1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aniked [119]
3 years ago
8

Laner Company has the following data for the production and sale of 2,000 units. Sales price per unit $800 per unit Fixed costs:

Marketing and administrative $400,000 per period Manufacturing overhead $200,000 per period Variable costs: Marketing and administrative $ 50 per unit Manufacturing overhead $ 80 per unit Direct labor $ 100 per unit Direct materials $ 200 per unit What is the contribution margin per unit?
Business
1 answer:
Evgesh-ka [11]3 years ago
6 0

Answer:

The contribution margin per unit is $370

Explanation:

Contribution margin per unit is the amount that each additional unit sold contributes towards a company’s fixed costs and profit and calculated by following formula:

Contribution Margin per Unit = Sales Price – Variable Cost per Unit

Variable Cost per Unit  = Marketing and administrative cost per unit + Manufacturing overhead cost per unit + Direct labor cost per unit + Direct materials cost per unit = $50 + $80 + $100 + $200 = $430

Contribution Margin per Unit = $800 - $430 = $370

You might be interested in
Toys-r-us is almost finished building a new store and will soon be having a grand opening celebration. management wants to build
drek231 [11]

Toys r us, the toy shop has always stood out in its advertising campaigns, using all conventional social networks, and paying to do the most original ads, spaces like Instagram, Twitter and Facebook are some of the social networking they would be using to show their potential customers the progress of the new store, but that does not end there, they will also invest big amounts of money in screens "Etch a Sketch" in bus stops, and vans promoting their new opening and inviting everyone to the big event.  
3 0
3 years ago
On december 31, 2015, cool wear inc. had balances in accounts receivable and allowance for uncollectible accounts of $41,000 and
Wewaii [24]

$6,000.00 - ($2,050.00 - $750.00) =

$6,000.00 - $1,300.00 = $4,700.00

Bad debt expense for 2019 would be: $4,700.00

6 0
3 years ago
It will gain you more knowledge, intensify your soft skills ethics and grow your network
Paha777 [63]
Awareness.

If you can manage a key component of Emotional Intelligence: Active Listening, you’ll start to learn more because people will trust you, you’ll get better with people and meet more, and you’ll start to see success in work and in life.

Combine your ability to actively listen (to hear and understand what people are saying and demonstrate it) with:

Charisma, grativas, animus
Trustworthyness, authenticity, compassion
Empathy, intelligence and understanding
And you’ll get all those things you asked about because you’ll start to realise it isn’t about you: it’s about everyone else.
5 0
3 years ago
Read 2 more answers
Compare the yield to maturity and the current yield. How do you explain this​ relationship?  ​(Select the best​ response.)A.If a
mamaluj [8]

Answer:

A - If a bond sells at a​ discount, the yield to maturity is greater than the current yield

Explanation:

Yield to maturity is the expected return if the bond is held till maturity. Current yiled is the return if the bond is sold today. There is an evident relationship between yield to maturity (TYM) and the current yield.  

“When a bond's market price is above par, which is known as a premium bond, its current yield and YTM are lower than its coupon rate. Conversely, when a bond sells for less than par, which is known as a discount bond, its current yield and YTM are higher than the coupon rate. Only on occasions when a bond sells for its exact par value are all three rates identical” (Bloomenthal, 2020).

According to the above statements, options C, B and D are eliminated. This leaves option A (If a bond sells at a discount, the yield to maturity is greater than the current yield) as the correct answer. This is true because YTM is calculated on purchase price rather than par value, if the purchase price is less than par value, the YTM will be greater than the current yield.  

7 0
3 years ago
Anna is choosing a bank and a checking account. She would be well-advised to consider her personal needs and values in the analy
zubka84 [21]

It is TRUE that Anna would be well-advised to consider her personal needs and values in the analysis, not only the bank’s features when she’s choosing a bank and a checking account.

 

Opening a checking account might seem like a simple task. You just walk into a bank near your home or office, fill out an application, hand over a deposit and you're all set, right?


Not quite.


<span>While it is often that easy to open an account, it's not always that easy to choose a checking account. That's because banks, credit unions and other financial companies offer a wide range of checking accounts with different features and fees. Unless your banking needs are unusually basic, you should do some research and shop around for an account that's right for you.</span>

 

I am hoping that this answer has satisfied your query and it will be able to help you in your endeavor, and if you would like, feel free to ask another question.

5 0
3 years ago
Read 2 more answers
Other questions:
  • The comparative balance sheet of ConnieJo Company, for December 31, Years 1 and 2 ended December 31 appears below in condensed f
    11·1 answer
  • Diane initially deposited $12,500 into a money market account and made no additional deposits or withdrawals. When she closed th
    13·2 answers
  • A certain firm produces and sells staplers. Last year, it produced 7,000 staplers and sold each stapler for $6. In producing the
    13·1 answer
  • A company pays its employees $4,000 each Friday, which amounts to $800 per day for the five-day workweek that begins on Monday.
    9·1 answer
  • 10. You are offered an annuity that will pay you $200,000 once every year, at the end of each year, for 25 years (i.e. the first
    14·1 answer
  • Strassel Investors buys real estate, develops it, and resells it for a profit. A new property is available, and Bud Strassel, th
    11·1 answer
  • Using a neoclassical model, what will the level of cyclical unemployment be when an economy is producing at potential GDP?
    13·1 answer
  • Which type of manager would most likely be responsible for researching customers’ purchasing habits?
    6·2 answers
  • Which of the following would not be characteristic of a chain restaurant?
    10·2 answers
  • In a(n) __________ marketing channel, several independent members each attempt to satisfy their own objectives and maximize thei
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!