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Degger [83]
3 years ago
9

Consider the following per unit data for Jennifer Company, a seller of tables and chairs: What is the weighted-average unit cont

ribution margin for Jennifer Company?

Business
1 answer:
lisabon 2012 [21]3 years ago
5 0

Answer:

$28 per unit

Explanation:

since the information is missing, I looked for similar questions:

contribution margin per chair = $50 - $35 = $15

contribution margin per table = $200 - $120 = $80

sales mix: 4 chairs + 1 table

contribution margin per sales mix = (4 x $15) + $80 = $140

weighted average contribution margin = $140 / 5 = $28

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Suppose the mean income of firms in the industry for a year is 75 million dollars with a standard deviation of 17 million dollar
Readme [11.4K]

Answer and Explanation:

Given:

μ = 75 million

SD = 17 million

Probability (x) raw data = 110 million

Computation:

= Probability (x) < 110 million

= Probability [(x-μ) / SD] < [(110 - 75) / 17]

[(x-μ) / SD] = Z

= Probability [z] < [(35) / 17]

= Probability [z] < [2.05882353]

Using z calculator:

P-value from Z-Table:  

Z score = 0.98024

Therefore, probability is 0.98024

4 0
3 years ago
Consider luxury weekend hotel packages in las vegas. When the price is $250, the quantity demanded is 2,000 packages per week. W
Aleonysh [2.5K]

Answer: Elasticity of luxury weekend hotel packages in las vegas is -1.432.

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to a change in the price of the good.

Mid point method-

e=\frac{Q2-Q1}{\frac{Q1+Q2}{2} } * \frac{\frac{P1+P2}{2} }{P2-P1}e=\frac{1700-2000}{\frac{2000+1700}{2} } * \frac{\frac{280+250}{2} }{280-250}

e=\frac{-300}{1850} } * \frac{265}{30}

e= -0.16216*8.8333

e= -1.432

Elasticity of luxury weekend hotel packages in las vegas is -1.432.



5 0
2 years ago
5. Which of the following is not true regarding proprietary funds? A) Enterprise funds are used by governments to account for se
Tanzania [10]

Answer:

The correct answer is D) The operation of internal service funds has no impact on other funds because it is run as a business and provides services that would have been purchased elsewhere by the other funds.

Explanation:

This is false because the operation of these funds represent a direct impact on other funds in the portfolio because they are related within the same business scheme and therefore transfer transactions (purchase and sale) of services corresponding to other portfolios or funds with guarantees and expectations of growth in the short term.

6 0
3 years ago
Governmental regulations such as the​ ________ Act mandate archiving business documents and relevant internal​ communication, in
Leto [7]

Answer:

B. Sarbanes-Oxley

Explanation:

The Sarbanes-oxley act also know as Public company accounting reform and investor protection Act and Corporate and Auditing Accountability, Responsibility, and Transparency Act is a US Federal law that cracks down on corporate fraud. The act gave protection to whistleblowers and strengthened the independence and financial literacy of corporate boards.

The Act mandates archiving business documents and relevant internal​ communication, including​ e-mail and instant messages to guard against destruction of evidence to impede a federal investigation.

3 0
3 years ago
Read 2 more answers
What is your proudest accomplishment and why
xeze [42]

Answer: Loving and accpeting myself for who I am

Explanation:

We live in a world where is hard to fill like you are accepted or up to society's "standards" overtime I have come to love who i am and appreicate myself its taken alot of effort and trust in myself which is why i feel its my proudest accomplishment! :))

6 0
3 years ago
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