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3 years ago

TB MC Qu. 03-111 A manufacturer of cedar shingles...

Business

1 answer:

MakcuM [25]3 years ago

7 0

Answer:

A. 42%

Explanation:

Given the above information,

Contribution margin ratio = (Selling price - Unitary variable cost) / Selling price

Selling price = $2,122,200 / 262,000 = $8.1

Total variable cost = Variable manufacturing expense $975,200 + Variable selling and administrative expense $260,400 = $1,235,600

Unitary variable cost = $1,235,600 / 262,000 = $4.72

Contribution margin ratio = (8.1 - 4.72)/8.1 = 41.73% = 42%

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Starfun Toys, Inc. Cost of Materials Number of toys produced Total cost of materials 60,000 $18,000 120,000 36,000 150,000 45,00

givi [52]

Answer:

B $0.30

Explanation:

There are three levels of output of materials,to determine the cost per unit of material,one needs to divide the quantity of material by the cost in $ of the material.This is further illustrated below:

$18,000/60000units=$0.30

$36000/120000units=$0.30

$45000/150000units=$.30

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3 years ago

"The media doesn't tell us what to think, but it tells us what to think about" describes the _____ function of the media.

poizon [28]

<span>The media doesn't tell us what to think, but it tells us what to think about describes the agenda-setting function of the media. The media often portrays, good or bad, information in a way they want the general public to think about it. The information we hear about is because of the media deciding it should be sought to our attention. Agenda-setting is the function of the media in which they bring public awareness to different concerns. </span>

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4 years ago

Beckham Broadcasting Company (BBC) has operating income (EBIT) of $2,500,000. The company's depreciation expense is $500,000 and

Bad White [126]

Answer:

BBC's free cash flow is $1,000,000.

Explanation:

Free cash flow is the cash a company generates from its business activities after deducting the cash flows from operations and capital assets. The free cash flow is given by the formula below:

= EBIT × (1 -Tax Rate) + Depreciation & Amortization - Net investment

The parameters are available in the question, what needs to be done is to input those numbers as follows:

Free cash flow = $2,500,000 x (1 - 40%) + $500,000 - $1,000,000

Applying the basic BODMAS rule, you have

Free cash flow = $1,500,000 + $500,000 - $1,000,000

Therefore, BBC's free cash flow is $1,000,000.

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3 years ago

Wozniacki and Wilcox form Jewel LLC, with each receiving a one-half interest in the capital and profits of the LLC. Wozniacki re

timofeeve [1]

Answer:

Recognize the $50,000 as a compensation income received.

Explanation:

The reason is that the Compensation of $50,000 that Wozniacki received for the services that he previously used to render which means this whole amount received must be recognized as income.

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3 years ago

As the Managing Director of SXSW, Roland Swenson sells advertising to other businesses in an effort to promote SXSW’s music fest

valina [46]

Answer:

Sales promotion

Explanation:

Sales promotion is the process of convincing the customer to buy products. It uses short term tactics to boost sales and can be directed at the customer, sales staff, or distribution channel members.

Sales promotion is one aspect of the promotional mix.

Promotional mix is made up of advertising, personal selling, direct marketing, and public relations.

Managing Director of SXSW, Roland Swenson sells advertising to other businesses in an effort to promote SXSW’s music festival and the other companies’ products. This is a business to business sales promotion.

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4 years ago

Read 2 more answers