1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
V125BC [204]
3 years ago
8

Our company sells a product for $150 per unit. Variable costs are $90 per unit and fixed costs are $18,000. The company expects

to sell 800 units this year. What is the contribution margin in total dollars
Business
1 answer:
kodGreya [7K]3 years ago
8 0

Answer:

$48,000

Explanation:

From the question, we are given the following;

Per unit selling price of the product = $150

Variable costs per unit = $90

Fixed costs = $18,000

Expected units to be sold 800

Therefore,

Contribution margin in dollars = Selling price - Variable costs

= ($150 × 800) -($90 × 800)

= $120,000 - $72,000

=$48,000

You might be interested in
Marginal revenue for a monopolist is computed asa.average revenue times quantity divided by price.b.total revenue divided by qua
aksik [14]

Statement that explains Marginal revenue and it can be computed for a monopolist is C:sold.c.change in total revenue per one unit increase in quantity sold.

  • Marginal revenue  can be regarded as central concept in microeconomics which focus on additional total revenue that us been gotten by increasing product sales by 1 unit.

  • In monopolist,it can be computed by change in total revenue with respect to a unit increase that is been sold.

Therefore, option C is correct.

Learn more

brainly.com/question/25404320?referrer=searchResults

7 0
2 years ago
Ramos Inc. has total assets of $1,000 and total liabilities of $450 on December 31, 20Y6. Assume that assets increased by $130 a
sukhopar [10]

Answer:

The owner's equity be as of December 31, 20Y7 is $705

Explanation:

In this question, we apply the accounting equation which is given below

Total assets = Total liabilities + shareholder's equity

The question has said that the liabilities are decreased and the assets are increased.

So, the new asset is = total assets + increased amount

                                 = $1,000 + $130

                                 = $1,130

And, So, the new liability is = total liabilities - decreased amount

                                 = $450 - $25

                                 = $425

So, the shareholder equity would be equal to

= $1,130 - $425

= $705

Hence, the owner's equity be as of December 31, 20Y7 is $705

5 0
3 years ago
Consumption of Fixed Capital$25Government Purchases315US imports260Personal Taxes45Transfer Payments247US Exports249Personal Con
morpeh [17]

Answer:

$1,079 billion

Explanation:

Calculation to determine what Gross domestic product is

Using this formula

Gross domestic product = Personal Consumption Expenditures + Gross Private Domestic Investment + Government Purchases + Net exports

Let plug in the formula

Gross domestic product = $475 + $300 + $315 + ($249 - $260)

Gross domestic product =$475 + $300 + $315 + +$11

Gross domestic product = $1,079 billion

Therefore Gross domestic product is $1,079 billion

8 0
2 years ago
News or program on TV. Reliable or relevant
allochka39001 [22]

Answer:

<u>Relevant</u>

Explanation:

News, and / or programs on TV, is how media, and the government gives information and influences people. It is relevant for the reason that outlets are trying to influence the viewers, but it is not always reliable. The news, and commercials shown on TV are not always reliable. Politicians may put things on TV, or news that is not necessarily true, or reliable. News outlets also do the same thing. News is notorious for spewing false information. And not only on our presidents an politicians. The point of news is to basically exaggerate things to get hold of the viewers attention more.

:))

5 0
3 years ago
Decision making at the margin means making a choice based on __________ of a decision.
juin [17]

Answer:

Decision making at the margin means making a choice based on <u>comparing the additional benefits and costs</u> of a decision.

7 0
2 years ago
Other questions:
  • A stock is a written promise to repay borrowed money at a later date; to raise money.
    7·1 answer
  • As of January 1, 2021, Chelsea Co. had a balance of $520,000 in its allowance for uncollectible accounts. Based on experience, 2
    8·1 answer
  • Harry Putts Productions held investments in equity securities​ (in Ellie ​Company) with a fair value of $ 60 comma 000 at Decemb
    11·1 answer
  • Clay's fishing shop's beginning inventory is $70,000 and ending inventory is $36,500. what was clay's average inventory?
    11·1 answer
  • Suppose a u.s. firm builds a factory in china, staffs it with chinese workers, uses materials supplied by chinese companies, and
    10·1 answer
  • Interest rates on 4-year Treasury securities are currently 5.4%, while 6-year Treasury securities yield 7.65%. If the pure expec
    15·1 answer
  • Which of the following statements is correct? Managers will be more likely to pursue projects that will benefit the entire compa
    5·1 answer
  • Recently, Job P951 was completed with the following characteristics: Number of units in the job 100 Total direct labor-hours 100
    6·1 answer
  • How will an increase in labor productivity affect equilibrium in the labor market?
    13·1 answer
  • The emirates group has a workforce comprised of individuals with 160 different nationalities. Suppose that one individual is con
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!