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balandron [24]
3 years ago
6

Tirri Corporation has provided the following information: Cost per UnitCost per PeriodDirect materials$ 7.05 Direct labor$ 4.20

Variable manufacturing overhead$ 1.55 Fixed manufacturing overhead $ 23,500Sales commissions$ 1.15 Variable administrative expense$ 0.40 Fixed selling and administrative expense $ 7,900 If the selling price is $27.20 per unit, the contribution margin per unit sold is closest to:
Business
1 answer:
Kazeer [188]3 years ago
8 0

Answer:

Contribution margin per unit= $12.85

Explanation:

Giving the following information:

Direct materials$ 7.05

Direct labor$ 4.20

Variable manufacturing overhead$ 1.55

Sales commissions $ 1.15

Variable administrative expense$ 0.40

<u>To calculate the contribution margin, we need to use the following formula:</u>

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

Contribution margin per unit= 27.2 - (7.05 + 4.2 + 1.55 + 1.15 + 0.4)

Contribution margin per unit= $12.85

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What is a power grid?
Sindrei [870]

Answer:

What is a power grid?

C) Transmission lines and transformers that take and send electricity from generating facilities to end users

Explanation:

A power grid is a system of interconnected transmission lines and transformers that takes electricity from the producers to the consumers. The power grid is very important in the supply of electricity to consumers. Before power is to be transmitted to the consumers, it has to be generated. Traditionally, the conventional way of generating power was from central power stations that utilized sources like; fossil fuels, coal and natural gas. In the recent past, however, more advancements have been made towards more clean energy sources like; wind, geothermal and hydroelectricity. Clean energy sources have several benefits over the traditional sources of energy, like; they don't cause harm to the environment and also they are renewable since they can be used over and over without depletion.

Once the energy has been harnessed and converted to electricity, it needs to be transmitted. The network for transmission to the consumers is what makes up the power grid. Transmission is usually done at very high voltage to minimize losses. However, before providing it the consumers, the electricity needs to be converted to a low voltage by the use of transformers for domestic and commercial consumption.

6 0
3 years ago
Read 2 more answers
Gdp excludes most items that are produced and sold illegally and most items that are produced and consumed at home because
nataly862011 [7]

Answer:

Gdp excludes the most of items that are produced and sold illegally and also most of the items that are produced and consumed at home because the products which are illelegal are not sold under government policies and are not authorised.

Explanation:

GDP: It is been referred as the total value of all the goods and services which has been produced for the marketplace within one year's period and within our national borders.

Measurment of GDP:  

  • It will record only the value of final output of goods no intermediate goods are included in it.
  • The output here is valued only at its market prices.
  • It measures the values of both tangible and intangible services.
  • It measures the values of goods which are produced within the geographic boundaries of country.

Where this GDP is countable:

It is countable only where the products are produced in economy and are being sold legally in the markets.

Excludes the products being sold illegally.

3 0
3 years ago
Assume that the expected future dividends (D) at end of periods 1,2, and 3, as well as the expected future price (P) at end of p
MariettaO [177]

Answer:

$66.9725

Explanation:

Data provided in the question:

Dividend:

D1 = $1.20

D2 = $1.40

D3 = $1.55

Expected future price, P3 = $82

Required return = 8.9 percent = 0.089

Now,

Stock price today = Present value of dividends and the future value

Stock price today = \frac{1.20}{(1+0.089)}+\frac{1.40}{(1+0.089)^2}+\frac{1.55}{(1+0.089)^3}+\frac{82}{(1+0.089)^3}

or

Stock price today = 1.1019 + 1.1805 + 1.2001 + 63.49

or

Stock price today = $66.9725

8 0
3 years ago
If government purchases increase by $10 billion and the economy's mpc is. 8, the aggregate demand curve will shift _____
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If government purchases increase by $10 billion and the economy's MPC is. 8, the aggregate demand curve will shift <u>rightward by $50 billion at each price level.</u>

<u />

A series of markets where goods and services are exchanged, facilitated by capital, combine to make an economy. These networks exist at a local, national and global level. Economies can take many exclusive forms, focus on various priorities, and feature distinct levels of government intervention.

Financial issues influence our everyday lives. This consists of problems such as tax and inflation, interest rates and wealth, inequality and emerging markets, and energy and the environment. Economic systems can be categorized into four major types: traditional economies, command economies, mixed economies, and market economies.

<u />

learn more about government here brainly.com/question/1078669

#SPJ4

<u />

5 0
2 years ago
When there few close substitutes available for a​ good, demand tends to be
e-lub [12.9K]
B. relatively inelastic
8 0
4 years ago
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