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
harkovskaia [24]
3 years ago
7

Contribution Margin Molly Company sells 37,000 units at $19 per unit. Variable costs are $11.59 per unit, and fixed costs are $1

09,700. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) % b. Unit contribution margin (Round to the nearest cent.) $ per unit c. Income from operations $
Business
1 answer:
yarga [219]3 years ago
5 0

Answer:

(a) Contribution margin ratio = 0.39, or 39%

(b) the unit contribution margin = $7.4 per unit

(c) income from operations = $164,470

Explanation:

Total revenue = 37,000 × $19 = $703,000

Total variable cost = 37,000 × $11.59 = $428,830

Margin = $703,000 - $428,830 = $274,170

(a) the contribution margin ratio

Contribution margin ratio = $274,170/$703,000 = 0.39, or 39%

(b) the unit contribution margin

Unit contribution margin =  $19 - $11.59 = $7.4 per unit

(c) income from operations

Income from operations = $274,170 - $109,700 = $164,470

You might be interested in
The term that best matches the description given.
Leto [7]

Answer:

I think Quantitative data

Explanation:

I'm sry if I'm wrong

4 0
2 years ago
Shocker Corporation's sales budget shows quarterly sales for the next year as follows: Unit sales Quarter 1 15,400 units Quarter
adelina 88 [10]

Answer:

Production for Q2 12,700 units

Explanation:

Q2

sales for the quarter 11,000 units

desired ending inventory

20% of Q3

20% of 19,500 =      3,900 units

Total requirement   14,900 units

Beginning inventory

20% of Q2 sales

20% of 11,000 =      (2,200) units

Production for Q2   12,700 units

We add the sales and the desired inventory as the production needs.

The beginning inventory is subtracted, those units is work done towards the goal, so we need to produce the differente, which is 12,700 units.

8 0
3 years ago
Cash paid to retire notes $ 112​ Common shares acquired for treasury 172​ Proceeds from issuance of preferred stock 254​ Proceed
arsen [322]

Answer:

$176 million

Explanation:

The calculation of net cash inflows from financing activities is shown below:-

Net cash inflows from financing activities

Proceeds from issuance of preferred stock $254 million

Proceeds from issuance of subordinated  bonds $292 million

Less: Cash dividends paid on preferred stock (86) million

Less: Cash paid to retire note ($112) million

Less: Common shares acquired for treasury (172) million

Net cash inflows from financing activities $176 million

The positive sign represents the cash inflow and the negative sign represents the cash outflow

6 0
3 years ago
__________ unemployment refers to loss of jobs due to a recession or a similar downturn in the economy.
Eva8 [605]

Answer:

Cyclical unemployment is the loss of jobs due to a recession or downturn in an economy.

Explanation:

Cyclical unemployment is a type of unemployment. It is also known as Keynesian or deficient-demand unemployment. This type of unemployment occurs when the overall demand in an economy is not enough to provide jobs to the people who want to work. Cyclical unemployment is observed during the periods of slow economic growth or recession.

4 0
3 years ago
50 pts!!! up for grabs!!!
astraxan [27]

Answer:

thx fpr the 50 bro and can i get brainliest i need one more

Explanation:

7 0
3 years ago
Other questions:
  • Kara wants to open a retailing outlet in her town. Her family has been in the business of selling hardware items before. She wan
    8·2 answers
  • As a financial analyst, you are tasked with evaluating a capital budgeting project. You were instructed to use the IRR method an
    13·1 answer
  • Alabama and Mississippi each have 9 units of labor. They can use their units of labor for the production of chickens and cotton.
    15·1 answer
  • Which of the following investments has a higher present value, assuming the same (strictly positive) interest rate applies to bo
    9·1 answer
  • In america today, what percentage of individuals between the ages of 14 and 17 are in school?
    15·1 answer
  • With an unrelated diversification strategy, the types of companies that make particularly attractive acquisition targets are:A.
    13·1 answer
  • A financial institution formed by a large organization for its members is a credit union.
    13·1 answer
  • Calculate percent change if the original value of your stock was $25 and the new value of your stock $30
    14·2 answers
  • Why does a surplus exist under a binding price floor?
    7·1 answer
  • Why do people call buildings buildings if they are already built.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!