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3 years ago

EA1.

Business

1 answer:

Mila [183]3 years ago

8 0

Answer:

$135 per unit

Explanation:

The contribution margin per unit is defined as the difference of the sales price per unit and variable cost per unit.

Given that,

Sale price per unit = $200

Variable costs per unit = $65

Contribution margin per unit:

= Sales price per unit - Variable cost per unit

= $200 - $65

= $135 per unit

Therefore, the per-unit contribution margin of a product is $135 per unit.

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I ADDED 50 EXTRA POINTS!!!

NISA [10]

Well, Someone would rent a tuxedo or dress that they couldn't afford if they bought it and renting is just cheaper when you need to look nice for a meeting or a party.

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4 years ago

The controller of Fortnight Co. has requested a quick estimate of the manufacturing supplies needed for the Cleveland Plant for

Talja [164]

Answer:

Total cost= $752,060

Explanation:

To calculate the fixed and variable cost under the high-low method, we need to use the following formulas:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (853,560 - 723,060) / (540,000 - 450,000)

Variable cost per unit= $1.45

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 853,560 - (1.45*540,000)

Fixed costs= $70,560

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 723,060 - (1.45*450,000)

Fixed costs= $70,560

Now, the total cost for 470,000 units:

Total cost= 70,560 + 1.45*470,000

Total cost= $752,060

7 0

3 years ago

Which statement is true?

kvv77 [185]

The answer is: D) The Federal Reserve affects monetary policy.

Federal reserve had the power to create monetary policies in order to regulate inflation rate in the country.

These monetary policies are being made to control either the amount of money supply or the amount of money circulated in the market. (If the amount of money held by people reduced, the inflation rate tend to go down. This is how they make the control)

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4 years ago

Read 2 more answers

Evans Products uses a process costing system with two processing departments: the Mixing Department and the Finishing Department

anastassius [24]

Answer:

A debit to Work-in-Process Inventory, Finishing Department of $140,000.

Explanation:

$140,000 will be credited to Work-in-Process Inventory, Mixing Department and debited to Work-in-Process Inventory, Finishing Department.

Finishing department is a process department. Finished goods are debited only when goods are transferred from the last processing department to finished goods.

Calculations

Cost per units transferred $ 4.00

Units transferred 3.500

Total cost of units transferred $ 1,40,000.00

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4 years ago

The primary benefit of a MINIMAX objective function is

sladkih [1.3K]

Answer:

The correct answer is letter "C": it yields a larger variety of solutions than generally available using an LP method.

Explanation:

In Goal Programming (GP), the MINIMAX objective aims to minimize the maximum deviation from any type of objective. This approach carries a larger number of solutions compared to the Linear Programming (LP) method which mainly focuses on assigning more weight to each goal in the objective function.

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4 years ago