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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

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Alexandra has determined that studying an hour for her economics quiz will improve her grade on the quiz from 75 to 100. She als
Darina [25.2K]

Answer:

study when the hourly rate is below or equal to $20

Explanation:

Cosidering the economic principles of opportnity cost Alexandra will only study that extra time if the loss wages are less or equal to $20 dollars

as a higher hourly  rate will make the $20 dollar she consider the change in grade worth it to leave a net loss after considering the implicit cost of the test

5 0
3 years ago
Tentacle Television Antenna Company provided the following manufacturing costs for the month of June. Direct labor cost Direct m
Temka [501]

Answer:

C. $65,800

Explanation:

Fixed csot: those which do not change for a relevant range with the production output. They aer constant.

Factory insurance                  21,000        

Factory insurance                  13,000

Factory manager's salary     10,800

Janitor's salary                        5,000

Property taxes:                 <u>      16,000  </u>

    Total Fixed Cost:             65,800

The direct materials and direct labor are variable cost as they drop to zero if no unit is produced.

Same goes with packaging cost, if no unit is produced then, no packagin is needed.

6 0
3 years ago
Dukelow Corporation has two divisions: the Governmental Products Division and the Export Products Division. The Governmental Pro
Allushta [10]

Answer:

$27,800

Explanation:

Given that

Government Divisional segment margin = $40,300

Export Products Division = $92,700

Common fixed expenses = $105,200

The computation of net operating income is shown below:-

Total segment margin = Government divisional segment margin + Export Products Division

= $40,300 + $92,700

= $133,000

Net operating income = Total segment margin - Common fixed expenses

= $133,000 - $105,200

= $27,800

7 0
2 years ago
9. Do you believe it is possible for a global company to simultaneously achieve the goals of global efficiency and integration,
Volgvan
<h2>The given statement is true.</h2>

Explanation:

Let us understand the term, "Global Company".

Any company which is known for its business world-wide is termed as "Global company".

The given statement in the question is true. Yes a global company can achieve everything listed.

Since the company is efficient, they can start business all over the world.

Definitely the can span across the world, only by first satisfying the need of the nation.

Surely they will be known for innovation, because the 21st century needs innovation and a company can be popular only if it shows innovating ability.

All the given achievement is possible to get fulfilled.

4 0
3 years ago
The person responsible for having the shipping papers on a ship carrying hazardous cargo is the
stira [4]
This would be the captain. If you need any further explaining, defining, or methods of answering, let me know and I'll do my best to help further. :)
8 0
3 years ago
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