Answer:
Contribution margin per unit= $21.6
Explanation:
Giving the following information:
Selling price per unit $34
Variable costs per unit:
Direct material $6
Direct manufacturing labor $2.40
Manufacturing overhead $0.80
Selling costs $3.20
<u>The contribution margin is calculated by deducting from the selling price all the variable components:</u>
Contribution margin per unit= selling price - total unitary variable cost
Contribution margin per unit= 34 - 6 - 2.4 - 0.8 - 3.2
Contribution margin per unit= $21.6
Answer:
The amount of cost of goods sold for the month is $127,321.60.
Explanation:
The Weighted Average Cost Method uses a Unit Cost calculated on the Average to value the Cost of Goods Sold and Ending Inventory.
Since the<em> Periodic Inventory System</em> is being used, the Unit Cost will be calculated on Goods Available for Sale.
Average Unit Cost = Total Cost of Goods Available for Sale ÷ Units Available for Sale.
Total Cost of Goods Available for Sale = 7,300 × $9.00 + 3,100 × $10.00 + 12,200 × $10.50 = $224,800
Units Available for Sale = 7,300 + 3,100 + 12,200 = 22,600
Therefore,
Average Unit Cost = $224,800 ÷ 22,600 = $9.947
Cost of Goods Sold = Units Sold × Units Available for Sale
= 12,800 × $9.947
= $127,321.60
<span>The united states has an absolute advantage in the production or automobiles and an advantage in washing machines. Italy has a comparative advantage in automobiles . this mean that Italy should specialize in washing machines and the united states in automobiles. Kodi has the absolute advantage in cutting down coconuts and the absolute advantage in catching fish.</span>
Yes you have to credit a fact if it doesn't involve numbers