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horrorfan [7]
3 years ago
10

A cement manufacturer has supplied the following data:

Business
1 answer:
Vesnalui [34]3 years ago
8 0

Answer:

d. $2.10 per unit

Explanation:

Calculation for What is the company's unit contribution margin

First step is to calculate the Variable cost using this formula

Variable cost = Variable Manufacturing Expenses + Variable Selling & Administrative Expenses

Let plug in the formula

Variable cost = $297,000 + $165,000

Variable cost = $462,000

Second step is to calculate Total Contributiom Margin using this formula

Total Contributiom Margin=Sales – Variable Cost

Let plug in the formula

Total Contributiom Margin= $924,000 - $462,000

Total Contributiom Margin= $462,000

Now let calculate Unit Contribution Margin using this formula

Unit Contribution Margin= Total Contribution Margin/Total number produced and sold cement

Let plug in the formula

Unit Contribution Margin = $462,000 / 220,000 Unit Contribution Margin= $2.10 per unit

Therefore the Unit Contribution Margin will be $2.10 per unit

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Swifty Corporation acquires a delivery truck at a cost of $43,000. The truck is expected to have a salvage value of $9,000 at th
zhuklara [117]

Answer:

The depreciation exp for the first year will be 4250 and second will be the same 4250

Explanation:

First we have to subtract the salvage value from the cost of the truck as the method assumes

43000-9000=34000

Second we have to divide the amount we got already by the estimated useful life

34000/8=4250 the dep amount for the first year

Every year we have to do the same process as shown above to get the dep exp amount

4 0
3 years ago
ABC Manufacturing employs some of the top professionals in its field, and because of their skills and experience, ABC is highly
andrew-mc [135]

Answer:

competitive advantage

Explanation:

A competitive advantage is the ability of a company to perform better than its competitors based on a unique value it offers to consumers. For example exclusive access to a resource, low pricing of same goods with competitors, highly skilled labour, geographic location, and brand recognition.

ABC manufacturing employs top professionals, so it is leveraging on its highly skilled labour to get competitive advantage in the industry.

5 0
3 years ago
Functional strategy is the set of activities that each _________ will pursue in order to help the firm accomplish its competitiv
jeka94

Answer:

department or functional area

Explanation:

Three types of strategies are identified in the management system: corporate strategy; functional strategy; of agricultural units

strategy.

1) Corporate strategy - defines perspective development of the enterprise as a whole. It focuses on the mission of the enterprise and serves the ultimate goal of the enterprise - maximizing profit. Choosing the type of economic activity at the level of the corporate strategy, maintaining the long-term competitive advantage of the enterprise; The most important issues, such as the allocation of resources across the strategic areas of the mirror, are addressed by senior managers.

2) The functional strategy of the enterprise is formed by the main functional units in each activity area, we can call these units as departments or functional areas too. Functional strategies are used in the following areas: marketing, production, finance, personnel, investment and innovation. Functional strategy of the enterprise is aimed at deeper study of its corporate strategy (realization of the main purpose of the enterprise) and provision of resources of separate economic units. Functional division managers are involved in the development of strategies for key functional units.

3) Business unit strategy - (business strategy usually serves two purposes - competitive advantage of a specific product and increase of its profitability. Business management in the new region, etc. At this level, managers and managers of business units are involved in the development of strategies, advice and assistance of managers in the development of corporate strategy.

3 0
3 years ago
Dinklage Corp. has 6 million shares of common stock outstanding. The current share price is $72, and the book value per share is
lawyer [7]

Answer:

The book value per share is $7 and there are a total of 6 million shares which means in order to find the equity value of the company we need to multiply the book value per share and the total number of shares.

So the value of equity is $42 million

The debt of the company is 70 million plus 50 million = $120 million

The total capital of the company is 120 million plus 42 million = $162 million

The Equity/Value = 42/162=0.2592=25.92%

The Debt/Value= 120/162=0.7407= 74.07%

Explanation:

4 0
3 years ago
The desirability curve will show the desirability scores of all other possible consequences once connected after plotting the de
Colt1911 [192]

Answer: a. True

Explanation:

The desirability function method is used in industrial sectors in order to make multiple response processes efficient. It is solely due to the idea that a product has multiple quality characteristics and one of them could be outside desired limits which is completely unacceptable. The method provides the desirable response value.

On the desirable curve, the desirability score of some responses/ consequences are plotted. When these are connected, other possible responses/consequences desirability curve is shown.

6 0
3 years ago
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