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Effectus [21]
3 years ago
14

Suppose that Larimer Company sells a product for $24. Unit costs are as follows:

Business
1 answer:
MrMuchimi3 years ago
6 0

Answer:

Unitary variable cost= $8.08

Contribution margin= $15.92

Explanation:

Giving the following information:

Direct materials $4.98

Direct labor 2.10

Variable factory overhead 1.00

The variable cost per unit is the sum of direct material, direct labor, and variable overhead.

Unitary variable cost= 4.98 + 2.1 + 1= $8.08

The contribution margin per unit is the difference between the selling price and the unitary variable cost:

Contribution margin= 24 - 8.08= $15.92

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A company has an unfavorable direct materials quantity variance. A possible reason for this variance is that:
ycow [4]

Answer:

e. any of the other answers can occur.

Explanation:

The reason for the decision above is variances are not dependent on the direct material quantity variance and the calculation of all is differ. We also know the total direct material variance is total of material quantity & price variance that is because total variance may be favorable or unfavorable. And the option(d) direct labor efficiency variance do not relate with material variance.

7 0
3 years ago
If csc θ = 2, Find sin θ
RoseWind [281]
If csc 0=2, then that makes 0 then equal 4.
5 0
3 years ago
Varieties of oligopoly An oligopolistic market structure is distinguished by several characteristics, one of which is either hom
Tresset [83]

Answer:

Market control by a few large firms

Difficult entry

Mutual interdependence

Explanation:

In the case of oligopoly as we know that there are very little large firms and each kind of firm generates the important portion of the total output. So each market have the market control

Also the main reason behind the barrier with regard to new firm entered is the barrier for the few firms. The reasons like patents, large capital needed are some reasons that makes it difficult for entering

In addition to this, they are mutual interdependent. This implies that the one firm action would impact the other firm action and according to this, the price and the level of output would be determined

Hence, the above represent the answer

6 0
3 years ago
________ can be classified according to whether they are delivered by people or equipment, or by business firms or nonprofit org
Amiraneli [1.4K]

Services can be classified according to whether they are delivered by people or equipment, or by business firms or nonprofit organizations.

<h3>What are services?</h3>

Services serves as the task or activities that is been delivered to the client in exchange if rewards.

Services can be different based on the organization performing it such banking sector , and classified according to whether they are delivered by people or equipment, or by business firms.

Learn more about services at:

brainly.com/question/25605883

3 0
2 years ago
A company borrowed $40,300 cash from the bank and signed a 3-year note at 10% annual interest. The present value of an annuity f
Paraphin [41]

Answer:

$16,204.91

Explanation:

The computation of the annual payments would be equal to

= Borrowed amount from the bank ÷ present value of an annuity factor for 3 years at 10%

= $40,300 ÷ 2.4869

= $16,204.91

We simply divide the borrowed amount from the bank by the present value of an annuity factor for 3 years at 10 so that the accurate amount can come.

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

5 0
3 years ago
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