The Contribution Margin for Remy Corporation s $77,000
<h3>What is contribution margin?</h3>
Contribution margin refers to a business' sales revenue minus its variable costs.
Given the above information,
Contribution margin would be:
= (5,500 units * $30 per unit) - (5,500 units * $16 per units)
= $165,000 - $88,000
= $77,000
Therefore the final Contribution Margin for the company is $77,000
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Answer:
$12,000
Explanation:
The double-declining method records a higher depreciable amount in the first years of asset life. It uses double the rate used in the straight-line method.
Using the double-declining method, the depreciation rate for Fathom will be 40 % ({1/5 x100 } )
first-year depreciation- 2018
=40/100 x $50,000
=0.4 x 50,000
=$20,000
Book value= $50,000- $20,000= $30,000
Second-year depreciation- 2019
= 40 % x 30,000
=0.4 x $30,000
=$12,000
By using the double-declining-balance depreciation amount for year two = $12,000
Succession planning is wherein is the process of developing individuals for key positions as well as leadership training for the future. This is usually wherein employees are being assessed to have a specific position that they would in someday.
Examples would be:
<span>1. </span>To retain the talents of the employees and to create an attraction for the company for future job seekers.
<span>2. </span><span>The continuity of leadership through development for future achievements.</span>
A decision-making process that managers use to determine how to invest the company’s funds in major capital assets is capital budgeting.
<h3>What is capital budgeting?</h3>
It should be noted that capital budgeting simply means the process undertaken by a business to evaluate investments.
In this case, the decision-making process that managers use to determine how to invest the company’s funds in major capital assets is capital budgeting.
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