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Zolol [24]
3 years ago
9

Delos, Inc. reports the following information for​ April: Sigma Gamma Units sold 2 comma 000 units 800 units Sales price per uni

t $ 350 $ 800 Variable manufacturing cost per unit 175 460 Sales commission per​ unit: ​Sigma: 4​% of sales price 14 ​Gamma: 6​% of sales price 48 What is the contribution margin of​ Sigma? A. $ 262 comma 000 B. $ 350 comma 000 C. $ 672 comma 000 D. $ 322 comma 000
Business
1 answer:
andrew11 [14]3 years ago
5 0

Answer:

D. $ 322,000

Explanation:

                                                Delos, Inc.

                   Contribution margin format income statement

For sigma

Sales revenue (2,000 units × $350) = $700,000

Less: variable manufacturing cost = (2,000 units × $175) = ($350,000)

Less: sales commission = (700,000 × 4%) = ($28,000)

Contribution margin for sigma = $700,000 - $350,000 - $28,000

Contribution margin = $322,000

Therefore, option D is correct.

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Suppose that borrowing is restricted so that the zero-beta version of the CAPM holds. The expected return on the market portfoli
statuscvo [17]

Answer:

The expected return on a portfolio is 14.30%

Explanation:

CAPM : It is used to described the risk of various types of securities which is invested to get a better return. Mainly it is deals in financial assets.

For computing the expected rate of return of a portfolio , the following formula is used which is shown below:

Under the Capital Asset Pricing Model, The expected rate of return is equals to

= Risk free rate + Beta × (Market portfolio risk of return - risk free rate)

= 8% + 0.7 × (17% - 8%)

= 8% + 0.7 × 9%

= 8% + 6.3%

= 14.30%

The risk free rate is also known as zero beta portfolio so we use the value in risk free rate also.

Hence, the expected return on a portfolio is 14.30%

6 0
3 years ago
Delayed product delivery is less of an issue when compared to delivering a faulty product, which can potentially cause harm. Thi
iogann1982 [59]

Answer:

A) high magnitude of consequences.

Explanation:

Delayed product delivery is less of an issue when compared to delivering a faulty product, which can potentially cause harm. This is because delivering a faulty product has a high magnitude of consequences.

The customer is the king in the market, the company can not afford to lose reputation by a delivery faulty product. Especially in the era of social media, these mistakes can cause loss of market share and can potentially damage the credibility of the company´s product, which could take lot of time to rebuild. It may also affect other product of the company to lose reputation.

3 0
3 years ago
Assume the following information from a schedule of cost of goods manufactured:
Evgesh-ka [11]

Answer:

The manufacturing overhead applied to work in process is:

D. $79,000

Explanation:

a) Data and Calculations:

Beginning work in process inventory          30,000

Direct materials used in production            50,000

Direct labor                                                   60,000

Total manufacturing costs to account for 219,000

Manufacturing overhead applied to WIP   79,000 (219,000 - 140,000)

Ending work in process inventory              72,000

b) The manufacturing overhead applied to Work in Process is the difference between the total manufacturing costs to account for and the costs of beginning work in process, direct materials, and direct labor for the period.  When the ending work in process is deducted from the total manufacturing costs, the resulting figure represents the cost of goods transferred to finished goods inventory.

3 0
3 years ago
The __________ component deals with the management and control of the ways entities are granted access to resources.
Mars2501 [29]

Answer:

Access management

Explanation:

The "access management" component deals with the management and control of the ways entities are granted access to resources.

Access management regulates the ways and methods entities are granted access to resources. It determines which user is able to access the resources.

6 0
3 years ago
Blair Automotive performed mechanic services for two customers. The first customer owed $5,280 for services, so Blair Automotive
drek231 [11]

Answer:

The first transaction will be recorded as a note receivable, whereas the second transaction will be recorded as an account receivable.

Explanation:

3 0
3 years ago
Read 2 more answers
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