Answer:
Contribution margin per unit = $45.90
Contribution margin as sales percentage = 43.97%
Explanation:
As for the information provided we have,
Normal Sales = Normal sales per month, before the overseas order.
For such normal sales, the cost and sales data has been provided,
Selling price per unit = $104.40
Variable costs = Direct material + Direct Labor + Variable Manufacturing + Variable selling & Administrative
= $43.80 + $10.40 + $1.90 + $2.40 = $58.50
Contribution margin per unit = Selling price - Variable cost per unit = $104.40 - $58.50 = $45.90
Contribution margin as sales percentage =
43.97%
Answer:
The correct answer is letter "D": Custom-furniture manufacturers.
Explanation:
Job-order costing is a method in which the costs are being assigned and accumulated as long as each unit of production is completed. Industries using job-order costing methods tend to have controlled levels of production and each unit manufactured is different enough from others and each of them has a significant cost.
Thus, <em>custom furniture manufacturers are businesses where using the job-order costing method could be useful.</em>
Even though there was a miscommunication in the sale, Jones did not know that the stone was a diamond before selling it and Smith can easily say he did not know it was either. If Jones had taken the stone and received other opinions on it, he may have gotten more money but because he sold the stone, there is nothing he can take action on Smith for.
Answer:
The correct answer to the following question will be Option D (The firm should expect the demand curve to shift to the left).
Explanation:
- In a competitive market only at the long-run rate are going down for the company as new competitors come in the market others for the company seeking to that the profit.
- Then if business reduces its cost certain company in the industry reduce too as they make limited benefits in that industry as well as for the effect of which quantity of going down and supply, therefore, reduce so companies production curve moves to the left.
The other choice is not per the specified scenario. And the response to the above seems to be the right one.