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AnnyKZ [126]
3 years ago
5

A leading beverage company sells its signature soft drink brand in vending machines for $0.99 per 12 oz. can. A vending machine

has monthly fixed costs of space rental, energy consumption, and capital depreciation of $135. Variable cost for a can of soda is $0.43.
Business
1 answer:
Kamila [148]3 years ago
7 0

Answer:

You didn´t post the complete information of the exercise, I searched the exercise online and tried to ask the most useful question.

Explanation:

  • Contribution per unit = Price - Variable cost = 0.99 - 0.43 = 0.56
  • Contribution per unit required=0.56 * (1+20%)=0.672
  • New selling price required=Contribution+Variable cost=0.672+0.42=$1.092

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Harbour Company makes two models of electronic tablets, the Home and the Work. Basic production information follows:
SashulF [63]

Answer:

Instructions are below.

Explanation:

a)

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 180,660/2,600

Predetermined manufacturing overhead rate= $69.49 per machine hour

<u>Now, we can allocate overhead to each product line:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Home= 69.49*1,200= $83,388

Work= 69.49*1,400= $97,286

<u>b) We need to determine the unitary cost for each product:</u>

Home:

Unitary cost= 38 + 23 + (83,388/620)= $195.50

Work:

Unitary cost= 72 + 40 + (97,286/490)= $310.54

<u>c) Gross margin= selling price - unitary cost</u>

Home:

Gross margin= 359 - 195.5= $163.4

Work:

Gross margin= 573 - 310.54= $262.46

6 0
3 years ago
​Coleman, Inc. provides the following data from its income statement for​ 2017:Net Sales​$500,000Cost of Goods Sold​(200,000)Gro
Illusion [34]

Answer: 60 %

Explanation: Gross profit refers to the amount of profit that a company has after deducting for making and selling charges.

Gross profit percentage or gross profit ratio refers to the ratio of gross profit and net sales. It is used to evaluate how much gross profit does a company makes from its sales. It is a good measure for evaluating liquidity.

This could be calculated as follows :-

gross\:profit\:ratio=\frac{gross\:profit}{net\:sales}

gross\:profit\:ratio=\frac{300,000}{500,000}

=60 %

3 0
3 years ago
FreeSpirit is a premium clothing brand. The brand's advertisements feature models of all age groups. In the given scenario, Free
RSB [31]

Answer:

<u>Surface-level diversity.</u>

Explanation:

The display of surface-level diversity corresponds to different characteristics that are easily observed and easy to measure. These may be attributes of age, physical ability, gender, ethnicity, and others.

They are also divided as: social category diversity, demographic diversity, bio-demographic diversity and others.

5 0
3 years ago
What term in strategic management theory related to managerial motive defines a manager's actions when those actions shape the f
navik [9.2K]

The correct answer to this open question is the following.

Although there are no options attached, we can answer the following.

The term in strategic management theory related to managerial motive defines a manager's actions when those actions shape the firm's strategies to serve the manager's interests rather than to maximize long-term shareholder value is: "Egotism."

Egotism is one of the terrible mistakes a manager can make in the corporation. When a manager is egotistic, he/she is first and foremost interested in his own benefits, and this is an action contrary to the mission, vision, and philosophy or the organization,

A good manager is always going to look for the very best of the group, the team members, instead of its personal gains. People will follow a manager -or better said- a leader whose main concern is the team, not the individual.

5 0
3 years ago
Once the information is complete and conclusions are made, then management can make more confident business decisions. This is p
Dovator [93]

The act of making the decision is the part of this step of market research that makes management more confident business decisions.

<h3>What is market research?</h3>

This refers to the activity of gathering market information about consumers' needs and preferences.

Some steps of a market research includes:

  • present the findings
  • make the decision
  • develop the research plan
  • collect the information

Read more about market research

<em>brainly.com/question/24906199</em>

#SPJ1

5 0
2 years ago
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