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abruzzese [7]
4 years ago
12

Flannigan Company manufactures and sells a single product that sells for $650 per unit; variable costs are $338. Annual fixed co

sts are $960,000. Current sales volume is $4,320,000. Compute the contribution margin ratio.
Business
1 answer:
kkurt [141]4 years ago
5 0

Answer:

The contribution margin ratio is 0.48

Explanation:

The contribution margin ratio is calculated by using following formula:

Contribution margin ratio = (Sales - Total Variable cost)/Sales

Flannigan Company has current sales volume of $4,320,000

The number of products are sold = $4,320,000/$650

Total Variable cost = The number of products are sold x variable costs per unit = $4,320,000/$650 x $338 = $2,246,400

Contribution margin ratio = ($4,320,000 - $2,246,400)/$4,320,000 = 0.48

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Answer:

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Answer: A

Explanation:

A supply chain is a system between an organization and its providers to create and appropriate a particular item to the last purchaser. This system incorporates various exercises, individuals, elements, data, and assets. The supply chain additionally speaks to the means it takes to get the item or administration from its unique state to the client. Organizations create supply chains so they can diminish their expenses and stay serious in the business scene. Supply chain the board is a pivotal procedure on the grounds that an enhanced supply chain brings about lower costs and a quicker creation cycle. A supply chain includes a progression of steps required to get an item or administration to the client. The means incorporate moving and changing crude materials into completed items, shipping those items, and conveying them to the end-client. The substances associated with the supply chain incorporate makers, merchants, stockrooms, transportation organizations, appropriation focuses, and retailers.

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3 years ago
The standard cost card for a product indicates that one unit of the product requires 8 kilograms of a raw material at $0.80 per
Likurg_2 [28]

Answer:

Direct material quantity variance= $992 unfavorable

Explanation:

Giving the following information:

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To calculate the material quantity variance, we need to use the following formula:

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Standard quantity= 870*8= 6,960kg

Direct material quantity variance= (6,960 - 8,200)*0.8

Direct material quantity variance= $992 unfavorable

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3 years ago
What are steps through a civil case?
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