Primary data can usually be obtained more quickly and at a lower cost than secondary data.

Digby's product manager is considering lowering the price of the Daft product by $2.50 and wants to know what the impact will be

Dvinal [7]

Answer:

D. 34.00%

Explanation:

The computation of the new contribution margin is shown below:

As we know that

Contribution Margin = Net Sales Revenue - Variable Expenses

where,

Net sales revenue is

= 604 units × $32.5

= $19,630

The variable expense = Total material cost + total labor cost

Total Material Cost = 604 units × $14.36 = $8,673.44

Total Labor Cost = 604 units × $7.09 = $4,282.36

So, the variable expense is

= $8,673.44 + $4,282.36

= $12,955.8

Now

Contribution margin = $19,630 - $12,955.8 = $6,674.2

And,

Contribution margin ratio = Contribution margin ÷ net sales

So, Contribution margin = $6,674.2 ÷ $19,630

= 34.00%

4 0

4 years ago

Last month, the Tecumseh Corporation supplied 400 units of three-ring binders at $6 per unit. This month, the company supplied t

Dmitry [639]

Answer:

B

Explanation:

according to the law of supply, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied

in this question, there was only a change in price but no change in the quantity supplied.

so a change in supply and not a change in the quantity supply occured

determine supply per price

400 / 6 = 67

400 / 4 = 100

supply increased

8 0

3 years ago

Williamsburg Market is an all-equity firm that has net income of $96,200, depreciation expense of $6,300, and an increase in net

sladkih [1.3K]

Answer:

The answer is $99700

Explanation:

Net cash from operating activity= Net income + Depreciation - increase in net working capital.

Net cash from operating activity= $96,200 + $6,300 - $2,800= $99700

6 0

3 years ago

) a substance decays 22ach day. after 7 days, there are 9 milligrams of the substance remaining. how many milligrams were there

mamaluj [8]

A substance decays in 22ach days. after 7 days, there are nine milligrams of the substance last. milligrams had been there to start with:

at the give-up of each day, you are left with (100- 22)% = 7-8%, that is 0.7-8Tim.

To decay is described as to rot, lose strength or become worse. An example of degradation is while old fruit begins to rot. An instance of degradation is whilst a community begins to come to be crime-ridden. A falling into spoil.

a few common synonyms of deterioration are decomposed, putrefy, rot, and spoil. even as these types of words suggest "to go through negative dissolution," decay implies a sluggish exchange from a country of soundness or perfection.

The wooden of the white pine is long-lasting for indoor use, in particular, whilst covered by means of paint, however, while uncovered to moist air it swiftly decays, and it is very prone to dry rot; its miles are said to be excellent while grown on sandy soils.

Learn more about decays here: brainly.com/question/25537936

#SPJ4

7 0

2 years ago

A company started a new product, and in the first month started 100,000100,000 units. The ending work in process inventory was 2

sukhopar [10]

Answer:

$240,000

Explanation:

Calculation for What is the value of the inventory transferred out, using the weighted-average inventory method

First step is to calculate the Equivalent material cost=

Equivalent material cost= 20,000×100%×$6

Equivalent material cost= 120,000

Second step is to calculate Equivalent conversion cost

Equivalent conversion cost=20,000×75%×8

Equivalent conversion cost=120,000

Now let calculate the value of the inventory transferred out, using the weighted-average inventory method

Inventory value transferred out= 120,000+120,000

Inventory value transferred out=$240,000

Therefore the value of the inventory transferred out, using the weighted-average inventory method is $240,000

4 0

3 years ago