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dsp73
3 years ago
15

Given a normal selling price per unit of $750, what is the contribution margin per unit sold for recurring (i.e., normal) sales

Business
1 answer:
Usimov [2.4K]3 years ago
5 0

Answer:

$396

Explanation:

Calculation for the contribution margin per unit sold for recurring sales

Using this formula

Contribution margin per unit = Normal Selling price per unit - (Direct material +Direct labor+Variable factory overhead)-Variable selling & administrative costs

Let plug in the formula

Contribution margin per unit = $750 - ($120+ $150 + $60) - $24

Contribution margin per unit = $750 - $330 - $24

Contribution margin per unit= $396

Therefore the contribution margin per unit sold for recurring sales will be $396

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Ilya [14]
Answer:  " DECREASES" .___________________________________
4 0
3 years ago
Carby Hardware has an outstanding issue of perpetual preferred stock with an annual dividend of $5.10 per share. If the required
DerKrebs [107]

Answer:

PV = $78.46153 rounded off to $78.46

Explanation:

A perpetuity is an unlimited series of cash flows that are of constant amount and occur after equal intervals of time. As they are unlimited in number, we say that they are perpetual. A perpetual preferred stock can also be said to be in form of a perpetuity as it pays a constant dividend after equal intervals of time. To calculate the price of the preferred stock, we use the present value of perpetuity formula which is,

PV = Cash flow / r

Where,

  • r is the required rate of return

PV = 5.1 / 0.065

PV = $78.46153 rounded off to $78.46

4 0
3 years ago
Materials purchased on account during the month amounted to $190,000. Materials requisitioned and placed in production totaled $
svetoff [14.1K]

The entry to record the transaction for materials requisitioned by the production department is to

Debit WIP $156,000

Credit Materials $156,000

Organization accountants should account for direct and indirect materials one after the other. The magazine entry for direct substances, this is, substances that can be without delay traced to merchandise, is a debit to the paintings in technique and a credit to the raw materials inventory accounts.

To file materials used in manufacturing, a debit for the value of raw substances is made to the WIP inventory account and a credit score is made to the raw substances account. Exertion fees are spilt between direct and indirect labor.

Learn more about transactions here brainly.com/question/1016861

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5 0
1 year ago
A _____ is an organizational group responsible for coordinating the project management function throughout an organization. a. P
kow [346]

Answer:

Project Management Office is the correct answer.

Explanation:

Project Management Office is a department that focuses on and maintains the quality and overview of project management throughout the organization.

The objective of the Project Management Office is to give a platform that supports all the project teams to achieve and improve the chances of successful outcomes.

5 0
4 years ago
Reddick Enterprises' stock currently sells for $35.50 per share. The dividend is projected to increase at a constant rate of 5.5
Shalnov [3]

Answer:

E. $41.69

Explanation:

We know,

Value of stock (P_{0}) = \frac{D_{1}}{k_{s} - g} [In case of constant growth model]

D_{1} = Next year or expected dividend

k_{s} = required rate of return

g = growth rate = 5.50%

However, as there is no information regarding expected dividend, we will use the alternative formula to calculate the stock's expected price 3 years from today.

P_{3} = P_{0} × (1 + g)^{3}

Here, current stock price, P_{0} = $35.50

Therefore, P_{3} = $35.50 × (1 + 0.0550)^{3}

P_{3} = $35.50 × 1.1742

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Therefore, option E is the answer.

4 0
3 years ago
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