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maksim [4K]
4 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]4 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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Kelly Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following d
lara [203]

Answer:

$336,000

Explanation:

Calculation for How much cost that would be allocated in the first-stage allocation to the Order Processing activity cost pool

Total Order Processing activity cost pool

Wages and salaries: 60% × $360,000

Wages and salaries= $216,000

Depreciation: 35% × $200,000

Depreciation=$70,000

Occupancy : 50% × $100,000

Occupancy=$50,000

TOTAL =$336,000

Therefore the amount of cost that would be allocated in the first-stage allocation to the Order Processing activity cost pool will be $336,000

5 0
3 years ago
What is The Humane Society of North Central Florida's mission? *
faust18 [17]

Answer:

Our mission is to build an ecologically sustainable and humane world for all animals.

Explanation:

I hope it help u

8 0
3 years ago
You sit on the board of a public corporation. Your CEO has proposed taking steps to offset the carbon impact of your​ company's
serious [3.7K]

Answer:

Socially -responsible activities might be value-maximizing because there are green investors out there who want to be identified an environmentally-conscious firm.

Explanation:

Environmental footprints such as carbon impact are not taken for granted by investors as they perceive a company as being responsible and worthy of their investment if it cares about the environment and its impact of negative externalities on its host community.

In fact, some consumers even check out a product for signs of environmental consciousness on it before making purchase, such disposition also transcends to investment decisions as well.

Hence, such companies that are conscious  have their shares being highly  demanded, forcing share price to rise  as well as the overall value of the entity.

4 0
3 years ago
Read 2 more answers
While different natural resources and the theory of comparative advantage can explain many trade patterns, they cannot explain a
kakasveta [241]

Answer:

Intra-Industry Specialization

Dynamic Comparative Advantage

Product Life Cycle Theory

Explanation:

Ice wine is a special spirit that can only be made during a few months in the winter. The nations of Fruzenton and Grappovia are in different hemispheres, and each produces ice wine. During each nation’s winter, its ice wine industry produces enough to meet domestic demand and export to the other country. The ice wine exchanged between the two nations is nearly identical.  Intra-Industry Specialization

For many years, the nation of Stilettopia’s high-heel shoe producers have struggled in the international market because strict labor laws have made it hard to get productivity out of Stilettopians. In an effort to stimulate its industry, legislators in Stilettopia approve a bill that reduces the minimum wage and extends the number of hours shoe laborers can work in a day. Once the new policies take effect, Stilettopian high-heel shoe makers have lower costs than international competition and are able to reduce prices to the point that there is demand to export their shoes.  Dynamic Comparative Advantage

Since the turn of the century, nearly all X-ray machines purchased by hospitals have been made in Alloway. However, engineers in Osteoville recently designed an X-Ray machine that produces much more accurate results, leading to fewer malpractice cases and more reliable diagnoses. These new X-ray machines quickly become the industry standard. As a result of this, the production of X-ray machines is thriving in Osteoville, while firms in Alloway lose market share and begin trying to develop a new source of advantage Product Life Cycle Theory

7 0
3 years ago
What data is used to create a business cycle ?
Aleksandr [31]

Answer:

​Who Measures the Business Cycle? The National Bureau of Economic Research determines business cycle stages using quarterly GDP growth rates. 9  It also uses monthly economic indicators, such as employment, real personal income, industrial production, and retail sales.

Explanation:

8 0
4 years ago
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