Total cost pricing: It is an approach to fix a price of a product that includes all the costs such as all variable costs and fixed costs associated for manufacturing a product. To determine : The total cost per unit of a mechanical alligator

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Answer 1

Question

Chapter 8, Problem 8.18E

(a)

To determine

Total cost pricing: It is an approach to fix a price of a product that includes all the costs such as all variable costs and fixed costs associated for manufacturing a product.

To determine: The total cost per unit of a mechanical alligator

(b)

To determine

Return on investment (ROI): This financial ratio evaluates how efficiently the assets are used in earning income from operations. So, ROI is a tool used to measure and compare the performance of a units or divisions or a companies.

Formula for desired ROI per unit:

Desired ROI per unit = Desired ROI percentage×Amount investedNumber of units produced

To determine: The desired ROI per session for Corporation S

(c)

To determine

Markup percentage: The percentage of return on investment (ROI) achieved per unit over the total cost of production per unit, is referred to as markup percentage.

Formula for mark-up percentage, under absorption-cost pricing approach:

Mark-up percentage = {Desired ROI per unit+Selling and administrative expenses per unit}Manufacturing cost per unit

Absorption-cost Pricing: It is an approach to fix a price of a product that includes only the variable and fixed manufacturing overhead costs incurred for manufacturing a product.

To compute: The markup percentage for mechanical alligators of Corporation S, under absorption-cost pricing approach

(d)

To determine

Variable-cost pricing: This pricing approach is used by the companies to set the target selling price based on all variable manufacturing costs, but fixed costs, plus desired profit.

Markup percentage: The percentage of return on investment (ROI) achieved per unit over the total cost of production per unit, is referred to as markup percentage.

Formula for mark-up percentage, under variable-cost pricing approach:

Mark-up percentage = {Desired ROI per unit+Fixed cost per unit}Variable cost per unit

To compute: The markup percentage for mechanical alligators of Corporation S, under variable-cost pricing approach

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Answer 2

Question

Chapter 8, Problem 8.18E

(a)

To determine

Total cost pricing: It is an approach to fix a price of a product that includes all the costs such as all variable costs and fixed costs associated for manufacturing a product.

To determine: The total cost per unit of a mechanical alligator

(b)

To determine

Return on investment (ROI): This financial ratio evaluates how efficiently the assets are used in earning income from operations. So, ROI is a tool used to measure and compare the performance of a units or divisions or a companies.

Formula for desired ROI per unit:

Desired ROI per unit = Desired ROI percentage×Amount investedNumber of units produced

To determine: The desired ROI per session for Corporation S

(c)

To determine

Markup percentage: The percentage of return on investment (ROI) achieved per unit over the total cost of production per unit, is referred to as markup percentage.

Formula for mark-up percentage, under absorption-cost pricing approach:

Mark-up percentage = {Desired ROI per unit+Selling and administrative expenses per unit}Manufacturing cost per unit

Absorption-cost Pricing: It is an approach to fix a price of a product that includes only the variable and fixed manufacturing overhead costs incurred for manufacturing a product.

To compute: The markup percentage for mechanical alligators of Corporation S, under absorption-cost pricing approach

(d)

To determine

Variable-cost pricing: This pricing approach is used by the companies to set the target selling price based on all variable manufacturing costs, but fixed costs, plus desired profit.

Markup percentage: The percentage of return on investment (ROI) achieved per unit over the total cost of production per unit, is referred to as markup percentage.

Formula for mark-up percentage, under variable-cost pricing approach:

Mark-up percentage = {Desired ROI per unit+Fixed cost per unit}Variable cost per unit

To compute: The markup percentage for mechanical alligators of Corporation S, under variable-cost pricing approach

Expert Solution & Answer

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Answer 3

Question

Chapter 8, Problem 8.18E

(a)

To determine

Total cost pricing: It is an approach to fix a price of a product that includes all the costs such as all variable costs and fixed costs associated for manufacturing a product.

To determine: The total cost per unit of a mechanical alligator

(b)

To determine

Return on investment (ROI): This financial ratio evaluates how efficiently the assets are used in earning income from operations. So, ROI is a tool used to measure and compare the performance of a units or divisions or a companies.

Formula for desired ROI per unit:

Desired ROI per unit = Desired ROI percentage×Amount investedNumber of units produced

To determine: The desired ROI per session for Corporation S

(c)

To determine

Markup percentage: The percentage of return on investment (ROI) achieved per unit over the total cost of production per unit, is referred to as markup percentage.

Formula for mark-up percentage, under absorption-cost pricing approach:

Mark-up percentage = {Desired ROI per unit+Selling and administrative expenses per unit}Manufacturing cost per unit

Absorption-cost Pricing: It is an approach to fix a price of a product that includes only the variable and fixed manufacturing overhead costs incurred for manufacturing a product.

To compute: The markup percentage for mechanical alligators of Corporation S, under absorption-cost pricing approach

(d)

To determine

Variable-cost pricing: This pricing approach is used by the companies to set the target selling price based on all variable manufacturing costs, but fixed costs, plus desired profit.

Markup percentage: The percentage of return on investment (ROI) achieved per unit over the total cost of production per unit, is referred to as markup percentage.

Formula for mark-up percentage, under variable-cost pricing approach:

Mark-up percentage = {Desired ROI per unit+Fixed cost per unit}Variable cost per unit

To compute: The markup percentage for mechanical alligators of Corporation S, under variable-cost pricing approach

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 8, Problem 8.18E

(a)

To determine

Total cost pricing: It is an approach to fix a price of a product that includes all the costs such as all variable costs and fixed costs associated for manufacturing a product.

To determine: The total cost per unit of a mechanical alligator

(b)

To determine

Return on investment (ROI): This financial ratio evaluates how efficiently the assets are used in earning income from operations. So, ROI is a tool used to measure and compare the performance of a units or divisions or a companies.

Formula for desired ROI per unit:

Desired ROI per unit = Desired ROI percentage×Amount investedNumber of units produced

To determine: The desired ROI per session for Corporation S

(c)

To determine

Markup percentage: The percentage of return on investment (ROI) achieved per unit over the total cost of production per unit, is referred to as markup percentage.

Formula for mark-up percentage, under absorption-cost pricing approach:

Mark-up percentage = {Desired ROI per unit+Selling and administrative expenses per unit}Manufacturing cost per unit

Absorption-cost Pricing: It is an approach to fix a price of a product that includes only the variable and fixed manufacturing overhead costs incurred for manufacturing a product.

To compute: The markup percentage for mechanical alligators of Corporation S, under absorption-cost pricing approach

(d)

To determine

Variable-cost pricing: This pricing approach is used by the companies to set the target selling price based on all variable manufacturing costs, but fixed costs, plus desired profit.

Markup percentage: The percentage of return on investment (ROI) achieved per unit over the total cost of production per unit, is referred to as markup percentage.

Formula for mark-up percentage, under variable-cost pricing approach:

Mark-up percentage = {Desired ROI per unit+Fixed cost per unit}Variable cost per unit

To compute: The markup percentage for mechanical alligators of Corporation S, under variable-cost pricing approach

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 5

Chapter 8, Problem 8.18E

(a)

To determine

Total cost pricing: It is an approach to fix a price of a product that includes all the costs such as all variable costs and fixed costs associated for manufacturing a product.

To determine: The total cost per unit of a mechanical alligator

(b)

To determine

Return on investment (ROI): This financial ratio evaluates how efficiently the assets are used in earning income from operations. So, ROI is a tool used to measure and compare the performance of a units or divisions or a companies.

Formula for desired ROI per unit:

Desired ROI per unit = Desired ROI percentage×Amount investedNumber of units produced

To determine: The desired ROI per session for Corporation S

(c)

To determine

Markup percentage: The percentage of return on investment (ROI) achieved per unit over the total cost of production per unit, is referred to as markup percentage.

Formula for mark-up percentage, under absorption-cost pricing approach:

Mark-up percentage = {Desired ROI per unit+Selling and administrative expenses per unit}Manufacturing cost per unit

Absorption-cost Pricing: It is an approach to fix a price of a product that includes only the variable and fixed manufacturing overhead costs incurred for manufacturing a product.

To compute: The markup percentage for mechanical alligators of Corporation S, under absorption-cost pricing approach

(d)

To determine

Variable-cost pricing: This pricing approach is used by the companies to set the target selling price based on all variable manufacturing costs, but fixed costs, plus desired profit.

Markup percentage: The percentage of return on investment (ROI) achieved per unit over the total cost of production per unit, is referred to as markup percentage.

Formula for mark-up percentage, under variable-cost pricing approach:

Mark-up percentage = {Desired ROI per unit+Fixed cost per unit}Variable cost per unit

To compute: The markup percentage for mechanical alligators of Corporation S, under variable-cost pricing approach

Answer 6

Chapter 8, Problem 8.18E

(a)

To determine

Total cost pricing: It is an approach to fix a price of a product that includes all the costs such as all variable costs and fixed costs associated for manufacturing a product.

To determine: The total cost per unit of a mechanical alligator

Answer 7

Chapter 8, Problem 8.18E

(a)

To determine

Total cost pricing: It is an approach to fix a price of a product that includes all the costs such as all variable costs and fixed costs associated for manufacturing a product.

To determine: The total cost per unit of a mechanical alligator

Answer 8

(b)

To determine

Return on investment (ROI): This financial ratio evaluates how efficiently the assets are used in earning income from operations. So, ROI is a tool used to measure and compare the performance of a units or divisions or a companies.

Formula for desired ROI per unit:

Desired ROI per unit = Desired ROI percentage×Amount investedNumber of units produced

To determine: The desired ROI per session for Corporation S

Answer 9

(b)

To determine

Return on investment (ROI): This financial ratio evaluates how efficiently the assets are used in earning income from operations. So, ROI is a tool used to measure and compare the performance of a units or divisions or a companies.

Formula for desired ROI per unit:

Desired ROI per unit = Desired ROI percentage×Amount investedNumber of units produced

To determine: The desired ROI per session for Corporation S

Answer 10

(c)

To determine

Markup percentage: The percentage of return on investment (ROI) achieved per unit over the total cost of production per unit, is referred to as markup percentage.

Formula for mark-up percentage, under absorption-cost pricing approach:

Mark-up percentage = {Desired ROI per unit+Selling and administrative expenses per unit}Manufacturing cost per unit

Absorption-cost Pricing: It is an approach to fix a price of a product that includes only the variable and fixed manufacturing overhead costs incurred for manufacturing a product.

To compute: The markup percentage for mechanical alligators of Corporation S, under absorption-cost pricing approach

Answer 11

(c)

To determine

Markup percentage: The percentage of return on investment (ROI) achieved per unit over the total cost of production per unit, is referred to as markup percentage.

Formula for mark-up percentage, under absorption-cost pricing approach:

Mark-up percentage = {Desired ROI per unit+Selling and administrative expenses per unit}Manufacturing cost per unit

Absorption-cost Pricing: It is an approach to fix a price of a product that includes only the variable and fixed manufacturing overhead costs incurred for manufacturing a product.

To compute: The markup percentage for mechanical alligators of Corporation S, under absorption-cost pricing approach

Answer 12

(d)

To determine

Variable-cost pricing: This pricing approach is used by the companies to set the target selling price based on all variable manufacturing costs, but fixed costs, plus desired profit.

Markup percentage: The percentage of return on investment (ROI) achieved per unit over the total cost of production per unit, is referred to as markup percentage.

Formula for mark-up percentage, under variable-cost pricing approach:

Mark-up percentage = {Desired ROI per unit+Fixed cost per unit}Variable cost per unit

To compute: The markup percentage for mechanical alligators of Corporation S, under variable-cost pricing approach

Answer 13

(d)

To determine

Variable-cost pricing: This pricing approach is used by the companies to set the target selling price based on all variable manufacturing costs, but fixed costs, plus desired profit.

Markup percentage: The percentage of return on investment (ROI) achieved per unit over the total cost of production per unit, is referred to as markup percentage.

Formula for mark-up percentage, under variable-cost pricing approach:

Mark-up percentage = {Desired ROI per unit+Fixed cost per unit}Variable cost per unit

To compute: The markup percentage for mechanical alligators of Corporation S, under variable-cost pricing approach

Answer 14

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Answer 15

Expert Solution & Answer

Answer 16

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Answer 17

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Total cost pricing: It is an approach to fix a price of a product that includes all the costs such as all variable costs and fixed costs associated for manufacturing a product. To determine : The total cost per unit of a mechanical alligator

Solution Summary: The author explains total cost pricing as an approach to fix the price of a product that includes all the costs such as all variable costs and fixed costs associated with manufacturing.

Total cost pricing: It is an approach to fix a price of a product that includes all the costs such as all variable costs and fixed costs associated for manufacturing a product.

To determine: The total cost per unit of a mechanical alligator

Want to see the full answer?

Chapter 8 Solutions

Total cost pricing: It is an approach to fix a price of a product that includes all the costs such as all variable costs and fixed costs associated for manufacturing a product. To determine : The total cost per unit of a mechanical alligator

Solution Summary: The author explains total cost pricing as an approach to fix the price of a product that includes all the costs such as all variable costs and fixed costs associated with manufacturing.

Total cost pricing: It is an approach to fix a price of a product that includes all the costs such as all variable costs and fixed costs associated for manufacturing a product. To determine: The total cost per unit of a mechanical alligator

Want to see the full answer?

Chapter 8 Solutions

Total cost pricing: It is an approach to fix a price of a product that includes all the costs such as all variable costs and fixed costs associated for manufacturing a product.

To determine: The total cost per unit of a mechanical alligator