Business, 16.06.2020 04:57 marcedezebrown4736

Polar Industries makes refrigerators. Polar’s management wants to market refrigerators to students in dorm rooms and small apartments by making a compact refrigerator. The competition, led by Walmart, prices small refrigerators at $46 each. The production manager at Polar Industries estimates that the small refrigerator could be produced for the following manufacturing costs. Direct materials $ 24 Direct labor 10 Manufacturing overhead 8 Total $ 42 Polar’s management wants to make an operating margin of 10 percent (operating margin equals revenues minus manufacturing costs). b. Suppose Polar uses target costing. What is the highest acceptable manufacturing cost for which Polar would be willing to produce the small refrigerator?

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 00:30

Refers to the way we conduct ourselves

Answers: 2

Answer

Business, 22.06.2019 16:50

In terms of the "great wheel of science", statistics are central to the research process (a) only between the hypothesis phase and the observation phase (b) only between the observation phase and the empirical generalization phase (c) only between the theory phase and the hypothesis phase (d) only between the empirical generalization phase and the theory phase

Answers: 1

Answer

Business, 22.06.2019 20:20

Direct materials (4.2 x $15) $ 63direct labor ($12 x 17.5) $210manufacturing overhead ($2.40 x 17.5) $42total job cost $ 315dougan, inc. allocates overhead based on a predetermined overhead rate of $2.40 per direct labor hour. employees are paid $12.00 per hour. job 24 requires 4.2 pounds of direct materials at a cost of $15.00 per pound. employees worked a total of 17.5 hours to complete the job. actual manufacturing overhead costs totaled $80,000 for the year for the company. how much is the cost of job 24?

Answers: 1

Answer

Business, 22.06.2019 20:30

Casey communications recently issued new common stock and used the proceeds to pay off some of its short-term notes payable. this action had no effect on the company's total assets or operating income. which of the following effects would occur as a result of this action? a. the company's current ratio increased.b. the company's times interest earned ratio decreased.c. the company's basic earning power ratio increased.d. the company's equity multiplier increased.e. the company's debt ratio increased.

Answers: 3

Answer

You know the right answer?

Polar Industries makes refrigerators. Polar’s management wants to market refrigerators to students i...

Questions