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pshichka [43]
2 years ago
6

Madison Corporation sells three products (M, N, and O) in the following mix: 3:1:2. Unit price and cost data are: M N O Unit sal

es price $ 16 $ 11 $ 13 Unit variable costs 10 9 10 Total fixed costs are $533,000. The contribution margin per composite unit for the current sales mix (round to the nearest cent) is:
Business
1 answer:
Xelga [282]2 years ago
5 0

Answer:

Madison Corporation

The contribution margin per composite unit for the current sales mix is:

= $26.

Explanation:

a) Data and Calculations:

Products                    M            N            O

Current sales mix      3             1             2

Unit sales price      $16         $11          $13

Unit variable costs   10            9            10

Unit contribution    $6          $2           $3

Contribution margin per

composite unit    $18          $2           $6

=                      ($6 * 3)   ($2 * 1)    ($3 * 2)

b) The contribution margin per composite unit is computed as the addition of the contribution margin per composite unit for each product.  Each product's contribution margin per composite unit is calculated as the contribution per unit multiplied by the sales mix for each product.

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If nominal wages fall which of the following will occur in the short run? The SRAS curve will shift to the right The SRAS curve
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Answer:

The SRAS curve will shift to the right.

Explanation:

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7 0
3 years ago
*Marking brainliest for the first right answer*
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Answer:

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3 years ago
Variable costs as a percentage of sales for Lemon Inc. are 80%, current sales are $600,000, and fixed costs are $130,000. How mu
Stels [109]

Answer:

$8000 (increased)      

Explanation:

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5 0
3 years ago
A company had 6,950,000 net income for the year. Is net sales were 14,700,000 for the same period. Calculate its profit margin.
kobusy [5.1K]
0.46 or 46% hope this helps
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Answer:

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8 0
3 years ago
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