Question: Ryan and Sam are discussing how to compute the material loading percentage for the company. Sam says they should leave the desired profit margin out

Ryan and Sam are discussing how to compute the material loading percentage for the company. Sam says they should leave the desired profit margin out of the equation, but Ryan thinks it is necessary. Which of them is correct?

Select answer from the options below

Sam, because the material loading percentage will be higher if the desired profit margin is not factored in.

Ryan, because the material loading percentage will be higher if the desired profit margin is not factored in.

Ryan, because the material loading percentage will be lower if the desired profit margin is not factored in.

Sam, because the desired profit margin is not needed to calculate the material loading percentage.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Scenario: Absco, Inc., is a calendar year - end clothing manufacturer that sells exclusively to retailers. It engages in a large number of contracts with its customers. Absco signed a contract with...

oter 2 1 : OPTIONAL Practice Questions ( EXTRA CREDIT AVAILABLE ) 2 1 . 3 Time - And Material Pricing Ryan and Sam are discussing how to compute the material loading percentage for the company. Sam...

The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...

LeBlanc v Eames d/b/a Mollys Miracles Molly Eames is a seamstress who specializes in wedding dress alterations. She owns her own business named Mollys Miracles which she operates out of her home...

Ryan has moved frequently during his life and now lives in Key West, Florida. He works as a bartender and owns a small home. He has spent most of the money he has made and continues to do so. Ryans...

Qualfied LTC policies are required to offer inflation protection as an optional feature. True O False QUESTION 57 Ryan has moved frequently during his life and now lives in Key West, Florida. He...

PLEASE ANSWER IN ENGLISH. Case Study: "Well, what do you think so far?" asked Damario, the revenue manager at the Barcena Resort. Damario was talking with Sam, the resort's F&B director. They were...

SUBJECT :ANALYSIS OF FINANCIAL STATEMENTS Question 1: Scott Ross, CFO of Ryan Industries PLC, is discussing the publication of the annual report with his managing director Nathan Davison. Graydon...

Sharon is the senior business analyst and working with Sam. Sam is the project manager in the project and he is involved in the cost estimate process in project cost management. Sharon and Sam are...

Edusofts market value capital structure is as follows (in millions of dollars): Debt $ 50 Equity 50 $100 If the company raises $20 million in additional capital by selling (1) convertibles or (2)...

Discuss the need for regulation of advertising and other IMC tools Do you advocate more or less regulation of advertising and other forms of promotion by governmental agencies such as the Federal...

exchanges a rental building adjusted basis of 5 2 0 0 0 0 for investment land which has fmv of 7 0 0 0 0 0 in addition recieves 1 0 0 0 0 0 cash. what is recognized gain or loss and the basis of the...

Sketch the region bounded between the given functions on the interval and calculate the centroid of each region (use Simpson's rule with n = 20 if necessary). Plot the location of the centroid on...

Prepare a strengths, weaknesses, opportunities, and threats analysis (SWOT).

2. What is the impact of information systems on organizations?

Evaluate the impact of technology on HR employee services.