1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Solnce55 [7]
3 years ago
9

Flannigan Company manufactures and sells a single product that sells for $620 per unit; variable costs are $372. Annual fixed co

sts are $868,000. Current sales volume is $4,370,000. Compute the contribution margin per unit.
Business
1 answer:
pashok25 [27]3 years ago
4 0

Answer:

$248 per unit

Explanation:

Given that

Selling price per unit = $620

Variable cost per unit = $372

Fixed cost = $868,000

Current sales volume = $4,370,000

The formula and the computation of the contribution margin per unit is shown below:

Contribution margin per unit = Selling price per unit - Variable expense per unit

= $620 - $372

= $248 per unit

You might be interested in
Which of the following gave workers a reason to form early unions?    
sveta [45]
I believe the answer is B because unions serve to protect workers' rights
7 0
3 years ago
"Buy our cell phone with built-in calendar and reminder features! This way you will never forget an appointment while on the go.
Ilya [14]
The correct answer is fears

People are often afraid of being late for important meetings or job interviews or anything similar, so if you buy the cell phone, you have nothing to fear. This is a pretty common marketing strategy.
8 0
3 years ago
Define central bank economics. ​
Alborosie

Answer:

A central bank is a financial institution given privileged control over the production and distribution of money and credit for a nation or a group of nations. In modern economies, the central bank is usually responsible for the formulation of monetary policy and the regulation of member banks.

6 0
3 years ago
Ackert Company's last dividend was $4.00. The dividend growth rate is expected to be constant at 1.5% for 2 years, after which d
Elza [17]

Answer:

First we need to use the ddm model when the growth rate is constant and find the price then,because the ddm model cannot be used when the growth rate  is not constant and then discount it back to present value at 12% which is the required return.

Last dividend = $4

Dividend one year from now = 4*1.015=4.06

Dividend 2 years from now = 4.06*1.015=4.12

Growth rate 2 years from now = 8%

R= 12%

Price = D*(1+G)/(R-G)

=4.12*(1+1.08)/(0.12-0.08)=4.45/0.04= 111.26

Price of stock 2 years from now $111.26, now we need to discount it to the present value. 111.26/1.12^2=88.69

Best estimate = b. $89.87

Explanation:

5 0
3 years ago
Match each of the descriptions with the term or phrase it best reflects.
Eva8 [605]

Answer and Explanation:

The matching of the given descriptions with their term or phrase is presented below:

A. Audit = 1. An audit should be the process in which the review is done with respect to the financial statements whether it is as per the GAAP or not

C. Ethics = 5. Ethics refers to a principle in which it figured out what is wrong and what is right

F. Public accountants = 4 The public accountants are the accountants who provides the accounting services to various customers or clients

G. Net income = 2 It represents that the company earns revenue i.e. more than its expenss

H. IASB = 3 It refers to an accounting standard that is based on the principles of accounting for the United States

3 0
3 years ago
Other questions:
  • S10-1 (similar to) Alpine Clothing purchased​ land, paying $ 110 comma 000 cash and signing a $ 270 comma 000 note payable. In​
    6·1 answer
  • Ten opinions on "discipline and successful life"​
    7·1 answer
  • You must pick one of two​ wagers, for an outcome based on flipping a fair coin. 1. You win ​$440 if it comes up heads and lose ​
    6·1 answer
  • If you want more blank white space around the text in a document, you should increase the ____.
    9·1 answer
  • An increase in the government’s budget surplus means a. public saving is greater than $0 and increasing. b. public saving is gre
    15·1 answer
  • what to nations and businesses use to see how much producing some good will cost them in terms of not producing other goods
    15·1 answer
  • A firm in a purely competitive labor market is a wage taker because
    7·1 answer
  • t is often costly to obtain the information necessary to make good decisions. yet your own interests can be best served by ratio
    7·1 answer
  • Do you think the licensing process for international medical graduates is an unnecessary hurdle meant to shield U.S. doctors fro
    13·1 answer
  • 1.the profit maximizing monopolist would achieve loss minimization when... a.total cost equals total revenue. b.price is below a
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!