1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
motikmotik
3 years ago
10

ABC Company sells several products. Information of average revenue and costs is as follows: Selling price per unit $34 Variable

costs per unit: Direct material $6 Direct manufacturing labor $2.40 Manufacturing overhead $0.80 Selling costs $3.20 Annual fixed costs $78,000 The company sells 12,000 units at the end of the year. The contribution margin per unit is ________.
Business
1 answer:
adelina 88 [10]3 years ago
6 0

Answer:

Contribution margin per unit= $21.6

Explanation:

Giving the following information:

Selling price per unit $34

Variable costs per unit:

Direct material $6

Direct manufacturing labor $2.40

Manufacturing overhead $0.80

Selling costs $3.20

<u>The contribution margin is calculated by deducting from the selling price all the variable components:</u>

Contribution margin per unit= selling price - total unitary variable cost

Contribution margin per unit= 34 - 6 - 2.4 - 0.8 - 3.2

Contribution margin per unit= $21.6

You might be interested in
TASHA WANTS TO BE A DOCTOR WITCH CTSO SHOULD SHE JOIN
prisoha [69]
  It depends on how it fits into her schedule. If she has toddlers that don't go to school and is a single mom,no. If she is single and has no other interests,then yes.
4 0
3 years ago
What is the average variable cost of producing 200 units per month?
Marianna [84]
The average variable cost is 2400 because if you multiple 200 times 12 you will get 2400
8 0
3 years ago
The natural rate of unemployment is
Brilliant_brown [7]

Answer:

The correct answer is option c.

Explanation:

The natural rate of unemployment is the unemployment rate that exists in a heathy economy. When the unemployment rate is equal to natural rate, the economy is considered to be at full employment.

It includes only structural and frictional unemployment, cyclical unemployment is not included.

6 0
3 years ago
What do different jobs in the marketing career cluster have in common?
DENIUS [597]

B- sales of goods and services

8 0
3 years ago
Read 2 more answers
Kyzera manufactures, markets, and sells cellular telephones. The average total assets for Kyzera is $250,000. In its most recent
love history [14]

Answer:

1. 26%

2. YES

3. $410,000

4. $250,000

Explanation:

1. Return on Assets = Net Profits/ Total Assets = 65,000/250,000 = 26%

2. Return on Assets should be beyond satisfactory for Kyzera because its performance is better than that of the industry average which is 12%

3. Total expenses for Kyzera can be derived from the formula: Total Revenue - Total Expenses = Net Profit.

Therefore 475,000 - Total expenses = 65,000.

Total expenses = 475,000 - 65,000 = $410,000

4. The average total amount of liabilities plus equity can be derived from the balance sheet equation that states that TOTAL ASSETS = EQUITY+LIABILITIES.

Therefore liabilities plus equity = $250,000

8 0
3 years ago
Other questions:
  • What is the definition of shortage in economics
    13·1 answer
  • Doubling the circumference of an oil pipeline more than doubles the volume of oil that can be pumped through. This strategy is c
    8·1 answer
  • Tanesha sells homemade candles over the Internet. Her annual revenue is $64,000 per year, the explicit costs of her business are
    10·1 answer
  • If Department H had 500 units, 60% completed, in process at the beginning of the period, 6,000 units were completed during the p
    5·1 answer
  • Pinewood Company purchased two buildings on four acres of land. The lump-sum purchase price was $2,000,000. According to indepen
    5·1 answer
  • Following are transactions for Valdez Services, a company owned by Brina Valdez. A. Brina Valdez invested $20,000 cash in the co
    15·1 answer
  • Your firm needs to invest in a new delivery truck. the life expectancy of the delivery truck is five years. you can purchase a n
    11·1 answer
  • ABC Company listed the following data for the current year:
    5·1 answer
  • a marketer must understand potential buyers’ needs and wants to be able to address and satisfy them. there are two key questions
    12·1 answer
  • Evaluate each of the following transactions in terms of their effect on assets, liabilities, and equity. 1. Buy $15,000 worth of
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!