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
Makovka662 [10]
3 years ago
6

Margie Company produces a single product and has provided the following data concerning its most recent month of operations: Sel

ling price $ 88 Units in beginning inventory 0 Units produced 5,200 Units sold 4,900 Units in ending inventory 300 Variable costs per unit: Direct materials $ 12 Direct labor $ 23 Variable manufacturing overhead $ 2 Variable selling and administrative expense $ 5 Fixed costs: Fixed manufacturing overhead $ 161,200 Fixed selling and administrative expense $ 63,700 The total contribution margin for the month under variable costing is:
Business
1 answer:
DiKsa [7]3 years ago
6 0

Answer:

$225,400

Explanation:

The computation of total contribution margin under variable costing is shown below:-

Sales (4900 × $88)                             $431,200

Less:Variable cost  

Direct material (4900 ×  $12)              ($58,800)  

Direct labor (4900 × 23)                    ($112,700)  

Variable manufacturing overhead

(4900 ×  2)                                            ($9,800)  

Variable selling and administrative

expenses (4900 × $5)                         ($24,500)  

Total variable expenses                     ($205,800)

Contribution margin                           $225,400

Therefore the total contribution margin under variable costing is $225,400

You might be interested in
A company's income statement showed the following: net income, $134,000; depreciation expense, $30,000; and gain on sale of plan
worty [1.4K]

Answer:

E. $148,600

Explanation:

Cash flow from operating activities.

Net income. $134,000

Add: Depreciation. $30,000

Less: Gain on sale ($4,000)

Changes in working

Capital

Add: decrease in

Accounts receivable $9,400

Less: increase in

Merchandise inv. ($18,000)

Less: increase in

Prepaid expenses ($6,200)

Add: increase in

Accounts payable $3,400 ($14,600)

Net cash provided used by $148,600

Operating activities

4 0
2 years ago
Locking a cell so that others cannot alter its contents is known as _____.
Readme [11.4K]
I would say the correct answer is cell protection. It is when you prevent others to edit or change the contents of certain cells in a sheet. In doing this, you first unlock all cells. Then, select the cells you want to lock then select the option to lock them. Hope this helped.
8 0
2 years ago
Besides location and length what would you say marks the major difference between the hanseatic and venetian trade routes
alexgriva [62]
The answer to this question is <span>The people who created and are traveling through the routes. The Hanseatic route was really famous to be passed by the people in Germany, while the Venetian trade route was really famous to be passed by the people in Italy (Especially Italian maritime republics  such as Genoa and Venice)</span>
3 0
3 years ago
Low Carb Diet Supplement Inc. has two divisions. Division A has a profit of $134,000 on sales of $2,310,000. Division B is able
Genrish500 [490]

Answer:

a. Division A = 5.80 %, Division B = 8.95 %

b. Division B is superior. Because, it generates a greater profit margin per each sale made.

Explanation:

<u> a. Compute the profit margins</u>

Profit margin = Profit / Sales × 100

Division A = $134,000 / $2,310,000 × 100

                 = 5.80 % (2 decimal places.)

Division B = $33,400 / $373,000 × 100

                 = 8.95 % (2 decimal places.)

<u> b. Based on the profit margins</u>

Division B is superior as it generates a greater profit margin per each sale made.

8 0
2 years ago
Following the fall of the Soviet Union, Russia saw a rise in political freedom and the economy implemented widespread price dere
d1i1m1o1n [39]

Answer:

Neoliberalism.

Explanation:

If the inequality is increased so the individual income would be represent as a neoliberalism cause also it would be applied in that case when the soviet union fall witness the disparities that lies between the rich and the power having gap widening also. It affects the individuals those already wealthy in order to earn and make more profits and give less for the population that is poor to catch up and decline back on track

6 0
2 years ago
Other questions:
  • The city of Angola, Indiana is considering building a snowmobile trail on the land owned by the city. The life of the project is
    10·1 answer
  • Vitafluid, a health drink, is available at all supermarkets. After research, the marketing team of the branddiscovered that 90 p
    8·1 answer
  • Aloan Co. provides the following sales forecast for the next three months: January February March Sales units 3,000 4,200 5,000
    11·1 answer
  • A monopoly:
    7·1 answer
  • The maximum distance people are willing to travel for a service is
    5·1 answer
  • Andrew had a fire in his house that destroyed his big screen TV. He bought it 2 years ago and, according to the insurance compan
    11·2 answers
  • Grand Garden is a luxury hotel with 165 suites. Its regular suite rate is $210 per night per suite. The hotel’s cost per night i
    9·1 answer
  • What is the importance of international law to businesses engaged in international trade?
    12·1 answer
  • Suppose the demand for roses increases from 500 to 600 stems when income rises from $10,000 to $20,000. Income elasticity for ro
    14·1 answer
  • Which aspect of marketing (branding, promotion, or market research) is the most important for companies to consider when
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!