1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nadya68 [22]
2 years ago
8

Barkley Company sells two​ products, red cups and black mugs. Barkley predicts that it will sell 2 comma 100 red cups and 700 bl

ack mugs in the next period. The unit contribution margins for red cups and black mugs are $ 2.90 and $ 3.00​, respectively. What is the weighted average unit contribution​ margin? (Round the final answer to the nearest​ cent.)
Business
1 answer:
faltersainse [42]2 years ago
8 0

Answer:

$2.73

Explanation:

Contribution margin:

Red = Unit Contribution margin × Sales Mix

      = $ 2.90 × 2,100

      = $6,090

Black = Unit Contribution margin × Sales Mix

         = $ 3.00 × 700

         = $2,100

Total contribution margin = Red + Black

                                           = $6,090 + $2,100

                                           = $8,190

Total sales mix = 2,100 + 700

                         = 3,000

Weighted CM:

= Total Contribution Margin ÷ Sales Mix

=  $8,190 ÷ 3,000

= $2.73

You might be interested in
If a seller requires an intermediary to purchase a supplementary product to qualify to purchase the primary product the intermed
Mashcka [7]

Answer:

A Tying Contract

Explanation:

If a seller requires an intermediary to purchase a supplementary product to qualify to purchase the primary product the intermediary wishes to buy, it results in a tying contract. It is mostly treated as an illegal because it pushes  intermediary organization to buy other products if they wishes to purchase the products which is actually needed to be purchased. Some companies make it compulsory for their intermediaries in doing so. For example, if you have to buy 10 packs of Lays, then you must be buying 5 extra boxes of Pepsi as well. It is being done because of the power and market share that company is enjoying in the market, so they take its advantage.

7 0
3 years ago
You are faced with the following alternative choices on Saturday afternoon. You can only do one of these activities. None of the
garri49 [273]

Answer:

Missing out on the benefits I get from working out using exercise equipment in my garage.

Explanation:

When an option is chosen from alternatives, the opportunity cost is the "cost" incurred by not enjoying the benefit associated with the best alternative choice. The New Oxford American Dictionary defines it as "the loss of potential gain from other alternatives when one alternative is chosen." Since Choice B is the next best choice to hiking, missing out on the benefits of working out will be my opportunity cost.

3 0
3 years ago
Wanda takes $3,000 from her savings account that pays 5 percent interest per year and uses the funds to purchase a computer for
Salsk061 [2.6K]

Answer:

$1,150

Explanation:

Implicit rental rate refers to the cost that a company incurred by spending money as opposed to what that money could earn if it were invested in something else. Therefore since in a year the computer was worth $1000 less and Wanda also lost out on the 5% that the savings account would have generated which would be $150. Then her total cost is that of $1,150

7 0
3 years ago
In your opinion ,what is the correct priority in making a business decision?#1 personel integrity,organizational values,profit..
kumpel [21]
The correct priority in making business decision is:

<span>#3 profit, organizational values,personal integrity.

The main reason why you put up a business is to gain profit. Thus, it is a priority. Second consideration would be the organizational values. Organizational values will determine the longevity of the company and the tenure of its employees.</span>
5 0
3 years ago
Groups of countries that seek mutual economic benefit from reducing interregional trade and tariff barriers are called _________
soldier1979 [14.2K]

Answer:

c

Explanation:

Multinational market regions are groups of countries that seek mutual economic benefit from reducing interregional trade and tariff barriers.

Types of multinational market regions

  1. Regional Cooperation Groups.
  2. Free Trade Area  
  3. Customs Union.
  4. Common Market  
  5. Political Union
3 0
3 years ago
Other questions:
  • a corporate team building event costs2 plus an additional $1 per attendee. How many attendees can there be at most if the budget
    15·1 answer
  • What are the benefits of mechanical dissection?
    11·1 answer
  • Whole Foods Market ordered 12 cases of organic vegetable soup with a list price of $18.90 per case and 8 cases of organic baked
    13·1 answer
  • Bill and rosie have been happily married for 40 years. they have never spent more than two nights apart. bill has been battling
    15·1 answer
  • Swan song is a spa that caters to the needs of small percentage of highly health conscious consumers. It offers state-of-the-art
    6·1 answer
  • Kalani is an account executive with a medical device company that sells sophisticated camera equipment used in surgical procedur
    13·1 answer
  • Caroline is an artist. She purchases canvas, paints, brushes, and accessories for $75. She sells orn of her original paintings t
    15·1 answer
  • Unit cost of materials for a department using the FIFO method of process costing is found by taking the total cost of materials
    11·1 answer
  • Time period is important in accounting. Companies need to report revenue and expenses on their income statement based on what th
    6·1 answer
  • Kogler Corporation's relevant range of activity is 7,000 units to 11,000 units. When it produces and sells 9,000 units, its aver
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!