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Liono4ka [1.6K]
4 years ago
5

Brees Inc., a company that produces and sells a single product, has provided its contribution format income statement for April.

Business
1 answer:
ch4aika [34]4 years ago
6 0

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Sales (6,200 units) $136,400

Variable expenses 80,600

<u>The total contribution margin is the difference between the sales revenue and the total variable costs. First, we need to determine the unitary selling price and unitary variable costs:</u>

Selling price= 136,400/6,200= $22

Unitary variable cost= 80,600/6,200= $13

Now, we can calculate the total contribution margin at 5,800 units:

Total contribution margin= 5,800*22 - 5,800*13= $52,200

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PA6.
inysia [295]

Answer:

(The data is missing so we cannot prepare the complete cash budget but lets see how it is prepared. The data given in the question has only been added in cash budget)

Cash Budget is prepared in same way as statement of cashflow. The detail cash budget format is given below.

                                             Poster Company

                                                 Cash budget

                                           1st and 2nd quarter

Cash from operations

Sales                                                                  xxxx

Purchase                                                           (xxxx)

Other expenses paid                                        (xxxx)

Net cash from operation                                   xxxx

Cash from Investment activities

Sale of Assets   (10,000+4,500)                    $ 14,500

Any investment made                                      (xxxxxx)

Net Cash from investing activities                  xxxxxx

Cash from Finance Activities

Financial Charges paid                                  ( xxxxxxx)

Dividednd paid                                              $ 4,500

Net Cash from Financing activities                xxxxxxxx

Net cash increase/ decrease                          xx/ (xx)

Opening balance                                             $60,359    

Cash balance at end                                          xxxxx

(xxx represents missing values)                                        

6 0
3 years ago
2. Are there any true communist economies today? Which economies call themselves communist, and
Oduvanchick [21]

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7 0
4 years ago
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7 0
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