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qwelly [4]
3 years ago
9

Precise Machinery is analyzing a proposed project that is expected to sell 1,450 units, ±3 percent. The expected variable cost p

er unit is $139 and the expected fixed costs are $123,000. Cost estimates are considered accurate within a ±2 percent range. The depreciation expense is $39,000. The sales price is estimated at $349 per unit, ±1 percent. What is the contribution margin per unit under the best-case scenario?
Business
1 answer:
Mandarinka [93]3 years ago
3 0

Answer:

$221.86

Explanation:

The computation of the contribution margin per unit is shown below:

Given that

Sale price per unit= $349

Variable cost per unit = $139

And we know that

Contribution margin per unit = Sale price - variable cost

where,

Sale price is

= $349 × 1.03

= $359.47

And,

Variable cost is

= $139 × $0.99

= $137.61

So, the contribution margin is

= $359.47 - $137.61

= $221.86

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hich of the following is NOT one of the six questions that comprise the task of evaluating a company's resources and competitive
Vadim26 [7]

Answer:

The correct answer is "What are the company's most profitable geographic market segments?"

Explanation:

In order to research on the companys' resource and competitive position, a researcher does not need to ask questions related to the geographic market segments.

Geographic market segments refer to the geographical spread of the market of a company.

I hope the answer is helpful.

Thanks for asking.

4 0
3 years ago
Tax return preparers may generally rely on a client's representations without verification unless:
Valentin [98]

Answer:

Tax return preparers may generally rely on a client's representations without verification unless the information seems incorrect, inconsistent, or incomplete, Option A.

Explanation:

A  "tax return preparer" usually relies in good faith without verification upon information furnished by a taxpayer or another advisor or third party. But he has the authority to make inquires in case he feels the information given is incomplete or inconsistent. Also, some of the provisions also require few circumstances or facts to be claimed before deduction is made. So, A tax return preparer should make relevant inquiries to decide if the information given is correct as required by an "Internal Revenue Code" section or a regulation to claim either a deduction or a credit.

4 0
3 years ago
Wiley company purchased new equipment for $60,000. wiley paid cash for the equipment. other costs associated with the equipment
Colt1911 [192]
The total cost of equipment that should be recorded is calculated by adding up all the given values in this item. The costs include equipment cost, transportation cost, tax, and installation cost. Adding up all the values,

     TC = ($60,000) + ($1,000) + ($3,000) + ($2,500)
               TC = $66,500

ANSWER: TC = $66,500
6 0
3 years ago
In 2-3 sentences, describe three aspects of a free market economy.
kkurt [141]

The three primary aspects of a free market could include private ownership of everything for sale, free-floating forces of supply and demand, and a man secretly in charge of everything. <span>A free market economy is a type of economic system whereby supply and demand, with a minimum of involvement on the part of a government drive the forward movement of the economy.</span>

8 0
3 years ago
Read 2 more answers
The following information is available regarding John Smith's capital account in Technology Consulting Group, a general partners
bekas [8.4K]

Answer:

32.35%

Explanation:

Calculation for What is Smith's partner return on equity during the year in question

First step is to calculate the Ending partner equity

Ending partner equity = $32,000 + $11,000 - $7,000

Ending partner equity = $36,000

Now let calculate the partner return on equity

Partner return on equity= $11,000 / (($32,000 + $36,000)/2)

Partner return on equity= $11,000/($68,000/2)

Partner return on equity= $11,000/$34,000

Partner return on equity= 32.35%

Therefore Smith's partner return on equity during the year in question will be 32.35%

7 0
3 years ago
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