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11111nata11111 [884]
3 years ago
7

Sunshine Blender Company sold 3000 units in October at a sales price of $45 per unit. The variable cost is $25 per unit. Calcula

te the total contribution margin.
Business
1 answer:
Alekssandra [29.7K]3 years ago
5 0

Answer:

Total contribution margin= $60,000

Explanation:

Giving the following information:

Units sold= 3,000

Selling price per unit= $45

Unitary variable cost= $25

First, we will calculate the unitary contribution margin:

Unitary contribution margin= 45 - 25= $20

Now, total contribution margin:

Total contribution margin= 3,000*20= $60,000

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Assume that Amazon has a stock-option plan for top management. Each stock option represents the right to purchase a share of Ama
iogann1982 [59]

Answer:

The answer is given below;

Explanation:

a.Compensation Cost =Total option * fair value of option at grant date

                                =5,000*6=$30,000

Service period= 1 year

Vesting period= 3 years

Cumulative expense at end of year 2017=Total compensation cost*Service period/Vesting period=$30,000*1/3=$10,000

Expense for the year =$10,000

Stock Option Compensation Expense   Dr.$10,000

Additional paid in capital-stock options  Cr.$10,000

b.

Bank     (700*$40)           Dr.$28,000

Common Stocks       700*$1      Cr.700

Paid in capital in excess of par (28,000-700)   Cr.$27,300  

8 0
3 years ago
In the summer of 2002, Kelly Flatley and Brendan Synnott joined forces to launch a homemade granola business out of Flatley's pa
diamong [38]

Answer: all available funds

Explanation:

From the information given in the question, it can be infer that Flatley and Synnott used the all available funds method for promoting their product.

This all available funds method is the allocation of all the available profits for advertising purposes. It is an aggressive method as it can invoice moving door to door or doing at other means in order to promote a product. It is useful when a new company wants to increase the consumer awareness with regards to its products or services.

5 0
2 years ago
Adams Moving and Storage, a family-owned corporation, declared a property dividend of 1,000 shares of GE common stock that Adams
Nostrana [21]

Answer:

      General Journal                  Debit        Credit

1.     Loss on investment            $2,000

       [$37,000 - (1000 * $35)]    

              Investment in GE stock                $1,600

2.     Retained earnings             $35,000

        (1000 * $35)

             Property dividends payable          $35,000

3.     Property dividends payable $35,000

              Investment in GE stock                 $35,000

8 0
3 years ago
MRP can apply to services, especially when it is focused on: (I) work-in-process inventory. (II) finished goods inventory. (III)
elena55 [62]

Answer:

E. III and IV only

Explanation:

The MRP which is the Material requirements planning is an inventory management system designed to improve productivity of a business by assisting production managers in scheduling and placing orders of items of dependent demand. That is, it aids in planning, scheduling and controlling inventory during the manufacturing process. The material requirements planning can also be attached to services by focusing it on service components around the business and also focusing it on materials used during the service process.

3 0
3 years ago
Ben saw a 30 minute TV show. During the show, the presenter was showing how to prepare a variety of dishes so that they would be
nata0808 [166]

The 30 minute show describes Infomercial.

Explanation:

An infomercial is a kind of a commercial television that usually contains a toll-free telecommunications or website.

While advertisement was made popular in the earliest 1980's, a Vita-mix blender was considered to be the first ever long-standing advertising. The model was nevertheless taken off in the 1970's, particularly in San Diego, when a one-hour Television show revealed local houses every Sunday.

Infomercials are popular for televising at peak hours, normally late in the evening or early in the morning. Those hours ' advertisement rates are lower than most others, encouraging companies that sell their goods to buy some time than they could, if exposure was on a popular TV show.

6 0
2 years ago
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