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katen-ka-za [31]
3 years ago
11

The Haskins Company manufactures and sells radios. Each radio sells for $76.00 and the variable cost per unit is $40.00. Haskin'

s total fixed costs are $70,000.00, and budgeted sales are 46,000.00 units. What is the contribution margin per unit
Business
1 answer:
nevsk [136]3 years ago
5 0

Answer:

The answer is $36.00

Explanation:

Contribution margin per unit is when variable cost per unit is subtracted from selling price per unit. Contribution is that part of revenue that was not used by variable costs and was used to cover fixed costs

selling price per unit = $76.00

variable cost per unit = $40.00

Therefore, contribution margin per unit is $76.00 - $40.00

= $36.00

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Kasravi Co. had net income for 2018 of $800,000. The average number of shares outstanding for the period was 300,000 shares. The
navik [9.2K]

Answer: $2.64

Explanation:

Based on the information given in the question, the outstanding diluted share will be calculated as:

= 300,000 + 15000(5/30)

= 300000 + 15000(0.16667)

= 300000 + 2500

= 302500

The amount that Kasravi Co. should report for diluted earnings per share for the year ended 2018 will be calculated as:

Diluted Earning per share = Net income /outstanding diluted share

= $800,000 / 302,500

= $2.64

ANSWER = (c) $2.64

7 0
3 years ago
Kenneth wants to start a new business. To get start-up capital, he takes a short-term loan from a bank. The bank agrees to provi
Scilla [17]

Option D

Revolving credit agreement short-term financing sources Kenneth utilizes to fund his business in the given scenario

<h3><u>Explanation:</u></h3>

Revolving credit means is a line of credit that is established among a bank and a business. It has an organized peak amount, where the firm has a way to the funds at any time when demanded. It is required for companies that may seldom hold low cash surpluses to continue their networking capital demands.

Because of this, it is frequently regarded as a kind of short-term funding that is normally paid off suddenly. To begin the loan, a bank may impose a commitment fee. This remunerates the bank for holding an open way to a potential loan, where interest fees are only initiated when the revolver is carried.

6 0
3 years ago
Assume there are 100 suppliers of widgets in the widget market. Half of these suppliers supply 35 widgets to the market each, a
Bess [88]

Answer:

Total widgets supplied in the market will be 4000

So option (d) will be correct answer

Explanation:

We have given total number of suppliers = 100

It is given that half of the suppliers supply 35 widgets

So 50 supplier supply 35 widgets each

So total number widgets supplied by 50 supplier = 50×35 = 1750

A quarter, that is 25 supplier supply 40 widgets

So widgets supplied by 25 supplier = 25×40 = 1000

And other quarter, that is 25 supplier supply 50 widgets each

So widgets supplied by 25 supplier = 25×50 = 1250

So total widgets supplied in the market will be = 1750+1000+1250 = 4000

So option (d) will be correct answer

5 0
3 years ago
27) if u.s. interest rates fall relative to japanese interest rates and japanese inflation falls relative to u.s. inflation, the
Oduvanchick [21]
The US dollar savings will flow into Japan and put appreciation pressure on the Japanese Yen, resulting in a number of policy choices for Japan: 1, the Japanese central bank will interface the exchange rate between US dollar and Japanese Yen by buying and hoarding US dollars ; 2, the Japanese interest rate will also fall to counter the pressure of currency appreciation; 3, the Japanese central bank could increase monetary supply to deliberately increase inflation pressure.
6 0
3 years ago
Consider a population list x, with a CV= 10%. A second population list, y, has a CV= 20%. Assume that the average of list y is 1
Sedaia [141]

Answer:

s^2_Y = 200^2= 40000

Explanation:

Data given

From the info given we have the following conditions:

\bar Y = 10 \bar X

s^2_x = 100

s_x = 10

CV_x = 10\% = 0.1

CV_y = 20\% = 0.2

And we want to find s^2_y =?

Solution to the problem

From the definition of variation coefficient we know this:

CV_x = 0.1=\frac{S_x}{\bar X}

From this condition we can solve for \bar X and we got:

\bar X = \frac{10}{0.1}=100

Now we can find \bar Y like this:

\bar Y = 10*100 = 1000

Now from the definition for coefficient of variation for Y we have:

CV_y = 0.2=\frac{S_y}{\bar Y}

We can solve for S_y and we got:

S_y = 0.2*1000= 200

And finally the variance would be:

s^2_Y = 200^2= 40000

3 0
3 years ago
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