Answer:
$12
Explanation:
Contribution margin is the net of sale amount and variable cost. It is the amount of return available to recover the fixed cost and make profit from after that for the business.
Selling price = $30
Only Variable manufacturing cost and Selling commission is consider as variable costs for the calculation of contribution margin because $4 per unit administrative cost is calculated on the current level of activities, it will not remains the same.
Variable manufacturing cost = $15
Selling commission = $30 x 10% = $3 per unit
Total Variable cost = $15 + $3 = $18
Contribution margin per unit = Selling price - Variable costs = $30 - $18 = $12
Answer:
The answer is: $600
Explanation:
Ellison Inc.'s total sales for the year were $18,000. By the end of the year $12,000 had been paid in cash and $6,000 still remained as accounts receivable. Out of those $6,000, the credit manager estimates 10% will be be noncollectible, that amounts to $600 ($6,000 x 10%).
Answer:
$1,002,000
Explanation:
The costs incurred on the share for share exchange include the fair value per share ,issue costs,direct cost as well as contingent consideration(consideration based on the acquired business performance.
However,the costs eligible to be recorded as investment upon acquisition are the fair value per share and the contingent obligation as shown below:
Fair value (entire shares) $50*20,000=$1,000,000
fair value of potential obligation =$2000
total value of investment $1,002,000
The issue costs and direct should be expensed immediately.
Answer:
The correct answer is: B. Bountiful and expected to continue to grow.
The tourism and hospitality industry is a fast growing and developing industry, so in the future, it is expected to grow, and become more bountiful.
Let me know if this helps!
Answer:
D) Lifestyle
Explanation:
Lifestyle can mean way of life or habit. Devon enjoys outdoor recreational activities, this can be described as her way of life, thus, her lifestyle.
If she was influenced by her occupation, she would have considered what she does before buying her car.
If she was influenced by her age, she would have considered her age when buying the car.
If she was influenced by her economic situation, she would have considered money and if the car is too expensive or cheap when buying the car.
I hope my answer helps you
