What sales price would allow the CEO to achieve the target profit if the cost-plus pricing method is used? (Round your answer to nearest cent.) Show all computations.
Murong Enterprises is a price-setter that uses the cost-plus pricing approach. The products are specialty components used in industrial equipment. The CEO is certain that the company can produce and sell 500,000 units per year, due to the high demand for the product. Variable costs are $3.25 per unit. Total fixed costs are $860,000 per year. The target operating income for the year is $150,000.
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The receiver of property under intestacy statutes is known as a(n) ________
A) assignee B) trustee C) beneficiary D) heir
A network consists of the activities in the following list. Times are given in weeks
Activity Preceding Time A -- 8 B -- 3 C A 7 D A, B 3 E C 4 F D 6 a. Draw the network diagram. b. Calculate the ES, EF, LS, LF, and Slack for each activity. c. What is project completion time?
Terrence worked as a lifeguard 23 hours last week. If he earns $9.95 an hour, how much did he make?
The fourth decision making step is ________
a. rank the alternatives b. identify the goal(s) to be achieved and the decision to be made c. list alternatives d. isolate the facts