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Ghella [55]
3 years ago
12

The Goldfarb Company manufactures and sells toasters. Each toaster sells for $24.45 and the variable cost per unit is $16.65. Go

ldfarb's total fixed costs are $25,700, and budgeted sales are 8,700 units. What is the contribution margin per unit?
Business
1 answer:
Tasya [4]3 years ago
8 0

Answer:

$67860

Explanation:

sell price of each toaster= $24.45

variable cost per unit= $16.65

total fixed cost= $25,700

number of unit sold x= 8700

the formula for contribution margin is

= sales price- variable cost

= (s-v)x

putting values we get

= (24.45-16.65)\times8700

= $67860

Hence the contribution margin the above case will be $67860

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The ideal target market for a firm is the one in which it can profitably generate the greatest customer ________ and ________ it
serg [7]

Answer:

Value; Sustain and Grow

Explanation:

5 0
2 years ago
Which account option may require larger money contributions than usual but offers a higher interest rate than traditional saving
saul85 [17]

Explanation: checkings

7 0
3 years ago
Read 2 more answers
The Yurdone Corporation wants to set up a private cemetery business. According to the CFO, Barry M. Deep, business is "looking u
Crank

Answer:

-$414,444.44

Explanation:

The computation of the net present value is shown below:

Net present value = Initial investment + net cash flows ÷ (required rate of return - projected growth rate)

= -$1,570,000 + $104,000 ÷ (12% - 3%)

= -$1,570,000 + $1,155,555.56

= -$414,444.44

Hence, the net present value is -$414,444.44

Since the net present value comes in negative so the project is rejected

         

8 0
3 years ago
If ten years ago the price of a movie ticket was $5 and the average hourly wage was $10, and today the price of a movie ticket i
adelina 88 [10]

Answer:

It means movies are relatively cheaper than working hours

Explanation:

In order to estimate the relativity of the two activities, there is a need to compare the changes over ten years

1. 10 years ago, Movie ticket= $5, 10 Years later Movie ticket= $8, the 10 year difference is $3

2. 10 years ago, average hourly wage = $10, 10 years later, average hourly wage = $20, the 10 year difference is $10

First, it means for the $3 change in movie ticket cost, there was a $10 change in the average hourly wage.

Put differently, while movie ticket got a 60% increase in price 3/5 x 100=60%

Average hourly wage got 100% increase  10/10 x 100= 100%

It means that working hours got more expensive and movie tickets got cheaper

8 0
3 years ago
A firm has adopted a policy whereby it will not seek any additional external financing. Given this, what is the maximum growth r
VashaNatasha [74]

Answer:

The maximum growth rate to my calculations is 8.32%, since it is closer to option E), I´d choose E) 8.37%

Explanation:

Hi, in order to find the growth rate given all the info of the problem, we need to use the following formula.

g=b*R

Where:

g = growth rate

b=retention ratio

R = return on equity

Since R = Earnings / Equity, and our dividend payout ratio (equals to 1 - b)our fromula changes to:

g=(1-Payout)*\frac{NetIncome}{Equity}

So, everything should look like this:

g=(1-0.25)*\frac{32,600}{294,000} =0.0832

So, the growth rate is equal to 8.32% but this option is not available, therefore we´ll go for the closest one, that is E) 8.37%.

Best of luck.

7 0
3 years ago
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