A. Bid/no bid decision
A "bid" is what contractors call their proposals, and in some cases it will not be worth it to even submit a proposal on a job. The stage where contractors decide if it is worth it is called bid/no-bid.
Answer:
Contribution margin= $169
Explanation:
<u>First, we need to calculate the total unitary variable cost:</u>
total unitary variable cost= direct material + direct labor + variable overhead + variable selling expense
total unitary variable cost= 38 + 1 + 8 + 4
total unitary variable cost= $51
<u>Now, the contribution margin:</u>
Contribution margin= 220 - 51
Contribution margin= $169
Answer:
You just press answer and click on the question. You have to be fast though because there is a 2 person maximum to answer a question.
EPS = $1.44 (after rounding off)
<u>Explanation:</u>
<u>The calculation of Earnings per share is as follows:
</u>
Particulars Amount
Earnings before interest and tax = 71325
Less: amount of interest = 0
Earnings before tax = $71325
Less : the amount of tax ( 34 percent) = 2425.05
Net income = $47074.5
The number of shares given = 32,800
The formula of calculating the earning per share is = Net income divided by the number of the shares of a company
Thus, EPS = $47074.5 divided by 32,800 = $1.44 (rounded oof)
