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lys-0071 [83]
3 years ago
11

At its $60 selling price, Atlantic Company has sales of $15,000, variable manufacturing costs of $4,000, fixed manufacturing cos

ts of $1,000, variable selling and administrative costs of $2,000 and fixed selling and administrative costs of $1,000. What is the company's contribution margin per unit?a. $26b. $28c. $44d. $36
Business
1 answer:
Kay [80]3 years ago
6 0

Answer:

$28

Explanation:

Step 1:

If a company sells a product at $60 each and makes a sale of $15,000, the number of units of items produced is

$15,000 ÷ $60 = 250 units.

Step 2:

To calculate the company's contribution margin per unit,

we have, (unit selling prices - unit production cost)

unit selling price is #60

unit cost of production is (total cost of prodcution ÷ number of units)

total cost of production is $4,000+ $1,000+ $2,000+ $1,000 = $8000

Unit cost of production is $8000 ÷ 250 = $32

i.e it takes $32 to manufacture 1 product.

Contribution margin = $60 - $32

                                 = $28

∴ the contribution margin is $28.

Cheers.

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Your high school transcript will include each of these items EXCEPT...
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Answer:

a list of your test and quiz grades in each course

Explanation:

a list of your test and quiz grades in each course

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2 years ago
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The Molding Department of Kennett Company has the following production data: beginning work in process 25,000 units (60% complet
Masja [62]

Answer:

450,000 units

Explanation:

This question asks to calculate the equivalent units of materials. It must be known that equivalent units are calculated by multiplying the number of physical units by percentage of completion.

The question assumes that materials are entered at the beginning of the process.

Mathematically, the equivalent units for materials = started into production + Beginning work in process

= 25,000 units + 425,000 units = 450,000 units

8 0
3 years ago
Which is the most important factor on which motor carriers compete?
Anon25 [30]

Answer:

The correct response is "railroad". A further explanation is given below.

Explanation:

  • The other passenger transport market is railways, is because rail services are easier and have already been commonly used instead of motor carriers as well as providers.
  • Railways don't always occupy all geographic locations of the nation, but in certain areas of the country, they were a theme or a trend.
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2 years ago
An investment pays you $100 at the end of each of the next 3 years. The investment will then pay you $200 at the end of Year 4,
Nesterboy [21]

Answer:

Present value is $923.90 and future value is $1,466.24

Explanation:

Given:

$100 is received in the next three years. It's an annuity so refer present value of annuity table. Present value annuity factor for 3 years, 8% is 2.5771. So present value of this will be $257.71 (2.5771 × 100). Similarly calculation for inflows from the investment are as follows:

$200 at 8% in the 4th year, present value factor of lumpsum amount is 0.7350 which is $147 (0.735 × 200)

$300 at 8% in the 5th year, present value factor of lumpsum amount is 0.6806 which is $204.18 (0.6806 × 300)

$500 at 8% in the 6th year, present value factor of lumpsum amount is 0.6302 which is $315.10 (0.6302 × 500)

Total present value of investment is $923.90 (257.71 + 147 + 204.18 + 315.10)

Present value of inflows are calculated. Calculate future value of these amounts.

future value factor @8%, 6 years is 1.5869.

Future value of first inflow is $408.96 (257.71 × 1.5869)

Future value of second inflow is $233.27 (147× 1.5869)

Future value of third inflow is $324.01 (204.18 × 1.5869)

Fourth Inflow in the sixth year is $500

Total present value of investment is $1,466.24 (408.96 + 233.27 + 324.01 + 500)

8 0
2 years ago
What is your net cash flow if you had a total income last month of $2,900, but your expenses totaled $3,275, $375 of which was
il63 [147K]

The net cash flow would be given as $375

<h3>How to solve for the net cash flow</h3>

Your net cash flow would be

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<h3>What is meant by net cash flow?</h3>

This is the term that is used to refer to the total cash inflow that a business would have minus the cash outflow that they have.

The inflow of cash in the business is given to be 3275 while the outflow of cash is given as 2900

Read more on net cash flow here: brainly.com/question/25716101

#SPJ1

8 0
1 year ago
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