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Leokris [45]
3 years ago
12

Rachel’s Candelabra Shoppe sells candles to clients for $6.00 each. The variable cost to produce each candle is $2.25 per candle

. The fixed costs are $2,800 per month. What is the firm’s contribution margin per candle
Business
1 answer:
Flauer [41]3 years ago
7 0

Answer:

The firm’s contribution margin per candle is $3.75

Explanation:

The computation of the firm’s contribution margin per candle is shown below:

Contribution margin per unit = Selling price per unit - variable cost per unit

= $6 candle - $2,25 candle

= $3.75 candle

The fixed expense is used to compute the break-even sales in units and in dollars so for this calculation, the fixed expense should not be taken. Hence, ignored it

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Fred Schultz, the owner of the West Medical Supply had lost 26 percent of his business. The cause of the lost was because of the two drug stores and close local hospital. In order for Fred to redeem his lost and to gain more, he needs to do some research on demographic changes. By this, he may be able to determine the population and to figure out where and how he can go through with his business.
Answer: D
7 0
4 years ago
A firm has a weighted average cost of capital of 11.68 percent and a cost of equity of 15.5 percent. The debt-equity ratio is 0.
asambeis [7]

The firms Cost of Debt is 9.62%.

Data and Calculations:

Weighted average cost of capital = 11.68%

Cost of equity = 15.5%

Debt-Equity Ratio = 0.65

Without taxes, the firm's Weighted Cost of Debt (WACC) = WACC - Weighted Cost of Equity

= 11.68% - (15.5% (1 - 0.65)

= 11.68% - 5.425%

= 6.255%

Unweighted cost of debt = 6.255%/0.65

= 9.62%

Thus, the firm's cost of debt is 9.62% while the weighted cost of debt is 6.255%.

Learn more: brainly.com/question/23044852

6 0
2 years ago
What is erikson's term for the period during which toddlers (aged 18 months to 3 years) develop independence and autonomy if the
amid [387]
Autonomy vs. shame and doubt is Erikson's term for the period during which toddlers (aged 18 months to 3 years) develop independence and autonomy if they are allowed the freedom to explore, or shame and self-doubt if they are restricted and overprotected. In this stage, they develop an important virtue of “will” where their parents play a major role in molding such quality. For example, they can learn at this stage on how to go to the toilet on their own or even clothe themselves.
3 0
3 years ago
Before the year began, Mitchell Manufacturing estimated that manufacturing overhead for the year would be $175,500 and that 13,0
masya89 [10]

Answer:

B, 195750

Explanation:

Let's first figure out the manufacturing overhead per direct labor hour

175500/13000= 13.5

So we allocate 13.5 in manufacturing overhead per direct labor hour

Let's the mulitply this by the number of actual direct labor hours

14500*13.5=195750

6 0
3 years ago
The Edward City Council approved and adopted the budget for its general fund for the fiscal year beginning on January 1, Year 2.
Gala2k [10]

Answer:

A.No entry is required

B.No entry is required

C.No entry is required

D.No entry is required

Explanation:

The Edward City Council

1. Record the journal entries for November 1, Year 1, if any.

No Entry Required

2. Record the journal entries for November 30, Year 1, if any.

No Entry Required

3. Record the journal entries for December 1, Year 1, if any.

No Entry Required

4. Record the journal entries for January 1, Year 2, if any.

No Entry Required

4 0
3 years ago
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