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Mumz [18]
3 years ago
12

Concord Corporation sells two types of computer hard drives. The sales mix is 30% (Q-Drive) and 70% (Q-Drive Plus). Q-Drive has

variable costs per unit of $30 and a selling price of $90. Q-Drive Plus has variable costs per unit of $60 and a selling price of $135. The weighted-average unit contribution margin for Concord is
Business
1 answer:
Drupady [299]3 years ago
7 0

Answer:

The weighted-average unit contribution margin for Concord is $70.50

Explanation:

For computing the weighted-average unit contribution margin , first we have to compute the contribution margin which is shown below:

Contribution margin per unit = Selling price per unit - Variable expense per unit  

For Q- drive, it will be

= $90 - $30

= $60 per unit

And, for Q-drive plus,

= $135 - $60

= $75 per unit

Now the weighted-average unit contribution margin equal to

= Weighted sales mix × contribution margin + Weighted sales mix × contribution margin

= 30% ×$60 + 70% × $75

= $18 + $52.50

=$70.50 per unit

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I believe the answer is Time management
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On June 1, 2018, Blue Co. distributed to its common stockholders 180,000 outstanding common shares of its investment in Red, Inc
faltersainse [42]

Answer:

Blue Co. Shall report $396,000 as gain before income taxes on disposal of the stock.

Explanation:

Book value per share of Red Inc = $1.20 per share

As the value of share is revised just after the declaration but before distribution there will be gain on sale of investment.

Net gain = Sale price - Book value

= $3.40 - $1.20 per share = $2.2 per share

Total gain for the year end on June 30 will be

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Thus Blue Co. Shall report $396,000 as gain before income taxes on disposal of the stock.

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3 years ago
Your soccer team remains undefeated and is preparing for the state playoffs. You happen to know and can prove that several playe
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3 years ago
To prepare for a trial between SmartPhones, Inc., and TechApps Company, TechApps' attorney places SmartPhones' chief executive o
katrin [286]

Answer:

A deposition

Explanation:

Deposition is the term under the law of the US (United States), which is defined as it involve the taking of sworn, oral testimony in the out of court, to witness that it might reduce to a transcript which is written for the later use in the court or for the motive or the purpose of the discovery.

Therefore, a deposition is required to prepare for the trial among the companies so that the court official make a record of the questions of the attorney and the answers of the CEO.

5 0
3 years ago
Mustang Corporation had 100,000 shares of $2 par value common stock outstanding. On December 31, 2018, the company's board of di
Kaylis [27]

Answer:

Dr Retained Earnings 500,000

Cr Com. Stock Dividend Distributable 100,000

Cr Add’l Paid – in Capital, Com. Stock 400,,000

Explanation:

Preparation of the journal entry

Dec. 31

Dr Retained Earnings 500,000

[(100,000 x (50/100)* 10 market price]

Cr Com. Stock Dividend Distributable 100,000

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Cr Add’l Paid – in Capital, Com. Stock 400,,000

(500,000 – 100,000 )

6 0
3 years ago
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