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liubo4ka [24]
3 years ago
9

​Peeler's Smoothie Company has provided the following​ information: Sales price per unit $ 6.50 Variable cost per unit $ 2.00 Fi

xed costs per month $ 1 comma 000 Calculate the contribution margin ratio.​ (Round your answer to two decimal​ places.)
Business
1 answer:
ra1l [238]3 years ago
3 0

Answer:

Contribution margin ratio = 69.23%

Explanation:

We know,

Contribution margin ratio = (Contribution Margin per unit ÷ Sales per unit) × 100

Again, we know, Contribution margin per unit = Sales per unit - Variable cost per unit

Given,

Sales price per unit = $6.50

Variable cost per unit = $2.00

Therefore, Contribution margin per unit = $6.50 - $2.00 = $4.50

Putting the values into the above formula, we can get,

Contribution margin ratio = ($4.50 ÷ $6.50) × 100 = 69.23% (Rounded to two decimal places)

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Answer:

The correct answer is letter "B": Interpersonal skills are important throughout a manager's career, at every level of management.

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3 years ago
____ is the process of designing a product for efficient production at the highest level of quality.group of answer choices
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<h3>Design for Manufacturing, or DFM, is what?</h3>

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6 0
2 years ago
Rimble Graphic Design receives $2,750 from a client billed in a previous month for services provided. Which of the following gen
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Answer:

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Explanation:

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4 years ago
The cost of using/borrowing money is reflected in the
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3 years ago
Southern Tours is considering acquiring Holiday Vacations. Management believes Holiday Vacations can generate cash flows of $218
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Answer:

$519,799.59

Explanation:  

Discount rate = R = 14.50%

Year    Cash flows     Discount factor     PV of cash flows

1            218,000.00          0.873362            190,393.0131  

2           224,000.00          0.762762           170,858.6793

3           238,000.00          0.666168            <u>158,547.9011</u>

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<u />

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