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Vilka [71]
3 years ago
14

Clemeson Corporation, which has only one product, has provided the following data concerning its most recent month of operations

: Selling price $ 145 Units in beginning inventory 0 Units produced 3,600 Units sold 3,400 Units in ending inventory 200 Variable costs per unit: Direct materials $ 36 Direct labor $ 57 Variable manufacturing overhead $ 3 Variable selling and administrative expenses $ 5 Fixed costs: Fixed manufacturing overhead $79,200 Fixed selling and administrative expense $64,600 The total contribution margin for the month under variable costing is:
Business
1 answer:
blsea [12.9K]3 years ago
8 0

Answer:

$149,600

Explanation:

Variable cost per unit = 36+57+3+5 =  

Variable cost per unit = $101

Contribution margin per unit = 145 - 101

Contribution margin per unit = $44 per unit

Total contribution margin = 3,400 * $44

Total contribution margin = $149,600

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You work as an assistant coach on the university swim team and earn $13 per hour. One day, you decide to skip the hour-long prac
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Answer:

The answer is: $22

Explanation:

In order to calculate the cost of skipping practice, we have to calculate the total sum of the deficit incurred within the period, and this includes the money that would have been earned during that hour of practice if it had been attended (opportunity cost of time), and the admission fee into the carnival. This calculation is shown below:

Opportunity cost of time = $13

cost of admission into carnival = $9

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3 years ago
At Parks and Helms Designers, a group of architects are developing the first drawings for a proposed multiuse office development
Svetlanka [38]

Answer:

The correct answer is (E)

Explanation:

Parks and helms designers have organised a project team, and it is a group where individuals work together to achieve a common goal. Such individuals usually have various capabilities and are held by the manager to exercises for a similar venture.  A manager can separate the group into sub-groups according to the needs of a project.  Generally, such groups are developed to finish a task in a limited time frame.

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3 years ago
A drop in the market price of a firm's common stock will immediately affect its:
Illusion [34]
It will directly affect its market capital
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3 years ago
Which of the following describes a public
Oksana_A [137]
D is correct. Jorge is the only one who is actually an accountant, and he works for a nonprofit, which is set to benefit the public.
4 0
1 year ago
Block Island TV currently sells large televisions for $ 380. It has costs of $ 310. A competitor is bringing a new large televis
Fofino [41]

Answer:

$281.67

Explanation:

Data provided in the question:

Current selling price of large TV = $380

Cost of Large TV = $310

Selling price of new TV = $340

Increase in sales = 20% = 0.20

Current sales = $150,000

Now,

Expected sales after reducing the price = Current sales + Increase in sales

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= $10,500,000 ÷  180,000

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New operating cost per unit = $58.33

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= $340 - $58.33

= $281.67

3 0
3 years ago
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