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MrRissso [65]
2 years ago
12

Gourmet Aroma Coffee House has an exclusive contract with Columbia exporters. Two brands of gourmet coffee are imported, Morning

Thunder (MT) and Evening Tender (ET). The following data are provided for the current fiscal year: Budgeted Operating Results MT ET MT ET Price per pound $ 40 $ 60 $ 50 $ 56 Variable cost per pound 20 36 24 40 Sales (in pounds) 4,000 4,000 3,960 5,040 The total market was estimated to be 80,000 pounds at the time of budget. The actual total market for the year is 75,000 pounds. What is the total contribution margin sales volume variance
Business
1 answer:
Marina86 [1]2 years ago
8 0

Answer:

$24,160 favorable

Explanation:

The computation of the total contribution margin sales volume variance is given below:

The Budgeted contribution margin per pound of MT is

= $40 - $20

= $20 per pound

Now the budgeted contribution margin per pound of ET is

= $60 - $30

= $24  per pound

MT's contribution margin sales volume variance is

= (Actual sales quantity - Budgeted sales quantity) × Budgeted contribution margin per pound

= (3960 - 4000) × $20

= $800 Unfavorable

ET's contribution margin sales volume variance is

= (Actual sales quantity - Budgeted sales quantity) × Budgeted contribution margin per pound

= (5,040 - 4000) × $24

= $24,960 favorable

Now the total contribution margin sales volume is

= $800 unfavorable + $24,960 favorable

= $24,160 favorable

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Aleks [24]

1800 units are the reorder point.

Option B. 1800 units.

Reorder Point = Maximum usage rate × Maseimutin lead time.

-> In given the Mancimum Sells of 900 hard drives.

Per week is the Maximum usage rate

and

Purchase order Lead time. 2 weeks is the maximum  Lead time

is maximum

So

Reorder Point = 900 x 2

Reorder Point. = 1800 unit

A reorder point (ROP) is a specific level at which inventory needs to be replenished. That means it will tell you when to order so you don't run out of stock.

Reorder Point formula is Lead Time Requirement + Safety Stock. Of course, to do an accurate calculation, you need to determine your lead time and safety stock needs.

Berkshire Ltd. sells 900 hard drives per week. Purchase-order lead time is 2 weeks and the economic-order quantity is 1625 units. What is the reorder

a. 1625 units

b. 1800 units

C. 1450 units

d. 3250 units

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3 0
1 year ago
Hawaiian Airlines will hire more workers as it expands its fleet. The new hirings are a welcome sign for​ Hawaii's economy, whic
frozen [14]

Answer:

The answer is 24,904.

Explanation:

Solution

Given that:

Now,

The unemployment rate =( unemployment/labor force) * 100

Thus,

Unemployment  =( unemployment/labor force) * 100

In May 2008, unemployment = (4 * ​ 622,600 )/100 = 2,490,400/100

=24,904

In May 2009, unemployment = ( 7 *  602,000)/100 =4,214,00/100

=42,140

So,

Number of employed people = 2009 unemployment  - 2008 unemployment = 42,140 - 24,904

=17,236

Therefore the of unemployed people in may 2008 is 24,904.

3 0
3 years ago
Rudyard Corporation had 240,000 shares of common stock and 24,000 shares of 6%, $100 par convertible preferred stock outstanding
defon

Answer:

$1.90 per share

Explanation:

The computation of the diluted earning per share is shown below:

Diluted earning per share = Net income ÷ Weighted number of outstanding shares

where,

Net income is $680,000

And, the Weighted number of outstanding shares is

= 240,000 + 24,000 × 5

= 240,000 + 120,000

= 360,000 shares

So, the diluted EPS is

= $680,000 ÷ 360,000 shares

= $1.90 per share

We simply applied the above formula

8 0
3 years ago
In the best-selling book, Good to Great, the author examined the characteristics of eleven successful companies by studying the
Anestetic [448]
Answer: Case Study. Hope I helped <3
3 0
3 years ago
A man buys a racehorse for ​$20 comma 00020,000 and enters it in two races. He plans to sell the horse​ afterward, hoping to mak
Step2247 [10]

Answer:

<h2>A man buys a racehorse for $20,000 and enters it in two races. He plans to sell the horse afterward, hoping to make a profit. If the horse wins both races, its value will jump to $100,000. If it wins one of the races, it will be worth <em>$50,000.</em></h2>

Explanation:

7 0
3 years ago
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