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
Alina [70]
4 years ago
10

A company's product sells at $12 per unit and has a $5 per unit variable cost. The company's total fixed costs are $98,000. The

contribution margin per unit is:
Business
1 answer:
lara31 [8.8K]4 years ago
6 0

Answer:

The contribution margin per unit is $7

Explanation:

The contribution margin per unit can be defined as the difference between the selling price per unit and the variable cost per unit.

Contribution margin per unit = Selling price - Variable cost

Contribution margin per unit = $12 - $5

Contribution margin per unit = $7

The contribution margin per unit is $7

You might be interested in
Is there a trade-off between standardization and innovation? how are the two related in most companies?
Dmitry_Shevchenko [17]
Standardization and innovation play critical roles in the development of goods and services. Standardization allows for a stabilized starting point in which to move forward and develop other goods and services which is related to innovation. Standardization provides stability, a known factor which can be relied upon, whereas innovation is riskier and may not come to be successful endeavor. However, like all risk, that is the payoff for the investment in innovation, for if the innovative good or service can be successfully brought to market, the dividends for a payout can be well worth it.
5 0
4 years ago
The application of quantitative techniques, such as statistics and computer simulations, to management is called _____ managemen
Dafna11 [192]

Answer:

quantitative management

Explanation:

Quantitative management -

It is the method by which mathematical and computer technologies are taken into consideration , in order to filter out the financial statistics to select the stocks , is referred to as quantitative management.

The model is very basic to use as once it is established can be used easily.

Hence, from the given statement of the question ,

The correct term is quantitative management.

5 0
4 years ago
the United States, a three-pound can of coffee costs about $5. If the exchange rate is 0.8 euros per dollar and a three-pound ca
Luda [366]

Answer:

=4/7 cans of Belgium coffee for one can of US coffee

Explanation:

Cost of 1 can of coffee in US = $5

Cost of similar can of coffee in Belgium = EURO 7

Real Exchange Rate (Euro/$) =

Nominal Exchange rate × \frac{Price\ in\ domestic\ market}{Price\ in\ foreign\ market}

= 0.8 × 5/7

=4/7 cans of Belgium coffee per can of US coffee

Nominal exchange rate refers to the exchange rate between two countries which is not adjusted for inflation.

Nominal exchange rate when adjusted for inflation is known as real exchange rate.

Real rate = Nominal rate - Inflation rate

3 0
3 years ago
A visual of a map color-coded to indicate states' rates of consumer debt is an example of
AleksAgata [21]
A cosmograph simply because that is not what any of the other graphs look like. D is the only one that can take the shape of a state.
6 0
3 years ago
Read 2 more answers
After the amount due on a sale of $30,400, terms 2/10, n/eom, is received from a customer within the discount period, the seller
Elenna [48]

Answer:

a. The amount refund owed to the customer is : $29,792

b. To record the refund and the return of merchandise:

Dr Sales returned and Allowances     $30,400

Cr Sales Discounts                              $608

Cr Cash                                                $29,792

(to record the refund of $30,400 sales with sales discount of $608 made)

Dr Merchandise Inventory                    $13,060

Cr Cost of Merchandise sold               $13,060

(to record the impact of the $30,400 sales refund on cost of merchandise sold and merchandise inventory)

Explanation:

- Further explanation for sell discounts calculation:

As the terms is 2/10, total discount had been given as calculated below:

$30,400 x 2% = $608.

3 0
4 years ago
Other questions:
  • Please hellllpppppp x.x
    8·1 answer
  • The three types of mathematical simulation models are
    8·1 answer
  • If you are planning to carry a large balance on yo ur credit card which of the following
    11·1 answer
  • Indicating where an idea or fact came from is known as:
    11·2 answers
  • Which of the following statements about private club
    10·1 answer
  • Which condition would not help to produce a test like environment?
    7·1 answer
  • Shamrock Shades operates in mall kiosks throughout the southwestern U.S. Shamrock purchases sunglasses from bulk discounters and
    13·1 answer
  • If underproduction occurs in this​ market, and 10 million DVDs are​ produced, consumer surplus is ​$ 30 million and producer sur
    15·1 answer
  • Assume that the economy has three types of people. 20% are fad followers, 75% are passive investors, and 5% are informed traders
    7·1 answer
  • Tempo Company's fixed budget (based on sales of 16,000 units) for the first quarter of calendar year 2017 reveals the following.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!