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Alina [70]
3 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]3 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

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Answer:

The primary purpose of the NYSE is to match buyers with sellers.

Explanation:

The New York Stock Exchange (NYSE) is a collection of domestic and foreign securities, including stocks, bonds and other investments traded in a public market for investors to buy and sell

3 0
3 years ago
Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $2,100 of dir
Zina [86]

Answer:

Total work in process = $12,900

Explanation:

Provided information,

Cost incurred during the month on this order

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3 years ago
After graduating from dental school two years ago, Dr. Lauren Farish purchased the dental practice of a long-time dentist who wa
sukhopar [10]

Answer:

Total cost formula= 3,510 + 4.911*x

x= Number of instruments

Explanation:

<u>To calculate the variable and fixed costs, we will use the high-low method:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

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Variable cost per unit= $4.911

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

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Fixed costs= $3,510

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Fixed costs= 6,574 - (4.911*624)

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For 1,192 instruments:

Total cos= 3,510 + 4.911*1,192

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About 15-16%

Explanation:

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