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MaRussiya [10]
3 years ago
5

Smarty Pants Company sells two​ products, green camouflage pants and orange camouflage pants. Smarty Pants predicts that it will

sell 800 pairs of green pants and 1 comma 500 pairs of orange pants in the next period. The unit contribution margins for green pants and orange pants are $ 7.25 and $ 9.00​, respectively. What is the weighted average unit contribution​ margin? (Round the final answer to the nearest​ cent.)
Business
1 answer:
leonid [27]3 years ago
3 0

Answer:

The weighted average unit contribution​ margin is 7,92

Explanation:

The weighted average unit contribution​ margin is the sum of the contribution margin of each product multiplied by the quantity sold of that product ,  then divided by the sum of all the products.  

CM average=(CMᵃ * Qᵃ+CMᵇ * Qᵇ)/(Qᵃ+Qᵇ)

CM average=($ 7.25 * 800+$ 9.00 * 500)/(800+500)

CM average=($5800+$4500)/(1300)

CM average=7,92

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Answer:

Explanation:

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4 0
3 years ago
The balance sheet reports revenues and selling costs for a period of time.
Reika [66]
I would say false, the sheet that reports the revenues and the costs is known as the income statement. the balance sheet is the sheet that would report all of the assets (such as the cash, accounts receivable, or others). The balance sheet will also report all the liabilities (including the accounts payable, notes payable and others). Lastly, the balance sheet will also report the equity or the capital account of the business. So in a nutshell, the balance sheet reports the assets, liabilities, and owner's equity.
3 0
4 years ago
Pisa, Inc. leased equipment from Williamsburg Company under a four-year lease requiring equal annual payments of $68,830, with t
adoni [48]

Answer:

$54,639

Explanation:

the approximate amount of principal reduction when the second lease payment is made in Year 2 can be calculated by making the Lease amortization table as follows

DATA

Annual payments = 68,830

Implicit rate = 8%

Annuty factor for 4 years at 8% = 3.55710

Present value of lease payment =$246,212 (68830*3.57710 )

                                                      Year 1                Year 2

Opening balance                             -                      $177,382(w)

interest                                              -                      $14,191(w)

payments                                      $68,830             $68,830

principal payments                     $68,830              $54,639

closing balance                          $177,382(w)         $122,743

Working

Closing balance = Present value of lease payment - Annual payment

Closing balance = $256,212 - $68,830

Closing balance = $177,382

Interest = closing balance x implicit rate

Interest =  $177,382 x 8%

Interest = $14,190.56

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3 years ago
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Answer:

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