1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vilka [71]
4 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]4 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

You might be interested in
A nonprofit organization aids the unemployed by supplementing their incomes by $5,000 annually, while they seek new employment s
BARSIC [14]

Answer:

100

Explanation:

Calculation to determine How many individuals can receive financial assistance this year

Using this formula

Numbers of individuals=Total budgeted appropriation-Fixed costs/Incomes

Let plug in the formula

Numbers of individuals=700,000-200,000/5000

Numbers of individuals=500,000/5000

Numbers of individuals=100

Therefore How many individuals can receive financial assistance this year will be 100

5 0
4 years ago
Finding operating and free cash flows Consider the following balance sheets and selected data from the income statement of Keith
Reil [10]

Answer:

a. NOPAT = EBIT * (1-t)

NOPAT = $2,700 * (1-0.40)

NOPAT = $1,620

b. OCF = NOPAT + Depreciation

OCF = $1,620 + $1,600

OCF = $3,220

c. FCF = Net fixed asset investment - Net current asset investment

FCF = $3,320 - $1,400 -  $1,400

FCF = $420

Note:

Net fixed asset investment = Change in net fixed assets + depreciation

= ($14,800- $ 15,000) + $1,600

= $1,400

Net current asset investment = Change in current assets - Change in accounts payable and accurals

= ($8,200 - $6,800) - {($1,600 + $200) - ($1,500 - $300)}

= $1,400

d. FCF is meaningful as it shows that OCF is able to cover Operating expenses as well as Investment in Fixed and Current Assets

4 0
3 years ago
Hinge manufacturing's cost of goods sold is $420,000 variable and $240,000 fixed. the company's selling and administrative expen
Irina18 [472]
Hi there
contribution margin is defined as revenues minus variable expenses. In other words, the contribution margin reveals how much of a company's revenues will be contributing (after covering the variable expenses) to the company's fixed expenses and net income.
The contribution margin of a manufacturer is the amount of net sales that is in excess of the variable manufacturing costs and the variable SG&A expenses.

So contribution margin equals
Sales-variable manufacturing cost-SG&A expenses
1,480,000−420,000−300,000
=760,000....answer

Hope it helps
6 0
4 years ago
Chance, Inc. sold 5,000 units of its product at a price of $172 per unit. Total variable cost per unit is $131, consisting of $9
madam [21]

Answer:

$400,000

Explanation:

Computation for the manufacturing margin for the company under variable costing

Using this formula

Manufacturing margin= Sales - Total variable production cost

Let plug in the formula

Manufacturing margin=( 5,000*$172)- (5,000*$92)

Manufacturing margin=$860,000-$460,000

Manufacturing margin= $400,000

Therefore the manufacturing margin for the company under variable costing is $400,000

7 0
3 years ago
What strategic goal can an IS attain that does not involve wresting market share from competitors? Provide some business example
pishuonlain [190]

Provide some business examples. The strategic goal which an IS can attain without involving wresting market share from competitors by following certain measures like: By lowering the price of units to sell while maintaining the quality of the products. By offering new products and services.

6 0
3 years ago
Other questions:
  • The AICPA ethics codification includes which sections?
    13·2 answers
  • Stagflation is a combination of _________ unemployment and _________ inflation. select one:
    8·1 answer
  • I always make a detailed plan before I begin any job
    5·2 answers
  • Fred quits his job with a big accounting firm, where he was earning $95,000 per year, to start his own accounting business in a
    12·1 answer
  • A supervisor assigned to Wendy, the most proficient employee in the accounting department, a project on cost control that was du
    8·1 answer
  • True or False<br> A prepaid card has the same overdraft protection as a debit card.
    11·1 answer
  • Barney decides to quit his job as a corporate accountant (which pays $10,000 a month) and go into business for himself as a cert
    6·1 answer
  • A client with a high risk tolerance anticipates that the market will remain flat for the next 3 months. Which position would pro
    8·1 answer
  • company leaders expect advertising agencies to produce tangible outcomes with an increasing emphasis on ______.
    5·1 answer
  • What factors are considered when insurance companies decide what rates to charge you for homeowners insurance?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!