The contribution margin per unit is 4809.52.
<h3>What is the contribution margin?</h3>
Contribution margin is the level of output at which revenue would equal zero.
Contribution margin = fixed cost / (price - variable cost)
909,000 / (420 - 231)
909,000 / 189 = 4809.52
To learn more about contribution margin, please check: brainly.com/question/14902120
#SPJ1
Answer: 16.9697%
Explanation:
Sales = $165 million
Assets in beginning of year = $280 million
Assets return on start of the year = 10%
Operating Profit = 28
= 16.9697%
Answer: a. a credit to Accounts Payable.
Explanation:
When paying off a note, cash will be used so cash will have to be credited to show that it is decreasing.
Interest expense will be debited by the interest accumulated on the loan because expenses are debited when they increase.
Notes Payable will be debited to show that the note has now been retired.
There is no credit for Accounts payable involved in this transaction.
Answer:
$1,305,600
Explanation:
Date of acquisition = Jan, 1 2016
Cost of purchase = $1,904,000
Initial useful life - 15 years
Initial amortization - 1904000/14
= $126,933
Date of review of amortization policy -2019
Accumulated amortization before 2019 -126,933.33*3=380800
Remaining useful years at December 2019 7
Amortization in 2019 =1904000-380800/7 =217,600
Carrying value at December 2019 = 1904000 - (380800 +217600) =1305600 Please note that change in amortization policy can only be applied progressively and not retrospectively
The future amount in the account (Roth IRA) is equal to: D. $180,488. 86.
<u>Given the following data:</u>
To determine the future amount in the account:
Mathematically, the compound interest for this Roth IRA is given by the formula:
<u>Where:</u>
- t is the number of years.
Substituting the given parameters into the formula, we have;
A = $180,488.86
Read more on compound interest here: brainly.com/question/25263325
