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almond37 [142]
3 years ago
14

Larry Company makes and sells 2 models of​ dishwashers, Model ABC and Model XYZ. For every 2 Model ABC​ sold, 3 Model XYZ are so

ld. The following information is also​ provided: Model ABC Model XYZ Sales per unit $ 490 $ 730 Variable Cost per unit ​$250 ​$300 CM per unit $ 240 $ 430 What is the weighted average contribution​ margin?
Business
1 answer:
Reil [10]3 years ago
6 0

Answer:

$354

Explanation:

The computation of the weighted average contribution margin is shown below:

= (Contribution margin per unit for Model ABC × Sales mix for model ABC) + (Contribution margin per unit for Model XYZ × Sales mix for model XYZ) ÷ (Sales mix for model ABC + Sales mix for model XYZ)

= ($240 × 2 models + $430 × 3 models) ÷ (2 models + 3 models)

=  ($480 + $1,290) ÷ (5 models)

= $354

We simply applied the above formula

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Answer:

The correct answer is letter "C": produces products that are considered elastic.

Explanation:

Elasticity refers to the sensitivity of a good or service to reflect change in its supply or demand after a change in price. A product's supply is said to be elastic if the changes in the quantity supplied increases and it immediately determines a price in the price.

Thus, if for technological reasons the output of a company increases, considering that the product is elastic, the prices will increases which will provide the organization more revenue. That firm will be more than glad about the technological advance.

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3 years ago
If a company owns multiple lines of business in different areas such as cable TV, film entertainment, networks, and publishing,
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The decision to list discontinued operations separately on the income statement is useful because it shows investors where the profits are coming from and which operations have ceased to function, especially useful when companies are about to merge.

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3 years ago
A loan of $100,000 is taken out which requires an annual interest payment of 6% of the borrowed amount of money (in market dolla
pav-90 [236]

Answer:

C. $5,150

Explanation:

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4 0
3 years ago
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swat32

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4 years ago
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Answer:

A tract of land used for raising crops or livestockcan be called a field or a farm.

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