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My name is Ann [436]
3 years ago
14

For a multi-product company with a limited resource, company-wide net income will be maximized if A : fixed costs equal the doll

ar amount of sales. B : production capacity is prioritized to the product with the highest contribution margin per unit of limited resource. C : total costs equals sales revenue. D : production capacity is prioritized to the product with the highest unit contribution margin.
Business
1 answer:
sesenic [268]3 years ago
6 0

Answer:

D : production capacity is prioritized to the product with the highest unit contribution margin.

Explanation:

The poduct with the highest unit contribution margin is key to calculate the Gross Profit Margin .

"Gross profit margin analyzes the relationship between gross sales revenue and the direct costs of sales. This comparison forms the first section of the income statement. Companies will have varying types of direct costs depending on their business. Companies that are involved in the production and manufacturing of goods will use the cost of goods sold measure while service companies may have a more generalized notation.

Overall, the gross profit margin seeks to identify how efficiently a company is producing its product. The calculation for gross profit margin is gross profit divided by total revenue. In general, it is better to have a higher gross profit margin number as it represents the total gross profit per dollar of revenue. "

Reference: Beers, Brian. “Gross, Operating, and Net Profit Margin: What's the Difference?” Investopedia, Investopedia, 14 Sept. 2019

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On January 1, 2012, Gucci Brothers Inc. started the year with a $492,000 balance in Retained Earnings and a $605,000 balance in
dsp73

Answer:

option (C) $1,201,300

Explanation:

Data provided in the question:

Balance in retained earnings = $492,000

Balance in Common Stock = $605,000

Net income earned = $92,000

Dividend paid = $15,200

Common stocks issued = $27,500

Now,

Common Stock

= Balance in Common Stock + Common stocks issued

= $605,000 + $27,500

= $632,500

Retained Earnings

= Balance in retained earnings + Net income earned - Dividend paid

= $492,000 + $92,000 - $15,200

= $568,800

Total Stock Holders Equity on Dec 31,2012

= Common Stock + Retained Earnings

= $632,500 + $568,800

= $1,201,300

Hence,

The answer is option (C) $1,201,300

4 0
2 years ago
A provision stating that the insurer cannot dispute the validity of a policy after a specific period is called a(n) ______.
Mazyrski [523]

Incontestability clause - This tells us the insurance company may not contest the validity of the policy during the insured's lifetime for any reason, including fraud, if the policy has been in effect for a predetermined duration

What is incontestability clause?

An incontestability clause in a life insurance policy safeguards the policyholder and forbids the insurer from changing any aspect of the insurance coverage as a result of a misinterpretation or false statements made by the insured (the policyholder) after a certain amount of time. A life insurance policy's provider cannot revoke any statement after a specified period of time thanks to an incontestability provision. This provision is frequently regarded as offering policyholders the most robust defense.

Learn more about insurance here:

brainly.com/question/16267577

#SPJ4

8 0
1 year ago
7. Give me your pen, please<br>​
mash [69]
Okay no problem it cost 10 dollars tho
7 0
2 years ago
On April 1, Townsley Company sold merchandise with a selling price of $10,000 on account to Trout Company, with terms 3/10, n/30
mamaluj [8]

Answer and Explanation:

The journal entry is shown below:

Cash $8,730

Sales Discount ($9,000 × 3%) $270

       To Accounts receivable $9,000 ($10,000 - $1,000)

Here cash and sales discount is debited as it increased the assets and discount while on the other hand the account receivable should be credited as it reduced the assets  

3 0
2 years ago
Tuity Fruity Beverage​ Company's operating activities for the year are listed below. Purchases ​$140 comma 700 Operating expense
blsea [12.9K]

Answer:

The cost of goods sold for the​ year is $134,300

Explanation:

The cost of goods sold for the​ year = Beginning inventory + Merchandise Purchased - Ending inventory

Tuity Fruity Beverage​ Company's purchases ​$140 comma 700 and has beginning inventory 12 comma 600, ending inventory 19 comma 000.

Therefore:

The cost of goods sold for the​ year = $12,600 + $140,700 - $19,000 = $134,300

3 0
3 years ago
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