Answer: $21,490,000
Explanation:
Contribution Margin is simply the Sales less the value of variable costs.
If the inventory had been sold in its entirety, it would have added its value to the sales which means that sales would have increased by the value of the inventory which is $21,490,000.
Answer:
Instructions are listed below
Explanation:
Giving the following information:
Marvel Company uses a predetermined overhead rate in applying overhead to production orders on a labor-cost basis in Department A and on a machine-hours basis in Department B.
Dept. A
Factory overhead $ 71,250
Direct labor-hours 8,100
Dept. B
Factory overhead $46,055
Machine-hours 15,100
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base=
Dept A:
Estimated manufacturing overhead rate= 71250/8100= $8.80 per direct labor hour
Dept B:
Estimated manufacturing overhead rate= 46055/15100= $3.05 per direct machine hour
Answer:
a custom-designed product.
Explanation:
In this case, an airplane is a highly customized product. Each airplane is specifically built and arranged to meet the special and unique needs of its clients. For example, each airplane is painted with the colors and the logo of the airline company. The seats are also arranged depending on the specific requirements of the clients.
For a contract to be legally binding and enforceable, consideration must be exchanged. A legally enforceable contract can either be written or oral. However, depending on the nature of the transaction, some contracts might need to be written down to be enforceable. Hope this helps
Answer:
The relationship between marketing and finance is arguably one of the most important within any business. Traditionally perceived as an adversarial tug of war between marketing on one side spending the money and finance on the other trying to save it, this relationship has evolved into a modern marriage of equals.
Explanation:
I can't think of the product anymore, I've already answered the first one
