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anastassius [24]
2 years ago
7

A product sells for $5, and has unit variable costs of $3. This product accounts for $20,000 in annual sales, out of the firm's

total of $60,000. When performing multiproduct break-even analysis, what is the weighted contribution of this product?
Business
1 answer:
Ronch [10]2 years ago
6 0

Answer:

0.1333

Explanation:

Given that,

Selling price = $5

Variable cost = $3

Annual sales = $20,000

Total sales = $60,000

Contribution margin:

= Selling price - Variable cost

= $5 - $3

= $2

Number of units sold:

= Annual sales ÷ Selling price

= $20,000 ÷ $5

= 4,000 units

Total contribution sales:

= Number of units sold × Contribution margin per unit

= 4,000 units × $2

= $8,000

Weighted contribution:

= Total contribution sales ÷ Total sales

= $8,000 ÷ $60,000

= 0.1333

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Susan is initially offered a new SUV for $24,000 and agrees to buy it. But when the sales manager comes back after getting some
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The increase of the new SUV from $24,000 to $26,000 after the agreement illustrates a low-balling technique.

<h3>What is a low-balling technique?</h3>

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1 year ago
What restriction did the US government place on advertising in 1997?
12345 [234]

Answer:

The answer should be D, a ban of deceptive advertisements.

Explanation:

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3 0
2 years ago
What is the difference between a capital gains tax and an income tax?
Luda [366]

Answer:

C. One is assessed on the profit made from selling an asset; the

other is assessed on earnings from work or investments.

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4 0
2 years ago
The CEO would like to see higher sales and a forecasted net income of $2,500,000. Assume that operating costs (excluding depreci
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Answer:

The answer is  $11.904.762  

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Explanation:

Income Statement  

Sales  $11.904.762  

Cost of goods sold -$6.547.619  

Gross Profit  $5.357.143  

depreciation, amortization and Interest -$1.190.476  

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7 0
3 years ago
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