Answer:
Contribution margin per unit = $85 per cubic yard
Contribution margin ratio = 56.67%
Explanation:
The computations are calculated below:
Contribution margin per unit = Selling price per cubic yard - variable cost cubic yard
= $150 - $65
= $85 per cubic yard
Contribution margin ratio would be
= (Contribution margin per cubic yard) ÷ (Selling price per cubic yard) × 100
= ($85) ÷ ($150) × 100
= 56.67%
And, The statement of contribution margin income for the month of August is shown below:
Sales (240 cubic yards × $150) $36,000
Less: Variable cost (240 cubic yards × $65) ($15,600)
Contribution margin $20,400
Less: Fixed expenses per month ($15,000)
Net income $5,400
Answer:
Dr Earnings contingency liability $800,000
Cr Goodwill $800,000
Explanation:
Based on the information given the appropiate journal entry to record the new information includes a credit of $800,000 to:Dr Earnings contingency liability $800,000 and Cr Goodwill $800,000 reason been that the acquisition cost is lesser.
Dr Earnings contingency liability $800,000
Cr Goodwill $800,000
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Your answer is: False!
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Hope this helps!
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The only exception is made only if the passenger is under the age of 18 AND is protected by some sort of children restraining device.</span>
The PHS regulations about financial conflict of interest require INVESTIGATORS to disclose significant financial conflict of interest.
The PHS requires that for each proposal submitted to that agency, the principal investigator and any other person regardless of their positions and titles, who are responsible for the conduct and the design of the experiment should certify that appropriate significant financial disclosure has been made.