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crimeas [40]
2 years ago
7

Wessner Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 6.20 Direct labor $

2.80 Variable manufacturing overhead $ 1.45 Fixed manufacturing overhead $ 12,000 Sales commissions $ 1.00 Variable administrative expense $ 0.55 Fixed selling and administrative expense $ 4,000 If the selling price is $25.00 per unit, the contribution margin per unit sold is closest to: a. $9.00 b. $16.00 c. $11.55 d. $13.00
Business
1 answer:
monitta2 years ago
6 0

Answer:

d. $13.00

Explanation:

contributon margin = selling price - variable cost

sales price: $25 per unit

<u>list of variable cost:</u>

Direct mateirals              6.20

Direct labor                     2.80

variable overhead           1.45

sales commisions            1.00

adminsitrative variable<u>   0.55  </u>

total variable cost         12.00

$25 selling price per unit - $12 variable cost per unit =

$13 contribution margin per unit

This is the amount each units "contributes" to ay the fixed cost and make a gain during the period.

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Cost-push inflation will reduce supply and lower real output and employment which will eventually generate an "economic recession".

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8 0
1 year ago
Atlantis Fisheries issues zero coupon bonds on the market at a price of $455 per bond. If these bonds are callable in 5 years at
igomit [66]

Answer:

The yield to call is 2.24%.

Explanation:

To calculate the yield to call, you can use the following formula:

YTC = (C + (CP - P) / t) / ((CP + P) / 2)

YTC= Yield to call

C= Annual Coupon: 0

CP= Call price of the bond: $509

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t= time remaining until call date: 5

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YTC= 10.8/482

YTC= 0.0224= 2.24%

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3 years ago
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