This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Metro Boat Company produces custom-built houseboats. Metro's house boats generally sell for prices ... (Read 166 times)

Dannyrod2

  • Full Member
  • ***
  • Posts: 160
on: Feb 5, 2023
Metro Boat Company produces custom-built houseboats. Metro's house boats generally sell for prices between $85,000 and $125,000. Bob Smith, the football coach at State University, has presented Metro with the amenities he wishes to have on his boat. Metro has calculated that to build this boat to Bob's specifications, materials, labor and overhead would total $95,652. Bob does not want to pay more than $100,000. Metro normally prices their house boats based on the total cost of construction plus 15%.

Required (round to the nearest dollar):

a.What price would Metro normally quote for the houseboat Bob is requesting?
b.What is the target cost Metro would need to meet to sell the houseboat for
$100,000 at a 15% markup?
c.What could Metro do to meet the target cost in part b?
Managerial Accounting ¦ Davis ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Dannyrod2 on Feb 5, 2023

jojo120419

  • Full Member
  • ***
  • Posts: 158
Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly


Dannyrod2

  • Member
  • Posts: 160
Reply 2 on: Feb 5, 2023
Great answer, keep it coming :)

raili21

  • Member
  • Posts: 324
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it. In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
Generally, the total tax burden in the United States is much lower than that of other industrialize Generally, the total tax burden in the United States is much lower than that of other industrialize
Morris and Company, Sussex Rush-Seated Chairs. Morris and Company, Sussex Rush-Seated Chairs.
Hexoses exist in boat and chair conformations Hexoses exist in boat and chair conformations
Speciation produces new types of organisms Speciation produces new types of organisms
The letter house The letter house
Video: Heart Chambers

For a complete list of videos, visit our video library