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stellarik [79]
3 years ago
10

Decko Industries reported the following monthly data: Units produced 52,000 units Sales price $ 33 per unit Direct materials $ 1

.50 per unit Direct labor $ 2.50 per unit Variable overhead $ 3.50 per unit Fixed overhead $ 234,000 in total What is the company's contribution margin for this month if 50,000 units were sold?
Business
1 answer:
Rus_ich [418]3 years ago
3 0

Answer:

$1,275,000

Explanation:

The computation of the  contribution margin is shown below:

As we know that

Contribution margin = Sales - variable cost

or

Selling price per unit - variable cost per unit

And, the direct material per unit, direct labor per unit, and the  Variable overhead per unit are variable cost

So, if 50,000 units are sold, the contribution margin per unit is

= 50,000 × ($33 - $1.50 - $2.50 - $3.50)

= $1,275,000

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Promoting right to work laws.

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The Alpine Shop is a store that specializes in selling equipment for camping and other outdoor activities. The store has many em
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d) information utility

Explanation:

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4 years ago
Why do some consumers tend to favor price controls while others tend to oppose​ them?
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Answer:

The answer is: B) Price ceilings generate shortages.​ Consequently, the consumers who obtain the product at a lower price​ win, but other consumers will lose because they would like to purchase the product but are unable to because of a shortage.

Explanation:

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8 0
4 years ago
Blue Spruce Corp. took a physical inventory on December 31 and determined that goods costing $229,500 were on hand. Not included
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Answer:

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Correct inventory

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3 0
3 years ago
Robert gillman, an equity research analyst at Gillman Advisors, believes in efficient markets, He has been following the mining
antoniya [11.8K]

Answer:

Q1) a. 6.60%

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Explanation:

Q1.)

Use dividend discount model (DDM) to solve for the growth rate;

g = r- (D1/P0)

whereby;

g = dividend growth rate

r = required rate of return = 11.40% or 0.1140 as a decimal

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P0 = Current stock price = $23.75

g = 0.1140 - (1.14/23.75)

g = 0.1140 - 0.048

g = 0.066 or 6.6%

Therefore, the growth rate is 6.60%, making choice A correct.

Q2.)

c. Retained earning is the proportion of total net profit that a company reinvests back into the business for the purpose of investing in other potentially profitable projects.The returns from these projects would increase the value of the company at a faster rate if a higher percentage e.g 90% is retained. On the other hand, if the company pays a larger portion of its retained earnings e.g 70% as dividends, it will experience a slower growth rate making choice C correct.

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