Diedrich Corporation Makes a Product with the Following Costs

question 140

Multiple Choice

Diedrich Corporation makes a product with the following costs: The company uses the absorption costing approach to cost-plus pricing described in the text. The pricing calculations are based on budgeted production and sales of 68,000 units per year.The company has invested $380,000 in this product and expects a return on investment of 18%.Direct labor is a variable cost in this company.The markup on absorption cost is closest to: (Round your intermediate calculations to 2 decimal places and final answer to 1 decimal place.)

• A) 30.7%
• B) 18.0%
• C) 77.4%
• D) 28.4%

Evaluate factors to consider when making an offer on a home.

Discuss the implications and considerations of alternative housing options, including tiny houses, and understand housing selection factors.

Understand the concept and types of consumer organizations including cooperatives.

Identify economic factors influencing buying decisions.

---

Definitions:

Unpaid

The state of not having been paid for goods provided, services rendered, or work done.

Trade Practices Act

Legislation designed to regulate business conduct to ensure fair competition and protect consumers in certain jurisdictions.

Protection

Measures taken to guard against theft, harm, or damage.

Federal Competition Act

Legislation aimed at promoting and maintaining fair competition practices in the marketplace by regulating anti-competitive practices in a federal jurisdiction.