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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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A price floor is the mining price that can be charged for an item. A binding price floor is a price set above market average pricing. Since the government regulates this and will not let them sell below the average market price, the price is set in stone for the products price in the market. 
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2 years ago
Jensen Company has a contribution margin ratio of 45%. This means that its variable costs are 55% of sales. True False
Sergeeva-Olga [200]

Answer:

Jensen company has a contribution margin ratio of 45%. This means that its variable costs are 55% of sales.

This statement is true

Explanation:

Contribution margin ratio is the ratio of contribution to sales. Since the contribution margin ratio is 45%, it implies that variable costs are 55% of sales.

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3 years ago
Day 2: Whoever says the craziest comment you can have (brainlyest) and you get free points :) good luck
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2 years ago
Read 2 more answers
In 2010 the United States posted a current account deficit of -$471 billion. The bulk of the negative value came from: A. a good
Brut [27]

Answer:

A. a goods trade deficit

Explanation:

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the net income (person receiving interest, rent or wages from aboard less person and companies paying foreingers) and

the direct payment. ( remittances from wroker to US)

As the US is one of the most open-economies in the world the mayority of this deficit comes from import of good and services from aboard.

Another factor, is that US company invest around the world thus, the net income should be positive.

And becuase the US economy is strong as opposite of Mexico or other Latin America countries, the average US employee abroard will not send their wages to support his family.

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6 0
3 years ago
Assuming that total dividends declared in 2017 were $64,000, and that the preferred stock is not cumulative but is fully partici
myrzilka [38]

Answer:

$40,235

Explanation:

Dividend distributed to preferred share is based on the predetermined rate associated with these share. When the dividend is declared preferred share dividend is paid first. The remainder is distributed between the common stockholders.

Dividend Declared = $64,000  

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Participation

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Total Shares = 12,000 + 5,000 = 17,000 shares

on Pro-rata basis

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Dividend to common stock holders = $64,000 - $7,000 - $16,765 = $40,235

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2 years ago
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