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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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7nadin3 [17]

The correct answer to this open question is the following.

Although you forgot to include the proper context of the question or further references, we can comment on the following.

Alden found out about Revinate by searching on the web trying to find the best software options that could help the company to identify the customer's reviews so Gregory E. Alden could make the best decisions for his company.

Gregory E. Alden is the manager of the company Woodside Hotels, located in Northern California. He was trying to monitor the comments of his high-class clients because Woodside Hotels is in the luxurious hotel business. So knowing that constantly monitoring client's comments on social media pages such as TripAdvisor or Yelp can be an arduous and difficult task, Gregory searched for the best software company to monitor client's comments on social media. That is how he found Revinate, a company that helps managers to track reviews so they can make the best business decisions once they have learned what their customers desire. And that is exactly what I would do to choose the kind of company to know about the preferences of my customers.

7 0
3 years ago
2. The La Salle Bus Company has decided to purchase a new bus for $95,000 with a trade-in of their old bus. The old bus has a BV
Lera25 [3.4K]

Answer:

a.

9 recovery period years class

b.

$8,889 per year

Explanation:

a.

Buses are 9 years recovery period class , in which it is depreciated using historical method and it has 5 years GDS class life.

b.

Straight Line depreciation is a method of depreciation in which the cost of the asset net of residual value is divided over useful life.

We will depreciate this asset for only 9 years because it has 9 years class, even it will be kept for 10 years but the depreciation charged for 9 years.

Depreciation rate = ( Cost - Salvage Value ) / useful life = ($95,000 - $15,000) / 9 = $8,889

Depreciation charged in 2018 = $19,500

5 0
3 years ago
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k0ka [10]

Answer:Skysong journal $

Date

December 2020

Raw material Dr 984,100

Loss on raw material 48,000

Supplier Cr 1,032,100

Narration. recognition of raw materials purchased at agreed value.

2021

Supplier Dr. 1,032,100

Bank Cr. 1,032,100

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Explanation:

The raw materials needs to be paid for at the agreed value not withstand ing the fall in value. However stock are to be recognized at cost or net realisable value which ever is less and since the market value of the stock has dropped this has to be recognized as a loss in the income statement to avoid the stock been over value.

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3 years ago
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dsp73

Answer:

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Explanation:

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If the factory overhead is underapplied, then the adjusting journal entry to close the factory overhead account includes a: (Che
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Answer:

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What happens to the factory overhead journal in this case is that the we should have an adjusting journal entry.

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