Answer:
D) neither I nor II
Explanation:
Yearly or Annual renewable term insurance (ART) is a specific type of life insurance policy that offers the individual life insurance for a set amount of years following the signing of the insurance policy. Therefore based on this information it can be said that neither of the statements listed in the question are true.
The correct answer for the question that is being presented above is this one: E. One reason that Chinese peasants were ready to rebel is that the emperor had used them as forced labor to achieve his goals. <span>B. The Sui dynasty reunited China in the sixth and seventh centuries by combining existing laws into a single legal code. </span>
The contribution margin per unit is $7.4.
<h3>What is
the contribution margin?</h3>
The contribution margin is the percentage of a product's sales revenue that isn't consumed by variable costs and goes toward paying the firm's fixed expenses.
One of the main components of break-even analysis is the idea of contribution margin.
Labor-intensive businesses with limited fixed expenses typically have low contribution margins, whereas capital-intensive, industrial corporations typically have high contribution margins.
Contribution margin per unit = Revenue per Unit ₋ Variable Expenses per Unit.
Contribution margin per unit = $23.55 ₋ $16.15
Contribution margin per unit = $7.4
Therefore, the contribution margin per unit is $7.4.
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Answer: $6,435
Explanation:
Manufacturing overhead is applied at a rate of 110% of direct labor costs.
Direct labor costs:
= Budgeted number of boxes to be produced* number of direct labor hours required * employee salary per hour
= 1,170 * 0.50 * 10
= $5,850
Manufacturing overhead is 110% of this:
= 5,850 * 110/100
= $6,435
Answer:
Unitary contribution margin= $8
Explanation:
Giving the following information:
Sales $ 20,000
Variable expenses 12,000
Contribution margin 8,000
<u>To calculate the unitary contribution margin, we need to use the following formula:</u>
Unitary contribution margin= total contribution margin / total units
Unitary contribution margin= 8,000 / 1,000
Unitary contribution margin= $8
