What are the little crowns for?

Variable production costs Plastic for casing $ 171,500 Wages of assembly workers 490,000 Drum stands 215,600 Variable selling co

Leviafan [203]

Answer:

Part 1.

Contribution margin income statement for the year.

Sales (4,900 x 340) 1,666,000

Less Variable Costs

Plastic for casing 171,500

Wages of assembly workers 490,000

Drum stands 215,600

Sales commissions 161,700 (1,038,800)

Contribution 627,200

Less Fixed Costs

Taxes on factory 6,000

Factory maintenance 12,000

Factory machinery depreciation 72,000

Lease of equipment for sales staff 12,000

Accounting staff salaries 62,000

Administrative management salaries 142,000 (306,000)

Net Income 321,200

Part 2.

Contribution margin per unit = $627,200 / 4,900 = $128.00

Contribution margin ratio = $627,200/ $1,666,000 = 37.65 %

Explanation:

The Contribution Margin Income Statement calculates separately the contribution and net income as shown above.

4 0

3 years ago

Oliver needs to purchase new equipment for his team in order to complete his

noname [10]

Answer:

The correct answer is C

Explanation:

Constraint is the term which is defined as something which will controls or limits the person or an individual what the person can do. Their decision depends or grounded on the constraint.

In this case,Oliver wants to buy the new equipment in order to complete the project. The budget is depend or grounded on the grant awarded by the company. So, it is an example of a constraint project.

5 0

3 years ago

Current operating income for Bay Area Cycles Co. is $34,000. Selling price per unit is $100, the contribution margin ratio is 25

leonid [27]

Answer:

break even point in unit =5440 units

break even point in sales = $544000

total sale = $680000

Explanation:

given data

Current operating income = $34,000

Selling price = $100

margin ratio = 25%

to find out

Bay Area Cycle’s break even point in units and total sales dollars

solution

we get here first break even point that is express as

break even point in unit = $\frac{fixed\ cost}{contribution\ per\ unit}$ ..................1

break even point in unit = $\frac{136000}{100*0.25}$

break even point in unit =5440 units

so

break even point in sales = $\frac{fixed\ cost}{margin\ ratio}$ ..................2

break even point in sales = $\frac{136000}{0.25}$

break even point in sales = $544000

and

total sales will be

total sale = $\frac{operating\ income+ fixed\ expense}{margin\ ratio}$ ..................3

total sale = $\frac{34000+136000}{0.25}$

total sale = $680000

3 0

3 years ago

Assume that workers and businesses are sensitized to inflation and are quick to raise wages and prices in response to changes in

Anuta_ua [19.1K]

Answer:

A) high; quick

Explanation:

The information in the sentence above provides that the businesses and that the workers are sensitive to the change in any kind of money supply or inflation.

This means both very quickly respond to anything like that and will change accordingly.

Therefore, the inflation rate when is high, then the companies and workers are really quick to create any policy.

3 0

3 years ago

Three good indicators of just how well a company's present strategy is working are

pav-90 [236]

Three good indicators of just how well a company's present strategy is working are:
1.Whether the company is acquiring new customers at an attractive rate as well as retaining existing customers
2.Whether the company is achieving its financial and strategic objectives and whether it is an above-average industry performer.
3.Whether the firm’s image and reputation with its customers are growing stronger orweake

5 0

3 years ago