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Setler79 [48]
3 years ago
15

Steamroller Company sells two products—J and B. Steamroller predicts that it will sell 7400 units of J and 6500 units of B in th

e next period. The unit contribution margins are $2.90 and $6.30 for products J and B, respectively. What is the weighted-average unit contribution margin?
Business
1 answer:
sp2606 [1]3 years ago
3 0

Answer:

The weighted-average unit contribution margin is $4.50 per unit.

Explanation:

Weighted Average contribution margin is the average contribution margin of all products company sells.

Sale

Product J = 7,400

Product B = 6,500

Unit contribution margin

Product J = $2.9

Product B = $6.3

Contribution of Product J = 7,400 x $2.9 = $21,460

Contribution of Product B = 6,500 x $6.3 = $40,950

Total Contribution = $21,460 + 40,950 = $62,410

Total Sales Unit = 7,400 + 6,500 = 13,900 units

Weighted average contribution margin = Total Contribution / Total sales unit

Weighted average contribution margin = $62,410 / 13,900 units

Weighted average contribution margin = $4.49 per unit

Weighted average contribution margin = $4.5 per unit

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Answer:

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The cash ratio helps measure the liquidity of the company as it shows if it can cover its short-term debt with the cash aand cash equivalents it has. When the ratio is less than 1, as in this case, it means that  the company doesn't have enough cash to cover the short-term debt.

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3 years ago
Economists often are interested in percentage change from one period to the next. The percentage rate of change of gross domesti
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Answer:

The growth rate of the U.S economy in 2011 was 5.65%

Explanation:

This is a simple calculation

We use this formula to calculate percent changes from one period to another:

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3 years ago
Assume a fixed cost for a process of $15,000. The variable cost to produce each unit of product is $10, and the selling price fo
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Answer:

1,000 units

Explanation:

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The number of units that has to be produced and sold to break even is 1,000 units.

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In order to motivate our sales force to increase sales, we decided to increase our commissions and salaries and increase marketi
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Sales Revenue - Inconsistent

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