Answer:
$2.3 per unit
Explanation:
Calculation for company's unit contribution margin
First step is to calculate the Contribution margin using this formula
Contribution margin = Sales revenue - Variable manufacturing expenses - Variable selling and administrative expenses
Let plug in the formula
Contribution margin = $1,010,500 - $416,000 - $54,000
Contribution margin = $540,500
Now let calculate the Contribution margin per unit using this formula
Contribution margin per unit = Contribution margin / Cement tons
Contribution margin per unit = $540,500 / 235,000
Contribution margin per unit =$2.3 per unit.
Therefore company's unit contribution margin is $2.3 per unit
Answer:
$17,688 unfavorable
Explanation:
The computation of the variable efficiency variance is shown below:
Variable efficiency variance = (Actual hours - standard hours) × standard rate
= (2,700 hours - 200 units × 6.8 hours) × $13.20
= (2,700 hours - 1,360 hours) × $13.20
= 1,340 hours × $13.20
= $17,688 unfavorable
Since the actual hours is more than the standard hours so it would leads to unfavorable variance
Answer:
Culture of a country can adversely affect the business
Explanation:
The culture of a country affects the costs of doing business in that country in the following ways -
a) In some countries, companies prefer to not work during the afternoon and hence they loose a large segment of business
b) Some countries entertain corruption practices and hence business do not flourish in such countries.
c) The pattern of working of government officials in a country affect the way in which an outsider entrepreneur is affected. The bad practices lower the ease of doing business and hence the business is lost
Answer:
$3200 favorable
Explanation:
We have given range of number of production = 40000 units
So average of number of units 
Variable cost = $2 per unit
So total variable cost = 40000×$2 = $80000
Fixed overhead = $72000
Budgeted overhead for actual production = Variable overhead +Fixed overhead = $80000+$72000 = $152000
Actual total overhead cost = $148,800
Total overhead controllable cost variance = Budgeted overhead - Actual overhead
= $152,000 - $148,800 = $3,200 favorable.
Answer:
a) unemployment rate = 15
b) unemployment rate = 2.5
Explanation:
unemployed people are those who are willing and available to work and have actively been seeking a job in the past four weeks. This accurately describes the 12 people who are willing, able and looking for work but cannot find jobs. To calculate the unemployment rate in percentage, the following formula is used:

Where:
a) Number of unemployed = 12
Labour force = 80 (number of people over 16 years of age)

b) if 10 of the unemployed people get discouraged and give up looking for work, the number of unemployed becomes 2 persons, (12 - 10 = 2).
