Answer:
Which product would result in the highest contribution margin - Product Beta
Explanation:
Here is a situation where production is limited by a particular resource - Labor Hours.
To determine which product to manufacture, Sam has to rank the Contribution per unit of the limiting factor - labor of Product Alpha and Product Beta
Contribution per limiting factor are already calculated as:
Product Alpha - $750 per unit of limited resource
Product Beta - $975 per unit of limited resource
The Product with Highest Contribution per limiting factor results in highest contribution margin and must be worked on first
A. only volume (cm³) is the independent variable
B. both volume (cm³) and mass (grams) are independent variable
C. not enough information
D. the slope of the trend line
E. only mass (grams) is the independent variable
Answer:
$0.5 per box
Explanation:
From CVP analysis,
The break-even point = Fixed cost/contribution margin per unit
For Fiona
Break-even point =$120 boxes, fixed costs = $300
Contribution margin per init = selling price - variable costs
selling price =$5: variable costs, cookies cost $2 per box, and chocolate chips
therefore
120 = $300/ Contribution margin per unit
$120 = $300/ CM
CM = $300/$120
CM = $2.5
Contribution margin = selling price - variable costs
$2.5 = $5- cookies - chocolate chips
$2.5 =$5 - $2- chocolate chips
$2.5 -$3-chocolate
chocolate chips = $3-$2.5
=$0.5 per box
Answer:
Cost of goods available for sale $186,000
Explanation:
The computation of the cost of goods available for sale is shown below:
Direct material $14,000
Direct labour $58,000
Manufacturing overhead applied $79000
Total manufacturing cost $151,000
Add: Beginning work in process $47,000
Less: Ending work in process -$53,000
Cost of goods manufactured $145,000
Add: Beginning finished goods inventory $41,000
Cost of goods available for sale $186,000
Answer:
Dividend yield = 8.88 %
Explanation:
Data provided in the problem:
Dividends per quarter = $ 1
thus,
dividend per year = $ 1 × 4 = $ 4 ( because 1 year consists of 4 quarter)
stock price = $ 45
therefore,
dividend yield = ( Dividend per year / stock price ) × 100 %
on substituting the values, we have
Dividend yield = ( $ 4 / $ 45) × 100 %
or
Dividend yield = 8.88 %
