Mic exchange and the 2. How does it affect economics in the Philippines?

Armstrong industries has a contribution margin of $300,000 and a contribution margin ratio of 30%. how much are total variable c

ozzi

$300,000 / 30% = 1,000,000 - 300,000 = $700,000

5 0

3 years ago

A cement manufacturer has supplied the following data: Tons of cement produced and sold 260,000 Sales revenue $ 1,206,400 Variab

fredd [130]

Answer:

Unitary contribution margin= $2.47

Explanation:

Giving the following information:

Tons of cement produced and sold 260,000

Sales revenue $ 1,206,400

Variable manufacturing expense $ 479,570

Variable selling and administrative expense $ 84,630

First, we need to calculate the total and unitary variable cost:

Total variable cost= 479,570 + 84,630= $564,200

Unitary variable cost= 564,200 / 260,000= $2.17

Now, the unitary selling price:

Selling price= 1,206,400 / 260,000= $4.64

Finally, the unitary contribution margin:

Unitary contribution margin= 4.64 - 2.17

Unitary contribution margin= $2.47

4 0

3 years ago

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Today the current EUR to USD exchange rate is 1 EUR = 1.19 USD. According to the Bloomberg consensus estimate, the EUR to USD ex

OlgaM077 [116]

Answer:

1 . b

2. 84.03 euro

3. 135.28 euros

4. 177.22 dollars

5. 0.77

6. 0.154

Explanation:

1. Dollar depreciated

2. 1 Euro = 1.19 dollars

So therefore

1 dollar = 1 euro/1.19

So 100 dollars = 100 * (1/1.19) = 84.03 Euro.

3. A = p * (1 + (r/n))^(nt)

Where p = principal = 84.03

A = accrued amount after maturity

r = rate = 10%

n = number of compounding = yearly = 1

t = time of maturity = 5

So therefore:

A = 84.03 (1 +0.1)^5

A = 135.28 Euro

4. Convert 135.28 euros to dollars after 5 years

Since 1 Euro = 1.31 dollars

So therefore 135.28Euro will be 1358.28 * 1.31 = 177.22 dollars

5 - (final value/initial value) - 1 )

Where final value = 177.22

Initial value = 100

So therefore [ (177.22/100) - 1] = 0.77

6 - average annual return = sum of earning after maturity / time of maturity

So therefore : 0.77/ 5 = 0.154

6 0

3 years ago

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Conversion costs are a.direct materials and factory overhead b.direct materials and indirect labor c.direct materials and direct

Digiron [165]

Answer:

d.factory overhead and direct labor

Explanation:

The conversion cost is a mix of the direct labor and the factory overhead or the manufacturing overhead

In mathematically,

Conversion cost = Direct labor + factory overhead

It is that cost which includes direct labor cost and manufacturing overhead cost only. It means that it excludes the direct material cost. Like - depreciation, factory rent, factory supplies, etc

4 0

3 years ago

John Roberts is 55 years old and has been asked to accept early retirement from his company. The company has offered John three

Ludmilka [50]

Answer:

The best alternative will be of 180,000 today.

Explanation:

We calculate the present value of the second and third alternatives and compare with the cash received today:

.2. A 20-year annuity of $16,000 beginning immediately

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 16,000

time 20

rate 0.07

$16000 \times \frac{1-(1+0.07)^{-20} }{0.07} = PV\\$

PV $169,504.2279

3.- A 10-year annuity of $50,000 beginning at age 65.

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C $ 50,000

time 10 years

rate 0.07

$50000 \times \frac{1-(1+0.07)^{-10} }{0.07} = PV\\$

PV $351,179.0770

This start at age 65 currently he's 55 so we bring it to present:

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity $ 351,179.08

time 10 years

rate 0.07

$\frac{351179.07704663}{(1 + 0.07)^{10} } = PV$

PV 178,521.64

As non of the alternatives is better than 180,000 today we pick this alternative.

7 0

3 years ago

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