All categories

2 years ago

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

Business

1 answer:

MakcuM [25]2 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%

You might be interested in

What does this picture reminds you of a nightmare of give 2-4 sentences

valkas [14]

This picture reminds me of a nightmare regarding the red stuff coming out of its eyes. Another reason this image I consider a nightmare is because the face of the image is scary looking in some way.

3 0

2 years ago

Read 2 more answers

6. A radio station that carries news, features, and editorial opinions about

professor190 [17]

Answer:

Explanation:

Al part of communication

5 0

2 years ago

What type of budget is used to forecast income and expense over some period of years?

taurus [48]

A stabilized budget is used to forecast income and expense over some period of years.

<h3>What is A stabilized budget?</h3>

A budget that forecasts income and expenses over a short period of time, typically five years, is considered steady. a property's rent roll. can be used to calculate the potential annual rental income of a property.

After construction or a large refurbishment, the projected rental income, cost, or Net Operating Income Example: Stabilized income was predicted two years after an office building opened.

Thus, A stabilized budget is used to forecast income and expense

For more details about stabilized budget, click here:

brainly.com/question/12499375

#SPJ4

8 0

1 year ago

What is the best advice for you to follow when writing a persuasive claim message?

svet-max [94.6K]

It must be debatable. Hope this helps

3 0

3 years ago

2. Prepare a direct materials purchases budget for chemicals for the months of January and February. Do not include a multiplica

Tpy6a [65]

Answer:

Purchases Budget for January 238,590 units

Purchases Budget for February 233,131 units

Dollar Purchases Budget for January $ 477,180

Dollar Purchases Budget for February $ 466,264

Explanation:

Patrick Inc.

Direct Materials Purchases Budget -

January February

Production in units 43,800 41,000

Gallons per unit 5.5 5.5

Gallons for production 240,900 225,500

Desired ending inventory 33,825 41,456

Needed 274,725 266,956

Less: Beginning inventory 36,135 33,825

Purchases 238,590 233,131

Price per gallon $ 2.00 $ 2.00

Dollar purchases $ 477,180 $ 466,264

Direct Materials Purchases budget is calculated by calculating the gallons per unit which is added to desired ending inventory and beginning inventory is deducted. The purchases units are multiplied with price per unit.

4 0

3 years ago