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
Rufina [12.5K]
3 years ago
11

Grandma’s Yarn Factory produces and designs two specialty yarn products, green yarn and scarlet yarn. The manager estimates that

clients will purchase 3,000 green yarn spools and 1,100 scarlet yarn spools by the end of the next period. The unit contribution margins for green yarn and scarlet yarn are $2.80 and $3.50. What is the weighted-average unit contribution margin?
Business
2 answers:
ahrayia [7]3 years ago
6 0

Answer:

$2.99

Explanation:

After you determine individual contribution margins, you can calculate the weighted average depending on the % of total sales of each product.

weighted average contribution margin = [(total sales green yarn x units price) + (total sales scarlet yarn x unit price)] / (total sales green yarn + total sales scarlet yarn)

weighted average contribution margin = [(3,000 x $2.80) + (1,100 x $3.50)] / (3,000 + 1,100) = ($8,400 + $3,850) / 4,100 = $2.987 ≈ $2.99

Alik [6]3 years ago
4 0

Answer:

$2.99

Explanation:

The weighted average contribution margin refers to the average amount that a group of different products/services help with regards to lowering the fixed costs of a business. In this scenario the weighted-average unit contribution margin is $2.99. This price is calculated by multiplying the unit contribution margins of each product by their estimated sales (in this scenario). Then adding them and dividing the total by the total number of unit sales like so.

(2.80 * 3000) + (3.50 * 1100)

8400 + 3850 = 12,250

12,250 / 4100 (total sales) = 2.89 .... round up to $2.99

You might be interested in
Firms that are _______ recognize that including a strong social orientation in business is a sound strategy that is in the best
nirvana33 [79]

Answer:

The correct answer is E. socially responsible

Explanation:

A company is socially responsible when it works attached to values and that within its business objectives includes supporting social, economic and environmental needs in order to optimize its competitive situation and its added value.

When a company is socially responsible, it does so by its own decision and not by taxation and its policies, strategies and practices are aimed at favoring its employees, suppliers, family, environment and environment.

The green paper of the European Commission states that "corporate social responsibility is the voluntary integration, by companies, of social and environmental concerns in their business operations and their relationships with all their partners."

7 0
3 years ago
Activity-based costing accumulates overhead in one cost pool, then:_____.a. assigns the overhead to products and services by mea
Gekata [30.6K]

Answer:

c. allocates overhead to activity cost pools, and it then assigns the activity cost pools to products and services by means of cost drivers.

Explanation:

The activity based costing is the costing that helps to allocated the indirect cost or we can say the manufacturing overhead cost with the help of the many cost drivers  or the many activity cost pools

Like if we allocate the setup cost so we have to allocated with the number of machine setups.

For the inspection cost, the number of inspections is required so that the allocation could be done

5 0
3 years ago
20% of students in a class go to professor during office hours. of those who go 30% seek minor clarification. 70% seek major cla
aksik [14]

a. The probability that a student goes to seek for minor clarification from the professor during office hours = 6%.

b. The probability that a student goes to the professor for major clarification = 14%.

Data and Calculations:

Percentage of students in the class who go to the professor to seek clarifications = 20% (a)

Percentage of students in the class who do not go to the professor to seek clarifications = 80% (100% - 20%) (b)

Percentage of (a) who seek minor clarification = 30%

Percentage of (a) who seek major clarification = 70%

Probability of (a) seeking minor clarification = 6% (20% x 30%)

Probability of (a) seeking major clarification = 14% (20% x 70%)

Thus, the probability of students seeking minor clarification is 6% while the probability of students seeking major clarification is 14%.

Learn more about probability at brainly.com/question/13604758

8 0
3 years ago
What is round to the nearest 10.000?​
liraira [26]
If the number is 12,759 and they ask to round to the nearest 10,000 then you look at the thousands place (where the 2 is) and is its less than 5 round down and if its more round up. so the answer would be 10,000
7 0
3 years ago
Wei is an analyst for an insurance company. The firm uses her data to make all of its business predictions. Wei is asking for a
Ostrovityanka [42]

Answer:

Expert power

Explanation:

Expert power refers to the ability someone has to influence other people because this person has a lot of knowledge or specialized skills that others don't have. According to this, the answer is that Wei has expert power because the company uses the data she provides as an analyst to make all the business predictions which means that her power comes from the knowledge and skills she posses.

5 0
3 years ago
Other questions:
  • A consumer is making purchases of products Alpha and Beta such that the marginal utility of product Alpha is 30 and the marginal
    7·1 answer
  • An increase in common stock would be reflected in the statement of stockholders' equity. Select one: True False
    14·1 answer
  • List four people who are likely to play a role in the induction of a new employee?​
    13·1 answer
  • In the vast majority of commercials that advertise cleaners, a woman is shown using the product, even though the high percentage
    10·1 answer
  • Which is an example of a withholding you might see on your pay stub?
    10·1 answer
  • Sound Design sells its computer speakers for $115 per set Its variable cost is $75 per set ot speakers. Fixed costs are $80,000
    7·1 answer
  • Determine whether each consequence of poor financial decisions is an initial consequence or a long-term
    7·2 answers
  • Only one commercial bank in the banking system has an excess reserve, and its excess reserve is $400,000. This bank makes a new
    15·1 answer
  • coomer co had net sales of 600000 net income of 35260 and average total assets of 680000 what is the return on total assets
    10·2 answers
  • On October 1, 2020 Bonita Industries issued 5%, 10-year bonds with a face value of $8090000 at 103. Interest is paid on October
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!