Business, 22.04.2020 02:09 RiddleMeThis
As a service to its customers, Current Designs repairs damaged kayaks. This is especially valuable to customers that have made a significant investment in the composite kayaks. To price the repair jobs, Current Designs uses time-and-material pricing with a desired profit margin of $30 per labor hour and a 35% materials loading charge. Recently, Bill Johnson, Vice President of Sales and Marketing, received a phone call from a dealer in Brainerd, Minnesota. The dealer has a customer who recently damaged his composite kayak and would like an estimate of the cost to repair it. After the dealer emailed pictures of the damage, Bill reviewed the pictures with the repair technician and determined that the total materials charges for the repair would be $120. Bill estimates that the job will take 5 labor hours to complete. Following is the budgeted cost data for Current Designs: Repair technician wages $32,200 Fringe benefits $11,500 Overhead $11,500 Current Designs has allocated 2,300 hours of repair time for the upcoming year. The customer has agreed to transport the kayak to the Winona production facility for the repairs. Determine the price that Current Designs would charge to complete the repairs for the customer.
Answers: 1
Business, 21.06.2019 20:30
Which of the following is an example of formal management controls? answers: a firm's culturethe willingness of employees to monitor each otherbudgeting and reporting activitiesmanagerial motivation
Answers: 3
Business, 22.06.2019 00:30
Find the interest rate for a $4000 deposit accumulating to $5234.58, compounded quarterly for 9 years
Answers: 1
Business, 22.06.2019 01:50
Which value describes the desire to be one’s own boss? a. autonomy b. status c. security d. entrepreneurship
Answers: 2
Business, 22.06.2019 16:20
Suppose you hold a portfolio consisting of a $10,000 investment in each of 8 different common stocks. the portfolio's beta is 1.25. now suppose you decided to sell one of your stocks that has a beta of 1.00 and to use the proceeds to buy a replacement stock with a beta of 1.55. what would the portfolio's new beta be? do not round your intermediate calculations.
Answers: 2
As a service to its customers, Current Designs repairs damaged kayaks. This is especially valuable t...
Chemistry, 18.02.2022 03:30
Social Studies, 18.02.2022 03:30
SAT, 18.02.2022 03:30
Chemistry, 18.02.2022 03:30
Mathematics, 18.02.2022 03:30
Biology, 18.02.2022 03:30
Mathematics, 18.02.2022 03:30
English, 18.02.2022 03:30
Physics, 18.02.2022 03:30
Mathematics, 18.02.2022 03:30
Mathematics, 18.02.2022 03:30
Social Studies, 18.02.2022 03:30
Arts, 18.02.2022 03:30