The date on which the principal amount is repaid to the bondholder is known as the _______

Steamroller Company sells two products—J and B. Steamroller predicts that it will sell 7400 units of J and 6500 units of B in th

sp2606 [1]

Answer:

The weighted-average unit contribution margin is $4.50 per unit.

Explanation:

Weighted Average contribution margin is the average contribution margin of all products company sells.

Sale

Product J = 7,400

Product B = 6,500

Unit contribution margin

Product J = $2.9

Product B = $6.3

Contribution of Product J = 7,400 x $2.9 = $21,460

Contribution of Product B = 6,500 x $6.3 = $40,950

Total Contribution = $21,460 + 40,950 = $62,410

Total Sales Unit = 7,400 + 6,500 = 13,900 units

Weighted average contribution margin = Total Contribution / Total sales unit

Weighted average contribution margin = $62,410 / 13,900 units

Weighted average contribution margin = $4.49 per unit

Weighted average contribution margin = $4.5 per unit

3 0

4 years ago

Brisco Bricks purchases raw material from its foreign supplier, Bolivian Clay, on May 8. Payment of 2,000,000 foreign currency u

Gekata [30.6K]

Answer:

$2,500,000

Explanation:

The computation of the amount which would be credited is shown below:

= Payment of foreign currency units (FC) is due in 30 days × exchange rate i.e spot rate on May 31

= 2,000,000 × $1.25

= $2,500,000

We simply multiply the payment with the spot rate so that the accurate value can come.

All other information which is given is not relevant. Hence, ignored it

5 0

3 years ago

Sometimes the pilgrims had to pay interest as high as 45% on money they borrowed for their colony. Why did lenders charge them s

White raven [17]

First off, the lenders were simply in a position to do so. Secondly, there was an incredible amount of risk involved in loans to pilgrims. Early settlers had numerous obstacles to overcome, such as harsh winters, poor crop yields and the voyage alone to the new world was extremely risky. Dead people cannot pay debts, but those who lived on could. The high risk resulted in high interest rates.

3 0

4 years ago

Which of the following could be a synonym for the world 'externality'?

abruzzese [7]

Answer: option C. side-effect

Externality is an economic term, used to refer the damage or benefit that an individual or community experience, due to the activity of other agents who are pursuing other objective.

For example, when a enterprise burns fuel to produce energy, the increase of CO2 is an externality.

5 0

3 years ago

On November 2, 2020, Bramble Company has cash sales of $6120 from merchandise having a cost of $3540. The entries to record the

Crank

Cash will be debited and sales will be credited by $6,120 and cost of good sold with be debited and inventory will be credited by $3,540.

A journal entry is the act of maintaining or producing records of any economic or the non-economic transaction. An accounting journal, which shows a company's debit and credit balances, records transactions. The journal entry may have many records, each of which is either a debit or a credit.

The journal entry to record days cash sales would be as given below:

Cash (Dr) $6,120

To sales $6120

(Being cash sales of $6,120)

Cost of good sold (Dr) $3,540

To inventory $3,540.

(Being cost of cost of good sold)

To know more about journal entries click here:

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7 0

2 years ago

The date on which the principal amount is repaid to the bondholder is known as the​ ________.

The date on which the principal amount is repaid to the bondholder is known as the ________.