ABC Limited manufactures high quality copper pots and pans. Company's management accountant is involved in setting price for
the company's new Starter Set. This set consist of seven of the most
commonly used pots and pan. During the next year, the company
plans to manufacturer 10,000 Starter Sets. The management
accountant gathered the following information regarding the cost of
developing 10,000 Starter Set. Variable Costs: Manufacturing
$75,000 Sales Commission $15,000 Total Variable Cost $90,000 Fixed
Cost Allocated Manufacturing $25,000 Total Fixed Cost $25,000 Total
Cost $115,000
Management decided that the required markup is 40%.
I
1. What is the management accountant's role in setting price of a
new product?

Which of the following statements is correct? a) due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u.s. businesses (in terms of number of businesses) are organized as corporationsb) most businesses (by number and total dollar sales) are organized as proprietorships or corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, primarily because corporations have important tax advantages over proprietorships and partnerships.c) due to legal considerations related to ownership transfers and limited liability, which affect the ability to attract capital, most business (measured by dollar sales) is conducted by corporations in spite of large corporations' less favorable tax treatmentd) large corporations are taxed more favorably than proprietorshipse) corporate stockholders are exposed to unlimited liability

%of the world's population controls approximately % of the world's finances (the sum of gross domestic products)" quizlket

Jose recently died with a probate estate of $900,000. he was predeceased by his wife, guadalupe, and his daughter, lucy. he has two surviving children, pete and fred. jose was also survived by eight grandchildren, pete’s three children, naomi, daniel, nick; fred’s three children, heather, chris and steve; and lucy’s two children, david and rachel. jose’s will states the following “i leave everything to my three children. if any of my children shall predecease me then i leave their share to their heirs, per stirpes.” which of the following statements is correct? (a) under jose’s will rachel will receive $150,000. (b) under jose’s will chris will receive $150,000. (c) under jose’s will nick will receive $100,000. (d) under jose’s will pete will receive $200,000.