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dxpayne dxpayne
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7 years ago
Frost Inc. has budgeted sales of $150,000 with the following budgeted costs:
Direct materials   $31,500
Direct labour   20,500
Factory overhead:
   Variable   18,500
   Fixed   28,000
Selling and administrative expenses:
   Variable   12,000
   Fixed   16,000

Compute the target profit percentage for setting prices as a percentage of:
a.   Total costs
b.   Total variable costs
c.   Variable manufacturing costs
d.   Total manufacturing costs
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
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pachopacho
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