Answer:
Breaking through the stress in the room
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
Product Selling price Unit variable cost
$ $
Trunk switch 60 28
Gas door switch 75 33
Glove box light <u>40</u> <u> 22</u>
<u> 175 </u> <u> 83</u>
Composite contribution margin
= Composite selling price - Composite unit variable cost
= $175 - $83
= $92
Composite contribution margin ratio
= <u>Composite contribution margin</u>
Composite selling price
= <u>$92</u>
$175
= 0.525714285
Composite break-even point in dollars
= <u>Fixed cost</u>
Composite contribution margin ratio
=<u> $18,840</u>
0.525714285
= $35,837
Explanation:
In this case, there is need to add all the selling prices to obtain composite selling price. We also need to add all the unit variable costs to derive composite unit variable cost.
Composite contribution equals composite selling price minus composite unit variable cost.
Composite contribution margin ratio is the ratio of composite contribution to composite selling price.
Composite break-even point in dollars equal fixed cost divided by composite contribution margin ratio.
Answer:
c. protect lessees against lessors who abuse leased assets.
Explanation:
The residual value guarantee may be defined as a guarantee that is made to the lessor where the value of an underlying asset will become at least some specified amount at the end of the lease. The guarantee is given by the party unrelated to a lessor.
The residual value guarantee provides to protect the lessor against the lessees who tries to abuse the leased assets. It does not protect the lessees against the lessors.