Answer:
5%
Explanation:
Calculation for the net rate of return from this investment
First step is to calculate The dollar return
The dollar return=$2 + $3 + ($101 − $100) − $1
The dollar return =$2 + $3 + $1 − $1
The dollar return =$5
Now let The rate of return
The rate of return =$5/$100
The rate of return= 5%
Therefore the rate of return is 5%
There must be at least two lines on any plane because a plane is defined by 3 non-collinear points.
Answer:
$21.65
Explanation:
The computation of the standard cost is shown below:
= Material cost + labor cost + factory overhead cost
where,
Material cost = 3 ÷ 4 × $5 per yard
= $3.75
Labor cost = 2 hours × $5.75 = $11.5
And, the factory overhead cost is
= $3.20 × 2 hours
= $6.4
So, the standard cost is
= $3.75 + $11.5 + $6.4
= $21.65
Answer:
$28 per unit
Explanation:
since the information is missing, I looked for similar questions:
contribution margin per chair = $50 - $35 = $15
contribution margin per table = $200 - $120 = $80
sales mix: 4 chairs + 1 table
contribution margin per sales mix = (4 x $15) + $80 = $140
weighted average contribution margin = $140 / 5 = $28