A. You do not have to pay when you have a scholarship.
Answer:
$6.55
Explanation:
A company sells two products. Product A sells for $10.00 per unit and Product B sells for $8.00 per unit. Variable costs are $3.00 for Product A and $2.50 for Product B. If the sales mix is 70% Product A and 30% Product B, the weighted average contribution margin is _____.
Step 1
Calculate Contribution per product = Selling Price - Variable Costs
Contribution for A = 10 - 3 = 7
Contribution for B = 8 - 2.5 = 5.5
Step 2
Multiply the Contribution per product by its sales mix
A = 7 x 70% = 4.9
B = 5.5 x 30% = 1.65
Step 3
Add up the weighted contribution margins for each product
Therefore the the weighted average contribution margin for both product is (4.9 + 1.65) = $6.55
Given the data in the problem, we can calculate the cost of production for each bucket:
one bucket requires:
500 grams of plastic and one-half hour of direct labor.
The plastic costs $10.00 per 500 grams and the employees are paid $15.00 per hour.
Therefore, one bucket costs (material and labor):
$10.00 + $15.00 * (1/2 hour) = $17.50 per bucket plus (1.10 * $7.50) = $25.75
for 380 buckets :
$25.75 * 380 = $9785
This value only represents the cost of production of 380 buckets for the month of March. <span />
Adding years of experience boost the pay of basically whatever job you have experience= more money
In simpler terms, a business deal.
Either one party has buy a good or sell a specific product to another party. This process is called transaction.
Every transaction occurs during an exchange of two services, the product and the money involved.
