Dotterel Corporation uses the variable cost concept of product pricing. Below is cost information for the production and sale of 35,000 units of its sole product. Dotterel desires a profit equal to a 11.2% rate of return on invested assets of $350,000. Fixed factory overhead cost $105,000 Fixed selling and administrative costs 35,000 Variable direct materials cost per unit 4.34 Variable direct
labor cost per unit 5.18 Variable factory overhead cost per unit .98 Variable selling and administrative cost per unit .70 The dollar amount of desired profit from the production and sale of the company's product is:
A) $89,600
B) $39,200
C) $70,000
D) $84,000
B
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Today, ________ are flourishing due to the increased use of market segmentation and market targeting
A) chain stores B) specialty stores C) superstores D) discount stores E) off-price stores
The performance measurement system should encourage each manager to act in a manner that
a. makes the manager's units profits as high as possible. b. most positively supports the organization's mission and competitive strategies. c. increases his/her performance reward in the form of profit sharing. d. reduces the need for informational elements in support of the manager's planning function.
On what date do dividends become a legal liability of a corporation?
What will be an ideal response?
Most people who are addicted to illegal drugs are unemployed
Indicate whether the statement is true or false