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docker41 [41]
3 years ago
6

Ramort Company reports the following cost data for its single product. The company regularly sells 20,000 units of its product a

t a price of $60 per unit. If Ramort doubles its production to 40,000 units while sales remain at the current 20,000-unit level, by how much would the company's contribution margin increase or decrease under variable costing?
Business
1 answer:
netineya [11]3 years ago
7 0

Answer:

It will remain at the same level.

Explanation:

the contribution margin will be the same.

Because under variable cost, we only focus on the variable cost to determinate the unit cost. Which doesn't change at unit level.

contribution margin = sales - variable cost.

<u>If we use absorption cost,</u> the <u>cost would decrease</u>, because the fixed cost are distribute over more units. <u>This will increase the income</u>. However this is not the case.

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Ben Collins plans to buy a house for $180,000. If the real estate in his area is expected to increase in value by 1 percent each
rjkz [21]

Answer:

The approximate value of the house is 192984

Explanation:

I don't know what you mean by "<em>Use Exhibit 1-A</em>" but you can calculate this as follows

180000 * (1+1%)^7

The general formula of cumulative interest is

A * (1+i)^n

A = Amount

i = interest, in this case 1%

n = number of periods, in this case, 7

6 0
3 years ago
"you have 36 square units of material with which to make a box"
Lera25 [3.4K]
What is the task ? Mathematical equations?
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3 years ago
The eight types of waste include all of the following except:
hoa [83]

The eight types of waste in lean manufacturing include all of the following except verifying and checking.

<h3>How to illustrate the information?</h3>

Lean manufacturing is a production method that is aimed at reducing response times within the production system from the suppliers and to customers.

It should be noted that the types of waste include :

  • Transport.
  • Inventory.
  • Motion.
  • Waiting.
  • Overproduction.
  • Overprocessing.
  • Defects.
  • Unutilized talent.

Therefore, verifying and checking isn't an option.

<u>Complete question:</u>

The eight types of waste in lean manufacturing include all of the following except:

Transport and Inventory.

Motion and Waiting.

Overproduction and Overprocessing.

Defects and Unutilized talent.

Verifying and Checking.

Learn more about the manufacturing on:

brainly.com/question/26320301

#SPJ1

7 0
2 years ago
The difference between a budget and a standard is that standards are excluded from the cost accounting system, whereas budgets a
aleksley [76]

Answer:

The correct answer is the last option: a budget expresses a total amount, while a standard expresses a unit amount.

Explanation:

On the one hand, a budget is the name given, in the business field to an estimation done by the managers of the company that shows how much revenue and expenses the managers are expecting that will happen over a specified future period of time and that is normally compared to the reality and the basics of the process of the company while the production is on going.

On the other hand, a standard when it comes to terms of business refers more specifically to units because an standard is something that the managers of the company are expecting to acquire and to achieve over a certain period of time always focusing in the unit of production, not in the total amount.

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3 years ago
Which food is better?<br><br> Toast?<br><br> Jelly?<br><br> Hint: Don't choose the other...
Allisa [31]
Toast because jelly belongs on something
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3 years ago
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