Black Forrest is invited to bid on a one-time-only special order to supply 100 rustic tables. What is the lowest price Black Forrest should bid on this special order?
Black Forrest manufactures rustic furniture. The cost accounting system estimates manufacturing costs to be $180 per table, consisting of 80% variable costs and 20% fixed costs. The company has surplus capacity available. It is Back Forrest's policy to add a 50% markup to full costs.
A) $12,600
B) $14,400
C) $18,000
D) $23,000
Answer: B
You might also like to view...
Guadalupe is considering quitting her job. She has a newborn baby, but her work will not offer her paid family leave and the managers refuse to allow her to work a flexible schedule. Which barrier to diversity is BEST exemplified by Guadalupe's situation?
What will be an ideal response?
Which of the following does the Money Laundering Act prohibit?
A) the fraudulent conversion of property by a person to whom that property was entrusted B) obtaining property from another, with his or her consent, induced by wrongful use of actual or threatened force C) the use of mails or wires to defraud another person D) knowingly engaging in a financial transaction that involves the proceeds of an unlawful activity