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3 years ago

The following information exists for ABC Company:

Business

1 answer:

Vladimir [108]3 years ago

4 0

Answer:

Difference= $1,000 increase

Explanation:

Giving the following information:

Selling price per unit: $30

Variable expenses per unit: $21

New selling price= 30 - 2= $28

New units sales= 13,000

First, we need to calculate the current contribution margin:

Total contribution margin= units sold*unitary contribution margin

Total contribution margin= 10,000*(30 - 21)

Total contribution margin= $90,000

Now, the new contribution margin:

Total contribution margin= 13,000*(28 - 21)

Total contribution margin= $91,000

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3 years ago

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2 years ago

According to the producer price index database maintained by the Bureau of Labor Statistics, the average cost of computer equipm

Alika [10]

Answer:

2015 37.7

2016 12.9

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Computation of the times interest earned ratios for 2016 and 2015

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