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Sladkaya [172]
3 years ago
7

The following requirements are interdependent. For example, the $252,000 desired profit introduced in Requirement c also applies

to subsequent requirements. Likewise, the $80 sales price introduced in Requirement d applies to the subsequent requirements.
Determine the contribution margin per unit.
Business
1 answer:
koban [17]3 years ago
3 0

Answer:

contribution margin per unit is $63

Explanation:

Data was missing in the question, the original question has following Information

Rosenthal Company makes and sells products with variable costs of $24 each. Rosenthal incurs annual fixed costs of $315,000. The current sales price is $87.

Sales price = $87 / unit

Variable Cost = $24 / unit

Contribution Margin = Sales Price - Variable Cost

Contribution Margin = $87 - $24

Contribution Margin = $63 / unit

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You have just signed a contract to purchase your dream house. The price is $140,000 and you have applied for a $110,000, 30-year
zimovet [89]

Answer:

obligation ratio: 0.3081    = 30.81%

Explanation:

Total oblication will include all the payment:

property taxes: 2,100 / 12 =   175

insurance:          600 / 12 =     50

car monthly payment:          450

mortage monthly payment: 557.35

Total obligation:                 1,232.35

<u>mortgage monthly payment:</u>

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV   110,000

time 360 (30 years x 12 months per year)

rate 0.00375 (0.045 divide into 12 months to get the monthly rate)

110000 \div \frac{1-(1+0.00375)^{-360} }{0.00375} = C\\

C   557.354

<u>total obligation ratio:</u>

1,32.35 / 4,000 =  0.3081  

3 0
3 years ago
How long has donald trump been married to melania?
ivann1987 [24]
Donald trum has been married to melania dor 5 years
4 0
4 years ago
Read 2 more answers
Hoffman Corporation retires its bonds at 106 on January 1, following the payment of semiannual interest. The face value of the b
Ipatiy [6.2K]

Answer:

B. credit of $4,200 to Gain on Bond Redemption

Explanation:

face value 400,000

callable at 106

cash disbursements 400,000 x 1.06 = 424,000

carrying value (after discount or premium) 419,800

as is higher than face value the onds have a premium for 19,800 dollars

result at redemption:

book value - market value

419,800 - 424,000 = 4,200

Journal entry

Bonds Payable       400,000 debit

Premium on BP         19,800 debit

    Cash                                      424,000 credit

   Gain on Bond of Redemption   4,200 credit

This makes B option correct.

7 0
4 years ago
To take advantage of an arbitrage opportunity, an investor would 1) construct a zero-investment portfolio that will yield a sure
Alex_Xolod [135]

Answer:

Both statements I and III are correct.

Explanation:

<u>1.Construct a zero investment portfolio that will yield a sure profit </u>

<u> </u>

<u>3.Make simultaneous trades in two markets without any net investments</u>

7 0
4 years ago
In what way is globalization a disadvantage for developed nations?
erastovalidia [21]

.

Businesses and corporations relocate to developing nations so they don't have to pay the wages that developed nations pay their workers. Many of these nations do not have the same regulations in regards to workers' rights, benefits, safety, and environmental impact. Because companies aren't subject to these regulations, they are able to save millions of dollars. As a result, businesses shut down operations in the U.S. and other developed nations and move those jobs abroad.

3 0
3 years ago
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