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Readme [11.4K]
3 years ago
5

If the selling price is $22 per unit, what is the contribution margin per unit sold? (round your answer to 2 decimal places.)

Business
1 answer:
Rasek [7]3 years ago
7 0
The computation follows:

1. Solve first for the variable cost per unit.
Direct materials $ 6.00 

<span>Direct labor $ 3.50 
</span>
<span>Variable manufacturing overhead $ 1.50 
</span>
<span>Sales commissions $ 1.00 
</span>
<span>Variable administrative expense $ 0.50 
</span>
<span>= $12.50 variable cost per unit 

2. Then deduct the selling price to the variable cost per unit, to get the contribution margin.

</span><span>22 - 12.50 = $9.50 CM per unit</span>
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At the present time, Andalusian Limited (AL) has 5-year noncallable bonds with a face value of $1,000 that are outstanding. Thes
maw [93]

Answer:

2.69%

Explanation:

According to the scenario, computation of the given data are as follows,

Face value (FV) = $1,000

Time period = 5 years

Present Value (PV) = $1,438.04

Coupon rate = 14%

Payment (pmt) = 14% × $1,000 = $140

So, by using excel function find YTM, we get

YTM = 4.13%

So, After Tax cost = Rate ( 1 - tax rate)

= 4.13% ( 1 - 35%)

= 4.13% × 65%

= 2.685% or 2.69%

Excel function is attached below.

3 0
3 years ago
Suppose consumers spent $42 million on Christmas trees last year, when the average tree cost was $30. This year they spend $42 m
faltersainse [42]

Answer:

The question is incomplete

Choose one correct answer from the following;

a.​the demand for trees is inelastic.

b. total revenue to tree producers rose this year.

c. consumers bought the same number of Christmas trees this year as last year.

d.​the price of the Christmas trees stayed the same.

e.​the demand for trees is unit elastic.

The answer is e.​the demand for trees is unit elastic.

Explanation:

Price elasticity of demand =( (25-30)/30 *100)/ 1680-1400/1400 *100)=1.2

4 0
3 years ago
Which of the following is a likely reason for a retailer to close its stores when challenged by a new retailer such as Aldi
LenaWriter [7]

(C) Failure to conduct a competitor analysis is a likely reason for a retailer to close its stores when challenged by a new retailer such as Aldi.

<h3>Who is a retailer?</h3>
  • Retail is the sale of goods and services to people, as opposed to wholesale, which is the sale to businesses or institutions.
  • A retailer buys in bulk from manufacturers, either directly or through a wholesaler, and then sells in smaller amounts to consumers for a profit.
  • Top Retailing Issues & Challenges Today
  1. Consumers Prefer Multichannel Purchasing Experiences.
  2. Customers Expect a Convenient Experience.
  3. Retailers Need a Standout Experience to Attract Customer Loyalty.
  4. Failure to conduct a competitor analysis.
  5. There are numerous technologies available to drive marketing and sales, but they do not appear to work in tandem.

Therefore, (C) Failure to conduct a competitor analysis is a likely reason for a retailer to close its stores when challenged by a new retailer such as Aldi.

Know more about retailers here:

brainly.com/question/25376778

#SPJ4

Complete question:

Which of the following is a likely reason for a retailer to close its stores when challenged by a new retailer such as Aldi?

a. Poor business practices

b. Failure to support its customers

c. Failure to conduct a competitor analysis

d. Poor product selection

8 0
2 years ago
Josh Collins plans to buy a house for $283,000. If that real estate is expected to increase in value by 4 percent each year, wha
Brums [2.3K]

Answer:

$358,085.28

Explanation:

Future value = present value x ( 1 + interest rate)

$283,000 ( 1.04)^6 = $358,085.28

6 0
3 years ago
In the market research process, designing the sample is the step that occurs immediately before the step of __________.
AVprozaik [17]

Answer:

Data collection

Explanation:

The steps in the marketing research process are:

  1. Defining the research problem
  2. Research objectives
  3. Research design and choosing the method to collect primary data
  4. Designing the sample: who are you research subjects, the required sample size, and how you plan to reach them.
  5. Data collection: refers to basically gathering the necessary information through surveys, questionnaires, focus groups and secondary information sources.
  6. Analyzing and interpreting the data
  7. Formulating the research process's conclusion and presenting it
8 0
3 years ago
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