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stealth61 [152]
3 years ago
12

g Tirri Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.30 Direct labor $

3.45 Variable manufacturing overhead $ 1.35 Fixed manufacturing overhead $ 24,000 Sales commissions $ 1.10 Variable administrative expense $ 0.65 Fixed selling and administrative expense $ 8,400 If the selling price is $27.70 per unit, the contribution margin per unit sold is closest to: Multiple Choice $13.85 $16.95 $10.40 $6.55
Business
1 answer:
elixir [45]3 years ago
6 0

Answer:

$13.85

Explanation:

Calculation for what the contribution margin per unit sold is closest to:

Selling price $27.70 per unit,

Less Direct materials ($ 7.30)

Less Direct labor ($ 3.45)

Less Variable manufacturing overhead ($ 1.35 )

Less Sales commissions ($ 1.10)

Less Variable administrative expense ($ 0.65)

Contribution margin per unit sold $13.85

Therefore the contribution margin per unit sold is closest to: $13.85

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The comparison of two things using like or as
oksano4ka [1.4K]
A comparison between two things<span> that does </span>use<span> "like" or "as" is a simile </span>
5 0
4 years ago
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Item 3Item 3 Cutter Enterprises purchased equipment for $87,000 on January 1, 2018. The equipment is expected to have a five-yea
Rus_ich [418]

Answer:

$27,400 and $59,600

Explanation:

The computation of the depreciation expense and the book value using the sum of-the-years'-digits method is shown below:

Depreciation expense is

= (Purchase cost - residual value) × useful life ÷ sum of years

= ($87,000 - $4,800) × 5 years ÷ (5 + 4 + 3 + 2 + 1)

= $27,400

And, the book value is

= Purchase cost - depreciation expense

= $87,000 - $27,400

= $59,600

8 0
3 years ago
Game Guys, Inc. needed a special silicon substrate. The company executives knew a new start-up in India, Silicon Sisters, Inc.,
Dmitriy789 [7]

Answer:

Countertrading

Explanation:

Countertrading refers to the exchange of goods and services between companies without the exchange of money. it can be described as a fancy, modern and large scale form of bartering.

In this case, Silicon Sisters (an Indian company) will exchange gaming hardware from Game Guys (an American company) in order to obtain metallurgical grade silicon from a Chinese company. Silicon Sisters will then sell silicon substrate to Game Guys in exchange for money and products.

8 0
3 years ago
Four Seasons Hotels sell private residences in several of their properties and send direct mail to prospective residents asking
SVEN [57.7K]

Answer:

lead generation.

Explanation:

Lead generation -

It refers to the process of generating the interest of consumers regarding any goods and services , is referred to as lead generation .

The method is useful in the field of marketing , as it increases the possibility of the consumers buying the product and hence , increases the sale , which in turn is profitable to the company .

The method of lead generation is the part of advertizing or publicizing the goods and services .

Hence , from the given scenario of the question ,

The correct answer is lead generation .

7 0
3 years ago
The partnership of Hendrick, Mitchum, and Redding has the following account balances: Cash $ 53,000 Liabilities $ 38,000 Noncash
krok68 [10]

Answer:

$45,600

Explanation:

Particulars                                                                         Amount

Redding capital                                                                $18,000

Potential loss of non-cash Assets (138,000*20%)         <u>$27,600</u>

Maximum amount contributed by Redding, Capital  <u>$45,600</u>

So, the maximum amount that Redding might have to contribute to this partnership because of the deficit capital balance is $45,600.

3 0
4 years ago
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