10 \%\) (4) of the observations at random. Fit a model to the remaining 36 observations, predict the four deleted values, and...
-
Kate Petusky prepared Addison Controls' balance sheet and income statement for 2013. Before she could complete the statement of cash flows, she had to leave town to attend to a family emergency....
-
You write one Baltimore Cloud Inc. August 120 call option contract for a premium of $4.58. You hold the position until the expiration date when Baltimore Cloud stock sells for $99.44 per share....
-
Read the given description of a CSP and write solution as per the given questions: [20] YCPS@GIFT is going to arrange a gaming competition at campus. They are considering using seven games for this...
-
Global Devices Inc. uses the total cost concept of applying the cost-plus approach to product pricing. The costs of producing and selling 80,000 units of computer tablets are as follows: Global...
-
Based on the data presented in Exercise 12-15, assume that Global Cellular Inc. uses the variable cost concept of applying the cost-plus approach to product pricing. a. Determine the variable costs...
-
A sample initially contains 1.6 moles of a radioactive isotope. How much of the sample remains after four half-lives? (a) 0.0 mol (b) 0.10 mol (c) 0.20 mol (d) 0.40 mol
-
During the period 19602007, earnings of the S&P 500 Index companies have increased at an average rate of 8.18 percent per year, and the dividends paid have increased at an average rate of 5.9 percent...
-
Orpheum Productions in Nevada is considering three mutually exclusive alternatives for lighting enhancements to one of its recording studios. Each enhancement will increase revenues by attracting...
-
Record the following details relating to a carpet retailer for the month of November 2017 and extract a trial balance as at 30 November 2017. 2017 Nov 1 Started in business with 15,000 in the bank. 3...
-
Extranuclear inheritance occurs due to a. chromosomes that have become detached from the spindle apparatus during meiosis. b. genetic material that is found in chloroplasts and mitochondria. c....
-
What is the output of the following? A. false 1 B. false 2 C. true 1 D. true 2 E. Does not compile 5: var line = new String("-"); 6: var anotherLine = line.concat(""); 7: System.out.print(line ==...
-
Show that 1x 4 + 1 1 x 2 for all x, and use this to prove that converges. 00 S dx x + 1 X
-
-x/2 x/4 If A = -x/2 and A-1 =6 then x equals
-
Determine \(\boldsymbol{Y}_{\text {bus }}\) in per unit for the circuit in Problem 7.12. Then invert \(\boldsymbol{Y}_{\text {bus }}\) to obtain \(\boldsymbol{Z}_{\text {bus }}\). Problem 7.12...
-
The following information is available for the first month of operations of Url Inc., a manufacturer of art and craft items: Sales.................... $1,200,000 Gross profit.....................
-
An incomplete subsidiary ledger of wire cable for May is as follows: a. Complete the materials issuances and balances for the wire cable subsidiary ledger.b. Determine the balance of wire cable at...
-
Materials issued for the current month are as follows: a. Determine the amount of materials transferred to work-in-process and factory overhead for the current month.b. Illustrate the effect on the...
-
S&J Catering is a small catering business operating in Western Sydney. Business partners, Jack and Simon, established the business a year ago. To start up the business, the partners contributed...
-
In 20X1, Lee was hurt in the course of his employment with Foster Farms. In 20X1, Lee was paid the following amounts from Foster Farms' worker's compensation insurance company: $30,000 for a physical...
-
Briefly describe tax administrative matters including: Tax collection and withholding mechanisms (PAYG withholding, PAYG instalments).
Study smarter with the SolutionInn App