Answer:
$396
Explanation:
Calculation for the contribution margin per unit sold for recurring sales
Using this formula
Contribution margin per unit = Normal Selling price per unit - (Direct material +Direct labor+Variable factory overhead)-Variable selling & administrative costs
Let plug in the formula
Contribution margin per unit = $750 - ($120+ $150 + $60) - $24
Contribution margin per unit = $750 - $330 - $24
Contribution margin per unit= $396
Therefore the contribution margin per unit sold for recurring sales will be $396
Answer:
b
Explanation:
when firms enter into an industry, there are more firms competing for customers. This would shift the demand curve to the right as supply increases. An increase in supply would lead to a reduction in price.
If firms leave the industry, there would be a reduction in supply and price would increase
Answer:
controllable margin = $100,000
Explanation:
given data
Income tax expense = $62000
Contribution margin = 180000
fixed costs = 80000
Interest expense = 68000
Total operating assets = 40000
to find out
How much is controllable margin
solution
we get here controllable margin that is express as
controllable margin = contribution - controllable fixed cost ....................1
put here value we get
controllable margin = 180000 - 80000
controllable margin = $100,000
Answer:
The answer is C.
Explanation:
Current ratio shows the liquidity of of a company. This ratio tells us how a company or business is able to meet its short obligation.
This ration is very important to lenders because they use it to know of you will be able to meet the interest payment and principal
The formula for current ratio is:
Current assets/current liabilities
Total current assets is $493,000, Total current liabilities is $357,000
= $493,000/$357,000
=1.38
Answer:
d. both countries, as whole, will be better off.
Explanation:
When countries leverage on their comparative advantages, they will be better off. In this instance as US has comparative advantage in producing airplanes, it will be more cost effective for them to produce and export to Japan.
So also Japan will find it cheaper to produce televisions and export to the US. Both contries reduce cost by producing goods they have comparative advantage in.
