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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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The average individual in a country earns an annual salary of $60,000, of which $24,000 is spent on housing, $10,800 on food, $1
zalisa [80]

Answer:

The answer is $36,000.

Explanation:

If the average individual earns an annual salary of $60,000 and the government reduces all salaries and prices by 40%, then the salary of the average individual annualy decreases by $24,000 and comes down to $36,000 per year. But since the costs of services and prices of goods recude by 40% as well, it doesn't change the real salary.

I hope this answer helps.

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Why should people take personal finance?
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Robert is the sole shareholder and CEO of ABC, Inc., an S corporation that is a qualified trade or business. During the current
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3 years ago
The partnership of Brandon and Ryan is being liquidated. All gains and losses are shared in a 3:1 ratio, respectively. Before li
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