Answer:
Contribution margin= $169
Explanation:
<u>First, we need to calculate the total unitary variable cost:</u>
total unitary variable cost= direct material + direct labor + variable overhead + variable selling expense
total unitary variable cost= 38 + 1 + 8 + 4
total unitary variable cost= $51
<u>Now, the contribution margin:</u>
Contribution margin= 220 - 51
Contribution margin= $169
Answer:
ROI=17.33%
Explanation:
the rate of return = Net gain/ initial investments x 100 %
Net gains = (selling price - commissions) - purchase price
Purchase price = 20 x $30 = $600
Selling price = 710
Commission = $6
ROI ={( 710 - 6) - 600}/ 600 x 100
ROI = 104/600 x 100
ROI= 0.173333 x 100
ROI=17.33%
Answer:
a. Consumption will increase as goods and services are now cheaper for people to buy.
b. Investment increases as people will have more money to invest due to having spent less on consumption.
c. Net exports increases as exports become cheaper due to lower prices in the country. More people outside will therefore demand exports leading to them increasing more than imports.
d. Money Demand - B. There is a movement along the Money Demand curve to the Left
As price has decreased, the amount of money needed to buy goods will decrease which would lead to less demand for money. Money demand curve will show this as a movement to the left of the Money demand curve.
e. The interest rate will decrease because there will be more money to invest as explained above. With more money to invest, loanable funds will b in high supply thereby dropping interest rates.
f. Aggregate expenditure shifts right to show that expenditure has increased from people buying cheaper goods.
g. Aggregate demand - B. AD shifts to the Right.
More people will demand goods and services because they are cheaper.
Answer:
13.3%
Explanation:
The time in which the employee are free or not working due to halt in operation or a process. The employee are ready for work in this time and waiting for operation to start.
According to the given data
Total observations = 45 observations
Number of observation that found loader idle = 6 observations
Percentage of idle time is the ratio of number of times labor found idle to total numbers of observations.
Estimated percentage of idle time = (6 / 45) x 100
Estimated percentage of idle time = 13.3%
Answer: Please see below for answers.
Explanation:
Variable costs are referred to as costs incurred to a company which change as the volume of production by the company or business changes that is when the volume of production increases, the costs increases , and decreases with decreased production.
Fixed costs are expenses incurred to a company which do not change in relation to the volume of production by the company or business that is when the volume of production increases or decreases, the costs remains the same.
a. Supervisor of the Drilling Department----- Fixed cost
b.Oil used to lubricate drill press machines---- Variable cost
c.Propane for forklift trucks used to move the material from the Drilling Department to the Assembly Department---- Variable cost
e.Natural gas used to heat the plant----- Variable cost
f.Security guard---- fixed cost s
g.Insurance on factory building----- Fixed costs
h.Electricity to power drill press machines---- Variable costs
.i Rent of factory building-Fixed costs
