1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Umnica [9.8K]
3 years ago
8

Orchid Corp. has a selling price of $15, variable costs of $12 per unit, and fixed costs of $27,000. If Orchid sells 11,500 unit

s, contribution margin will equal:
Business
1 answer:
Helga [31]3 years ago
6 0

Answer:

Total contribution margin= $34,500

Explanation:

Giving the following information:

Selling price= 15

Unitary variable cost= 12

<u>First, we need to calculate the unitary contribution margin:</u>

Unitary contribution margin= selling price - unitary variable cost

Unitary contribution margin= 15 - 12 = 3

<u>Now, the total contribution margin for 11,500 units:</u>

Total contribution margin= 3*11,500= $34,500

You might be interested in
Indicate whether the above items should be disclosed (A) in the summary of significant accounting policies note, (B) in a separa
Drupady [299]

Answer:

(A) in the summary of significant accounting policies.

Explanation:

It has the company's financial statements and also describes the key policies that are being followed by the accounting department. This policy summary is mandated by the accounting framework like IFRS or GAAP.

6 0
3 years ago
Recently, the only type of car available for Anthony to rent on a business trip was a compact, fuel-efficient Japanese import. A
jok3333 [9.3K]

Answer:

The correct answer is (a)

Explanation:

After experiencing the comfort of a Japanese car, Anthony has decided cost-saving, by buying a Japanese car other than an SUV. Experience is an important factor which can significantly change a customer's mind over buying a product.  It can narrow a customer's decision and make it easier to decide, that is why most car companies offer a test drive.

3 0
3 years ago
On January 1, Year 1. a company issues $100.000 of 8% bonds maturing in 10 years when the market rate of interest is 9%. The bon
Margarita [4]

Answer:

b) The company will incur a loss

Explanation:

The market rate at the time of issue = 9%, while coupon rate = 8%, it says bonds provide lesser return when compared to the market rate.  

At end of year 2 market rate drops to 6% which is lower than the Bond's coupon rate. Which means the bond's providing high return when compared to the market. So, company to retire the bonds need to pay more than the par value.

As company should retire these bonds more than par value, the company incur a loss.

Option 'B is correct

The company incur a loss

5 0
3 years ago
Which government agency is in charge of regulating the sale of stocks and bonds? A. The Securities and Exchange Commission B. Th
viva [34]

Answer:

A

Explanation:  The Securities and Exchange Commission

4 0
3 years ago
The internal rate of return method is used to analyze a $831,500 capital investment proposal with annual net cash flows of $250,
Umnica [9.8K]

Answer:

annuity factor for 20% and 6 periods = 3.326

Explanation:

the IRR represents the discount rate at which a project's NPV = 0

NPV = initial outlay + PV of future cash flows

NPV = 0

initial outlay = -$831,500

PV of future cash flows = $831,500 = cash flow x annuity factor

annuity factor = $831,500 / $250,000 = 3.326

using an annuity table and looking for the annuity factors for 6 periods, we find that the annuity factor for 20% and 6 periods = 3.326.

So our IRR = 20%

5 0
3 years ago
Other questions:
  • The World Bank is an example of a(n) ____, supported by industrialized nations, including the United States.
    7·2 answers
  • Sue plans to mix peppermints worth $1.20 per lb with chocolates worth $2.40 per lb to get a 40 lb mix that is worth $1.65 per lb
    7·1 answer
  • Sigma Corporation applies overhead cost to jobs on the basis of direct labor cost. Job V, which was started and completed during
    6·1 answer
  • In 2012, Teller Company sold 3,000 units at $300 each. Variable expenses were $210per unit, and fixed expenses were $120,000. Th
    8·1 answer
  • A Chinese exporter sells $200,000 of toys to a French importer. The Chinese exporter requires the French importer to obtain a le
    15·1 answer
  • Why are companies required to perform payroll withholding?
    5·2 answers
  • You work for a marketing firm that has just landed a contract with Run-of-the-Mills to help them promote three of their products
    11·1 answer
  • A bank customer borrows X at an annual effective rate of 12.5% and makes level payments at the end of each year for n years.(whi
    14·1 answer
  • Dearborn Company has earnings per share of $2.80, it paid a dividend of $2.10 per share, and the market price of the company's s
    11·1 answer
  • While in the restroom, you overhear your boss telling a colleague that Bob is going to be laid off at the end of the quarter in
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!