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
ValentinkaMS [17]
3 years ago
14

The records of the Dodge Corporation show the following results for the most recent year:

Business
1 answer:
Licemer1 [7]3 years ago
5 0

Answer:

unitary contribution margin= $6

Explanation:

Giving the following information:

Sales (16,000 units) $256,000

Variable expenses $160,000

<u>First, we need to calculate the unitary selling price and unitary variable cost:</u>

Selling price= 256,000 / 16,000= $16

Unitary variable cost= 160,000 / 16,000= $10

<u>Now, the unitary contribution margin:</u>

unitary contribution margin= selling price - unitary variable cost

unitary contribution margin= 16 - 10

unitary contribution margin= $6

You might be interested in
How do you economists use data
never [62]

Answer:

They use various statistical measures of data that help them in predicting the probability of the rise or fall in production or any other aspect like the job loss or the FDI and many aspects of the economy.

hope it helps

mark me brainliest

7 0
2 years ago
Read 2 more answers
Entries for Issuing Bonds and Amortizing Discount by Straight-Line Method On the first day of its fiscal year, Chin Company issu
lyudmila [28]

Answer:

The answer to the question is as attached  

Explanation:

a. The total credit matches the debit in a total of  $16,600,000

b. Cash $$15989036    

Discount on bonds payable (16600000 -15989036)    $610964

Bonds payable  $16600000

(To record issuance of bonds)  

b) Interest expense 825000+610964= $1435964

Discount on bonds payable 610964/11=  $55542

Cash 16600000*11%*6/12=   $913000‬

(To record discount amortized and interest paid)  

c) Interest expense 825000+55542=  $880542  

Discount on bonds payable 610964/11=   $55542

Cash 16600000*11%*6/12=   $913000  

Download xlsx
5 0
2 years ago
Cala manufacturing purchases a large lot on which an old building is located as part of its plans to build a new plant. the nego
Ivanshal [37]
Cost of Land:Purchase price for land: 264,000Purchase price for old building : 159,000Demolition cost for old building: 32,000Cost to fill and level lot: 47,304Total cost of Land:  502,304


Cost of new building and Land improvementCost of new building: 1,232,100Cost of land improvements: 77,774Total construction cost:  1,309,874

Land (Debit 502,304)Land improvement (Debit 77,774)Building (Debit 1,232,100)Cash (Credit 1,812,178)
5 0
3 years ago
Which of the following provides the best example of a systematic-risk event? A. A strike by union workers hurts a firm's quarter
shutvik [7]

Answer:

C.

Explanation:

From the various options listed, the one that would be considered a systematic-risk event would be if the Federal Reserve increases interest rates 50 basis points. This is mainly because this event would cause various entire markets to be affected, as increasing the reserve interest rates causes the value of the country's currency to devalue and become more expensive to make purchases as well as obtain loans. Therefore affecting a wide range of entire markets throughout the country.

8 0
2 years ago
Companies Heidee and Leaudy are virtually identical in that they are both profitable, and they have the same total assets (TA),
ale4655 [162]

Answer:

e. Company Heidee has a higher ROE than Company Leaudy.

Explanation:

Return on equity measures how well the management of a business uses owner's equity to get returns. It is calculated by dividing net income by owner's equity.

That is

ROE= Net Income ÷ Owner's equity

Considering the accounting equation

Asset= Liability + Owner equity

Owner equity= Asset - Liability

From the equation when a company that take on more debt owner's equity will reduce.

The effect of reduction in owner's equity on Return on Equity is that it will increase the ratio, since owner's equity is the denominator.

In this scenario both companies have the same profit margin so if company Heidee has higher debt ratio it follows that it also has a higher ROE than Company Leaudy

3 0
3 years ago
Other questions:
  • What's the main advantage of establishing per-item prices on an order and pricing form?
    13·2 answers
  • Fast Rocket, Inc. generated a net loss of $5,000 in its first year (2018) and taxable income of $15,000 in its second (2019). As
    8·1 answer
  • In a perfectly competitive market, the process of entry and exit will end when (i) accounting profits are zero. (ii) economic pr
    7·1 answer
  • Some companies want to get their products into as many outlets as possible. These companies understand that the more exposure th
    9·1 answer
  • Melodyâs Piano School operations for the month of May were limited to the following transactions:1. Provided $500 of instruction
    10·1 answer
  • A. Was Apple wrong for not complying with the FBI’s request?
    14·1 answer
  • What is business activity?​
    7·1 answer
  • How does a speaker choose the tone of a speech?
    9·1 answer
  • Gus has applied for a home equity line of credit from his federally insured bank so that he can make some renovations to his kit
    11·1 answer
  • Three law partners form a Cross-Purchase Buy and Sell agreement. This agreement is funded with individual life insurance. How ma
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!