Answer:
Contribution margin per unit = $250
Contribution margin ratio = 55.56%
Explanation:
The computations are shown below:
Contribution margin per unit = Sale price per unit - variable cost per unit
= $450 - $200
= $250
Contribution margin ratio would be
= (Contribution margin per unit) ÷ (Sale price per unit) × 100
= ($250) ÷ ($450) × 100
= 55.56%
And, the contribution margin income statement for may month is presented below:
Sales (225 bikes × $450) $101,250
Less: Variable cost (225 bikes × $200) ($45,000)
Contribution margin $56,250
Less: Fixed expenses per month ($40,000)
Net income $16,250
The answer is Pool Cleaning Systems. The relevant market product is Pool Cleaning System. It is engineered to clean the entire pool, including floors, steps, benches, even spas. Nozzles pop up consecutively to direct a power jet of water to direct debris towards the MDX-R3 drain.
I think the answer to this is A. True
Hope this helped.
Answer:
Monthly
Explanation:
Since it is mentioned in the question that the saving account that pays every month than it would be said it is monthly interest period
It also can be semi annual or six months, quarterly i.e. three months, and the one year i.e annually
So in the given case it is a monthly interest period and the same is to be considered
