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Alecsey [184]
3 years ago
10

Pedregon Corporation has provided the following information: Cost per UnitCost per Period Direct materials$ 6.35 Direct labor$ 3

.75 Variable manufacturing overhead$ 1.50 Fixed manufacturing overhead $ 15,000 Sales commissions$ 0.50 Variable administrative expense$ 0.55 Fixed selling and administrative expense $ 4,500 If the selling price is $20.60 per unit, the contribution margin per unit sold is closest to:
Business
1 answer:
sergij07 [2.7K]3 years ago
7 0

Answer:

$ 7.95

Explanation:

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

Sales price$ 20.60

Less: VARIABLE COSTS

Direct material$ 6.35

Direct labor$ 3.75

Variable manufacturing overheads$ 1.50

Sales commission$ 0.50

Variable admin expenses$ 0.55

Total Variable costs$ 12.65

Contribution margin$ 7.95

($20.60-$12.65)

Therefore the the contribution margin per unit sold is closest to:$ 7.95

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Uchimura Corporation has two divisions: the AFE Division and the GBI Division. The corporation's net operating income is $11,500
HACTEHA [7]

Answer:

$114,100

Explanation:

Data provided:

corporation's net operating income = $11,500

FE Division's divisional segment margin = $80,100

GBI Division's divisional segment margin = $45,500

Now,

the total segment margin

= ( FE Division's divisional segment margin ) + ( GBI Division's divisional segment margin )

on substituting the respective values, we get

the total segment margin = $80,100 + $45,500 = $125,600

Thus,

the common fixed expense not traceable to the individual divisions will be calculated as:

= the total segment margin -corporation's net operating income

on substituting the respective values, we get

= $125,600 - $11,500

= $114,100

5 0
3 years ago
Which of the following statements is CORRECT?
Mamont248 [21]

Answer: c. If their maturities and other characteristics were the same, a 5% coupon bond would have more price risk than a 10% coupon bond.

Explanation:

Price risk of a bond is the risk that the bond changes price or rather the degree of price volatility. Bond prices change in reaction to market interest rates with higher rates meaning lower prices and lower rates meaning higher prices.

When the market interest rates rise above the Coupon on a bond, the bond price will fall below par and when the interest rates are below the coupon, the bond will be above par.

A 5% coupon bond will be more prone to changes in prices because market interest rates are generally low and fluctuate below 10% which means that they will affect the 5% bond more than the 10% because there are better chances of rates rising above or falling below 5% than there are of 10%.

4 0
2 years ago
Patty and tina were exposed to the mumps at school. neither patty nor tina has ever had the mumps before, but several years ago
Mumz [18]
I think would be most susceptible to have mumps is the Patty. <span>
</span><span>If we review the conditions: Tina had mumps vaccine; her mother had mumps before; baby sister was breastfed, which is not a protection for mumps, and Patty wasn't vaccinated but was the one who had contact with the person who has mumps. Patty was the most vulnerable.</span>

<span>The main reasons for mumps are through situations where saliva was able to be passed. </span><span> Such situations were sneezing, coughing, food sharing, plate use, kissing, and touching the nose or mouth of people with mumps.</span>
3 0
2 years ago
Read 2 more answers
An investor was looking at a sixteen-unit apartment building. Four of the units rented for $600, four for $750, four for $725, a
tankabanditka [31]

Answer:

$1,545,000

Explanation:

The formula to compute the cost of the building equal to

Rate of return = (Rental income - expenses) ÷ (cost of building )

where,

Rate of return = 8%

Rental income equals to

= ($600 × 4 units + $750 ×  4 units + $725 × 4 units + $800 × 4 units) ×  12 months

= $138,000

Total expense

= $1,200 ×  12 month

= $14,400

Now the cost of building would be

8% = ($138,000 - $14,400) ÷ (cost of building )

8% = $123,600

So, the cost of building equal to $1,545,000

6 0
3 years ago
All of the other options that are given up when a business makes one choice over another are called
ycow [4]
The correct answer is A.
4 0
3 years ago
Read 2 more answers
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