Using the cost-plus pricing approach, what should be the sales price per unit?

Conquest, Inc. produces a special kind of light-weight, recreational vehicle that has a unique design. It allows the company to follow a cost-plus pricing strategy. It has $9,000,000 of average assets, and the desired profit is a 10% return on assets. Assume all products produced are sold. Additional data are as follows:







A) $5400

B) $11,000

C) $1100

D) $1000


A) $5400

Business

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RSC, Inc. has been a member of the Better Business Bureau for five years. In the past year, RSC has had a number of customer complaints that it has not addressed. In response, what can the BBB do? 

A. Institute a fine against the RSC B. File a lawsuit against RSC in a federal court C. Expel RSC from its local bureau and make local residents aware D. Force RSC to address the complaints E. File a lawsuit against RSC in a state court

Business

Answer the following statements true (T) or false (F)

1. Activity-based costing refines the cost allocation process even more than traditional allocation costing systems. 2. The first step in developing an activity-based costing system is to identify the activities that will be used to allocate the manufacturing overhead costs. 3. Indirect costs allocated to products using activity-based costing are more accurate than traditional allocation systems. 4. Companies with diverse products can obtain better costing information by using a single plantwide rate for allocating manufacturing costs. 5) For a centralized company, the major planning and controlling decisions are made by top management.

Business

The constant growth Dividend Discount Model (DDM) may be written as _____.?

A. ?r0 = D0/(P0 + g) B. ?P0 = D0/(rs + g) C. ?P0 = D0/(rs? g) D. ?P0 = D1/(rs- g) E. ?r0 = D0/(P0- g)

Business

Certified Grocers Midwest, Inc., the Chicago-based grocery wholesale cooperative, provides all kinds of meats, cereals, canned and fresh fruits and vegetables, beauty aids, health care items, and pet products to the supermarkets in its channel. Certified Grocers is aiding consumers by overcoming:

A. spatial discrepancy B. discrepancy of quantity C. discrepancy of assortment D. demand discrepancies E. discrepancy of possession

Business