Product cost method of product pricing la femme accessories inc. produces women's handbags. the cost of producing 800 handbags is as follows: direct materials $18,000 direct labor 8,500 factory overhead 5,500 total manufacturing cost $32,000 the selling and administrative expenses are $17,000. the management desires a profit equal to 22% of invested assets of $250,000. a. determine the amount of desired profit from the production and sale of 800 handbags. $ b. determine the product cost per unit for the production of 800 handbags. round your answer to two decimal places. $ c. determine the product cost markup percentage for handbags. % d. determine the selling price of handbags. round your answers to two decimal places, if necessary. cost $ per unit markup $ per unit selling price $ per unit

Sam robinson borrowed $21,000 from a friend and promised to pay the loan in 10 equal annual installments beginning one year from the date of the loan. sam’s friend would like to be reimbursed for the time value of money at a 9% annual rate. what is the annual payment sam must make to pay back his friend?

4. the condition requires that only one of the selected criteria be true for a record to be displayed.

Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities.required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.