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ankoles [38]
3 years ago
10

Nice Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales Selli

ng price $ 240 100 % Variable expenses 48 20 % Contribution margin $ 192 80 % Fixed expenses are $160,000 per month. The company is currently selling 1,500 units per month. Required: Management is considering using a new component that would increase the unit variable cost by $65. Since the new component would improve the company's product, the marketing manager predicts that monthly sales would increase by 700 units. What should be the overall effect on the company's monthly net operating income of this change if fixed expenses are unaffected
Business
1 answer:
attashe74 [19]3 years ago
6 0

Answer:

Therefore, the change in total contribution margin is equal to change in net operating income, so there is no change in fixed expenses  and will not be affected.

Explanation:

The computation as per given question is given below:-

Variable cost per unit

= $48 + $65

= $113

Contribution margin per unit

= $240 - $113

= $127

Unit Monthly sales

= 1,500 + 240

= 1,740

Total contribution margin

= 1,740 × $127

= $220,980

Total contribution margin

= 1,500 × $192

= $288,000

So, change in total contribution margin and net operating income

= $288,000 - $220,980

= $67,020

Therefore, the change in total contribution margin is equal to change in net operating income, so there is no change in fixed expenses  and will not be affected.

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A local university has a student population that is 55% male. 60% of students are undergraduates. 38% are both male and undergra
Mandarinka [93]

The probability that a randomly selected student is female and an undergraduate = 37%

The probability of being female or an undergraduate= 1.05

<h3>The male students</h3>

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Therefore female population would be 1 - 0.55 = 45%

<u>Undergraduates</u> = 60%

The male undergraduate = 38%

Therefore female undergraduates = 60%-38%

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a. The probability that a randomly selected student is an undergraduate and female

= \frac{0.22}{0.60}

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B. The probability that the student is female or undergraduate

P(A or B)

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4 0
2 years ago
A bear market is distinguished by ________.
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3 years ago
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Answer:

3

Explanation:

Price - earnings ratio refers to the ratio between the Market price and the Earning per share. The formula for price - earning ratio is as follows:

Given that,

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Earnings per share = 6.00

Par Value per share = 4.00

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Janet's share :

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