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NISA [10]
3 years ago
6

Lanning Company sells 160,000 units at $45 per unit. Variable costs are $27 per unit, and fixed costs are $975,000. Determine (a

) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio % b. Unit contribution margin $ per unit c. Income from operations
Business
1 answer:
tatyana61 [14]3 years ago
5 0

Answer:

a. Contribution margin ratio = Contribution per unit/selling price

                                              = $18/$$5

                                              = 0.4 = 40%

b.    Contribution per unit = Selling price - Variable cost per unit

                                       = $45 - $27

                                       = $18

c. Income from operations                         $

Total contribution ($18 x 160,000 units)  2,880,000

Less: Fixed cost                                            975,000

Income from operations                           1,905,000

Explanation:

Contribution margin ratio is the ratio of contribution per unit to selling price

Contribution per unit is the excess of selling price over variable cost per unit

Income from operation is the excess of total contribution over fixed cost

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nexus9112 [7]

Roads, schools, and

emergency services are funded by the government through the taxes.

Explanation:

Government collects taxes for the functioning of the government machineries. The reasons the taxes to be collected from the citizens of US are listed in the Article I, Section 8 of constitution of US. The three main types of taxation are as follows namely,

1. Progressive tax

2. Regressive tax

3. Proportional and flat tax.

Taxes are levied on the property, sales, income, dividends, imports, capital gains, payroll, gifts or estates. Eritrea and USA are the only countries that taxes non-residents on worldwide income as much as they tax the residents.

4 0
3 years ago
Suppose the cost per hour incurred in operating a cruise ship is 3a + bv3 dollars per hour, where a and b are positive constants
Airida [17]

Answer:

Suppose the cost per hour incurred in operating a cruise ship is 3a + b v^{2}dollars per hour, where a and b are positive constants and v is the ship's speed in miles per hour. At what speed (in miles per hour) should the ship be operated between two ports, at a distance D miles apart, to minimize the cost? (Hint: Minimize the cost, not the cost per hour.)

<em>The speed at which the ship would maximize cost is </em>\sqrt[3]{\frac{3a}{2b} }

Explanation:

The problem can be solved using differentiation to get the minimum value of the speed to travel between the two ports. Step by step calculation is contained in the attached images;

3 0
3 years ago
Kim is trying to decide whether she can afford a loan she needs in order to go to chiropractic school. Right now Kim is living a
IgorLugansk [536]

Answer:

Debt to income ratio is all your debt payments divided by all the money you earn during a month. Generally you are considered to be in good financial shape when your debt to income ratio is less than 20%, if it's less than 10% it is even better.

Kim's gross income = $1,230 - $165 (taxes) = $1,065

Kim's total debt payments without new debt = $134 (credit card payments)

Kim's total debt payments including new debt = $134 + $172 (new debt) = $306

Kim's debt to income ration without new debt = $134 / $1,065 = 12.58%

Kim's debt to income ration with new debt = $306 / $1,065 = 28.73%

Currently Kim's debt to income ratio is only 12.58% which is very good, but if she takes the new loan then her ratio will increase to 28.73% which is extremely high and not prudent.

3 0
3 years ago
Critically analyse the difference and the point of convergence between floor inspection and functional inspection
olasank [31]

Answer:

The overview of the give scenario is described in the explanation section below.

Explanation:

  • The distinction between Floor as well as Function Inspection was that these techniques are being used to eliminate and locate faulty materials until the identical happens in manufacturing. Quality is the key objective of both processes, where expectations are reviewed and evaluated to ensure that the operation is carried out correctly.
  • The differences between the parties would be that the system in the Floor Inspection needs to be checked the content in the process mostly on the machine rather than at the beginning of manufacture to ensure that every device or floor is functioning correctly. This would be to ensure that the industrial automation expenses will not go out and then go hand in hand as well as the fault could've been readily identified.
  • But from the other side, the Functional evaluation could have the primary purpose verified, which is something the brand is motivated to deliver. For example, an electric motor could've been verified if it has the correct performance and reliability. It doesn't inform us more about the difference throughout all sections, but somehow it provides everyone a wider understanding of both the happiness that comes from inspecting the very same item.

4 0
3 years ago
UESTION 7 You hold a portfolio consisting of a $5,000 investment in each of 20 different stocks. The portfolio beta is equal to
PSYCHO15rus [73]

Answer:

New Beta = 1,17

Explanation:

Portfolio   #   Beta   NEW Beta  

$ 5.000          1  1,00   2,00  

$ 5.000         2  1,12   1,12  

$ 5.000         3  1,12   1,12  

$ 5.000         4  1,12   1,12  

$ 5.000         5  1,12   1,12  

$ 5.000         6  1,12   1,12  

$ 5.000         7  1,12   1,12  

$ 5.000         8  1,12   1,12  

$ 5.000         9  1,12   1,12  

$ 5.000        10  1,12   1,12  

$ 5.000        11  1,12   1,12  

$ 5.000        12  1,12   1,12  

$ 5.000        13  1,12   1,12  

$ 5.000        14  1,12   1,12  

$ 5.000        15  1,12   1,12  

$ 5.000        16  1,12   1,12  

$ 5.000        17  1,12   1,12  

$ 5.000        18  1,12   1,12  

$ 5.000        19  1,12   1,12  

$ 5.000        20  1,24   1,24  

$ 100.000           1,12   1,17  

5 0
3 years ago
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