A! Hope this was helpful for you.
The order is infraction being the least serious, misdemeanor, and then felony.
Answer:
$218,400
Explanation:
The computation of contribution margin is here below:-
Units Cost per unit Total
Sales 6,000 $88 $528,000
Less:
Variable production cost 6,000 $40.8 $244,800
Variable selling and
administrative costs 6,000 $10.8 $64,800
Contribution margin $218,400
Therefore the we multiplied the sale unit with cost per unit, in the similar way we multiplied the Variable production cost unit with cost per unit and Variable selling and administrative costs with cost per unit to reach the contribution margin.
Answer: The new confidence index is 0.7143
Explanation: Consumer confidence index which is known as the confidence index is an index used for estimating the economy of the U.S, it is published by the conference board which shows the decree of excitement in peoples's activities on their savings and spendings.
To calculate the new confidence index;
STEP1: Add the bond increase to the current bond;
6% + 1% = 7%
4% + 1% = 5%
STEP 2: FIND THE NEW CONFIDENCE INDEX
5% ÷ 7% = 0.7143
The old confidence index can also be calculated as
4% ÷ 6% = 0.6667
