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3 years ago

Suppose that Larimer Company sells a product for $24. Unit costs are as follows:

Business

1 answer:

yanalaym [24]3 years ago

3 0

Answer:

Variable cost per unit=$10.08

Contribution per unit=$13.92

Contribution margin ratio=58%

Variable cost ratio= 42%

c) Break-even units=3,000 units

Explanation:

Variable cost per unit

= 4.98 + 2.10 + 1.00 + 2.00 = $10.08

Variable cost per unit=$10.08

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

= 24 - 10.08 =13.92

Contribution per unit=$13.92

Contribution margin ratio= contribution/selling price= 13.92/24 × 100=58%

Contribution margin ratio=58%

Variable cost ratio = variable cost/selling price= 10.08 /24× 100 = 42%

Variable cost ratio=42%

Break-even units = Total general fixed cost/contribution per unit

= (26,500 + 15,260)/ 13.92 = 3000 units

Break-even units=3,000 units

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Answer: Alano's taxable income increases by $300,000.

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3 years ago

Journalise the followung transactions.

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Answer:

Explanation:

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3 years ago

Why is good judgement important in making decisions when budgeting

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Good judgement is important in making decisions when budgeting because they can allow one to predict fairly accurately what the costs will be of a particular project based on one's own experience and of the current prices of supplies and say drilling charge rates and also with an adequate allowance for contingency.

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3 years ago

Read 2 more answers

When outcomes are uncertain, managers need to Group of answer choices describe the risks involved. evaluate the risks involved.

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Answer:

all of the above

Explanation:

When outcomes are uncertain, a manger must recognise and describe the risks involved. After identifying the risks, the risks must be evaluated to determine the extent of the risk and how the risk would affect the business. After the risks have been evaluated, the risk should be managed. For example, by taking insurance.

For example, if a manager wants to purchase a machine,

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2 years ago

Consider the following five scenarios related to wage inequality. Please label each with the correct source of the identified wa

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Answer and Explanation:

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3.Compensating differentials: Rosalie works harder than Henry and so earns more than him

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5.Talent/ability:Bernice has a natural talent and ability

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3 years ago