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irinina [24]
3 years ago
11

Smarty Pants Company sells two products, green camouflage pants and orange camouflage pants. Smarty Pants predicts that it will

sell 900 pairs of green pants and 1800 pairs of orange pants in the next period. The unit contribution margins for green pants and orange pants are $8.25 and $9.00, respectively. What is the weighted average unit contribution margin
Business
1 answer:
velikii [3]3 years ago
8 0

Answer:

$8.75

Explanation:

Data provided

Green pants = 900 pair

orange pants = 1,800 pair

Units Green pants = $8.25

Units orange pants = $9.00

The computation of weighted average contribution margin is shown below:-

Total of Pair = 900 + 1,800

= 2,700

Weighted average contribution margin =  Unit Contribution × Sales mix

($8.25 × 900 ÷ 2,700) + ($9.00 ×  1,800 ÷ 2,700)

= $2.75 + $6

= $8.75

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In a planned economy, prices of commodities are controlled by _________.
AnnZ [28]
<h3>Answer:</h3>

C. The government

<h3>Explanation:</h3>

Vocabulary

First, it is important to define the key terms in the question and answers.

  • Planned Economy- A planned economy is an economy where the investments and capital are allocated by the government.
  • Commodities - Commodities are economic goods that have real value due to their real-life usefulness (like lumber) or rarity (like gold).

How Planned Economies Work

As its name suggests, a planned economy plans the economy out and the price of goods within the markets. These plans are created by the government. This means that private businesses, consumers, and supply/demand do not control prices. Only the government can do that because the government has full control of planned economies. This is the reason that planned economies are also called command economies because the economy is commanded by the government.

5 0
2 years ago
Economic systems must answer the three economic questions because resources are scarce.
liq [111]
The answer is false because they dont have to answer anything.

7 0
4 years ago
How do you plan to use financial statements in your projected financial statement analysis? Provide rationale for your approach.
kotykmax [81]

Answer:

The financial statement provides the "raw materials" with which the financial performance of an organisation may be analysed.

The financials ratios not only monitor financial performance, but it also speaks to the quality of performance and serves as a basis to compare one period against the other.

The cashflows help to create a picture of the project's liquidity in each of the forecasted periods.

The Income statement helps to gauge the quality of the earnings per period and the balance sheet shows the economic position of the firm at the time under observation.

Cheers!

6 0
3 years ago
What is the total federal income tax withholding reported on the Matthews’ Form 1040?
krek1111 [17]

Answer:

correct answer is d . $6,778

Explanation:

we get here total federal income tax that will be

as we know that

federal income tax withholding barbara  = $2784

federal income tax withholding mark =$2253

form SSA 1099          =  $1721

and form 1099 interest income = $20

we get total federal income tax that is sum of all four

total federal income tax = $2784 + $2253 + $1721 + $20  

total federal income tax =  $6,778

so correct answer is d . $6,778

4 0
3 years ago
Training new personnel who just started working at the office fits under which administrative
Scilla [17]

Answer:

personnel management.

Explanation:

Training new personnel who just started working at the office fits under personnel management.

Personnel management can be defined as an administrative task or function which primarily involves the process of hiring employees and developing or training them to become beneficial and valuable for the growth and development of the company.

Hence, the main purpose and focus of personnel management is to provide a quality workforce necessary to successfully achieve the organizational set goals and objectives.

5 0
3 years ago
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