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timama [110]
3 years ago
12

A Trek Cycles manufactures and sells bicycles to retailers. The X-1 model sells for $500 and has per-unit variable costs of $300

associated with its production. The company has fixed expenses of $30,000 per month. In May, the company sold 300 of the X-1 model bikes. Show your calculations for full credit. Calculate the contribution margin per unit for the Bomber. Calculate the contribution margin ratio of the Bomber. Prepare a contribution margin income statement for the month of May.
Business
1 answer:
tankabanditka [31]3 years ago
6 0

Answer:

Instructions are below.

Explanation:

Giving the following information:

Selling price= $500

Unitary variable cost= $300

Fixed costs= $30,000

Units sold= 300

<u>First, we need to calculate the contribution margin:</u>

Contribution margin= 500 - 300= $200

<u>Now, the contribution margin ratio:</u>

Contribution margin ratio= contribution margin/selling price

Contribution margin ratio= 200/500= 0.4

<u>Finally, the contribution margin income statement:</u>

Sales= 500*300= 150,000

Total variable cost= 300*300= (90,000)

Contribution margin= 60,000

Fixed costs= (30,000)

Net operating income= 30,000

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During November, the production department of a process operations system completed and transferred to finished goods 31,000 uni
Aleks [24]

Answer:

200,800 units

Explanation:

<u>Calculation of Equivalent units of Production of Conversion Costs</u>

Method : weighted-average method.

Completed and Transferred (181,000 × 100%)             = 181,000

Ending Work In Process (33,000 × 60%)                     =   19,800

Equivalent units of Production of Conversion Costs  = 200,800

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3 years ago
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4. False. With the advancement of technology, capital becomes more productive and efficient, meaning they produce more output using the same amount of input.
7 0
3 years ago
Helping employees find the harmony between the demands of their personal and professional lives is called ________.
motikmotik

Helping employees find the harmony between the demands of their personal and professional lives is called<u> Work-Life Balance</u>.

Employees face a variety of obstacles in the workplace today. While certain professions permit a more flexible separation of work and personal life, many others require substantial sacrifices in the area of leisure and family.

The United States is ranked 30th among nations with the best work-life balance by Statista. This is primarily due to the fact that many Americans often put in extra time at work.

Employers are becoming more conscious of the rising demands of their workers about a healthy work-life balance as a result.

Businesses are now thinking about how to create a work-life balance and putting in place specific strategies to encourage this. Making workers more productive is a goal, but so is making them happier and more balanced.

To learn more about Work-life Balance here

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8 0
1 year ago
A firm has sales of $68,400, costs of $42,900, interest paid of $2,100, and depreciation of $6,500. The tax rate is 34 percent.
tankabanditka [31]

Answer:

9.04

Explanation:

TIE ratio = profit excluding interest/interest

expense

Putting value in above equation;

TIE ratio = 68400-42900-6500/2100

TIE ratio = 9.04

7 0
3 years ago
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