Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
jerico jerico
wrote...
Go to Answer
Posts: 4603
Rep: 8 0
9 years ago
Golden Generator Supply is approached by Mr. Stephen, a new customer, to fulfill a large one-time-only special order for a product similar to one offered to regular customers. Golden Generator Supply has excess capacity. The following per unit data apply for sales to regular customers:

   Direct materials   $1,700.00
   Direct manufacturing labor   100.00
   Variable manufacturing support   200.00
   Fixed manufacturing support   150.00
   Total manufacturing costs   2,150.00
   Markup (30% of total manufacturing costs)   645.00
   Estimated selling price   $2,795.00

If Mr. Stephen wanted a long-term commitment, and not a one-time-only special order, for supplying this product, calculate the most likely price to be quoted assuming the markup remains same?
A) $2,000
B) $2,150
C) $2,795
D) $2,800
Textbook 
Cost Accounting

Cost Accounting


Edition: 14th
Authors:
Read 1241 times
4 Replies
Replies
Answer verified by a subject expert
cyborgcyborg
wrote...
#1
Top Poster
Posts: 4566
Rep: 218 1
9 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

jerico Author
wrote...
#2
9 years ago
I can confidently say that it looks and sounds right lol Thank you Slight Smile Give this man a thumbs up.
wrote...
#3
9 years ago
Grinning Face
wrote...
#4
3 years ago
tHANKS
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1394 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 614
  
 539
  
 653
Your Opinion
Previous poll results: Which country would you like to visit for its food?