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maksim [4K]
3 years ago
5

Tirri Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.40 Direct labor $ 3

.65 Variable manufacturing overhead $ 1.45 Fixed manufacturing overhead $ 24,200 Sales commissions $ 1.20 Variable administrative expense $ 0.75 Fixed selling and administrative expense $ 8,600 If the selling price is $27.90 per unit, the contribution margin per unit sold is closest to:
Business
1 answer:
Rufina [12.5K]3 years ago
3 0

Answer:

$13.45

Explanation:

The computation of contribution margin per unit sold is shown below:-

Contribution margin per unit = Selling price - (Direct materials + Direct labor + Variable manufacturing overhead + Sales commissions + Variable administrative expense)

= $27.90 - ($7.40 + $3.65 + $1.45 + $1.20 + $0.75)

= $27.90 - $14.45

= $13.45

Therefore for computing the contribution margin per unit sold we simply applied the above formula.

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I really need help, What are the five foundations? Include purpose/ importance of each step
omeli [17]

Answer:

Management, Operations, Marketing, Accounting, Finance

Explanation:

-Management: planning and knowing your business resources to achieve it's goals

-Operations: The transformation of resources into goods/products, making sure the goods are high quality

-Marketing: Identifies customer's needs, develop and decide the price and quality of products

-Accounting: financial and managerial information. Accountants work to communicate finance information to managers

-Finance: Obtaining and managing a companies funds. Who gets/needs money, and how much do they get

4 0
3 years ago
The demand for grapesgrapes is highest during summer and lowest during winter. Yet grapegrape prices are normally lower in summe
anastassius [24]

Answer:

The correct answer is: D. The supply increases more than the demand increases.

Explanation:

The law of supply and demand is the basic principle on which a market economy is based. This principle reflects the relationship between the demand for a product and the quantity offered of that product taking into account the price at which Sell ​​the product.

Thus, depending on the price in the market of a good, the bidders are willing to manufacture a certain number of that good. Like the plaintiffs they are willing to buy a certain number of that good, depending on the price. The point where there is a balance because the plaintiffs are willing to buy the same units that the bidders want to manufacture, for the same price, is called the market equilibrium or breakeven point.

According to this theory, the law of demand states that, keeping everything else constant, the quantity demanded of a good decreases when the price of that good increases. On the other hand, the law of supply indicates that, keeping everything else constant, the quantity offered of a good increases when its price does.

6 0
4 years ago
Scott is the business head of a software development firm that wants to increase its market share to 30 percent in the next 5 ye
AysviL [449]

Answer:

tactical planning      

Explanation:

Tactical planning considers a general framework for an enterprise and carries out concrete short-term goals and strategies, typically by division or position of the business. The range of tactical planning is lower than the range in conventional aircraft.

The range in tactical planning is lower than that of the range of conventional aircraft. If the action plan is five years, operational strategies may be one or three years or even fewer based on the type of sector the organization represents and the availability of information.

5 0
3 years ago
Which type of facility layout is seen in the given example? George works as an operations manager for a machine manufacturer. Wi
Norma-Jean [14]

Answer: process

Explanation:just did the test on edmentum

4 0
3 years ago
Read 2 more answers
On December 31 of the current year, the unadjusted trial balance of a company using the percent of receivables method to estimat
devlian [24]

The amount that should be debited to Bad Debts Expense, assuming 3% of outstanding accounts receivable at the end of the current year are estimated to be uncollectible is $1,913

<h3>What is bad debts expenses?</h3>

Bad debt are debts owned to a business which cannot be recovered. Here, the customer has chosen not to pay this amount.

Computation of amount to be debited to Bad Debts Expense:

=  Accounts Receivable, debit balance of $97,800 *  3% of outstanding accounts receivable at the end of the current year

= $97,800 *  3%

= $2,934

Then,

= $2,934 - $1,021

= $1,913

Hence, the amount that should be debited to Bad Debts Expense, assuming 3% of outstanding accounts receivable at the end of the current year are estimated to be uncollectible is $1,913

Learn more about bad debts expenses here : brainly.com/question/18568784

4 0
2 years ago
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