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Ad libitum [116K]
3 years ago
6

Barclay Enterprises manufactures and sells three distinct styles of bicycles: the Youth model sells for $440 and has a unit cont

ribution margin of $175; the Adult model sells for $990 and has a unit contribution margin of $520; and the Recreational model sells for $1,140 and has a unit contribution margin of $570. The company's sales mix includes: 5 Youth models; 9 Adult models; and 6 Recreational models. If the firm's annual fixed costs total $6,640,000, calculate the firm's selling price per composite unit.
Business
1 answer:
Tanya [424]3 years ago
4 0

Answer:

$21,370

Explanation:

A composite unit is a set of different products grouped together in proportion to their sales mix. The unit is a basis for grouping products from different segments of an entity together with the aim of managing inventory levels, break even points, and sales.

The selling price of the composite unit can be calculated as follows:

||Bicycle model |No. of bicycles |Unit selling price |Total per composite unit

|Youth models| 5                         | 440                     |   2,200

|Adult models|   9                        | 990                     |   8,910

|Recreational models| 6              | 1,140                    |  <u>10,260</u>

                Selling price per composite unit               <u>21,370</u>

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Answer:

a. Esteem.

Explanation:

Geraldo is talking about his new job with his brother. He says he likes this job better than his previous jobs because now he feels respected. He has always felt a need to feel this way at work, and now he finally does. Geraldo is describing how his job meets his need for esteem. This can be well defined by the Maslow’s Theory  which is also known as “Hierarchy of Needs Theory”. Maslow recognized that every human contains the hierarchy of five needs as illustrated below.  

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4 0
3 years ago
Read 2 more answers
It is unethical to ask employees to work longer hours to get a project completed on time.
dimaraw [331]

No.  There are times where some projects are so important that they need to be finished as soon as possible.  You have to make sure that employees will be compensated for their work when they do so.  Make sure that the company follows proper guidelines in doing overtime.

5 0
2 years ago
Billy Longstreet bought a new car and was a bit uncertain about whether or not he had done the right thing. Two days after he pu
Nonamiya [84]

Answer:

dissonance

Explanation:

Based on the information provided within the question it can be said that this attempt seemed to be aimed at reducing dissonance. This term refers to holds two or more contradictory beliefs, ideas, or values. Which in this scenario, the salesman makes this comment in order to see if Billy was satisfied and knew that his purchase was a good one. If Billy were to decide to sell the car to one of those interested buyers then it is likely because he does not know its value.

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3 years ago
(Evaluating profitability​) Last​ year, Stevens Inc. had sales of ​$397,000​, with a cost of goods sold of ​$115,000. The​ firm'
amm1812

Answer:

(A) Income statemnt for year ended 2XX9

sales                          397,000

COGS                        (115,000)

gross profit                282,000

operating expenses (125,000)

income before taxes 157,000

income tax expense (53,380)  <em>34% of 157,000</em>

Net Income               103,620

(B) Profit Margin 26.10%

(C) non-sufficent information

Explanation:

(A)

the dividends and retained earnings are not part of the income statment.

(B)

profit margin:

net income / sales = 103,620/397,000 = 0.261007556 = 26.10%

(C) non-sufficent information

8 0
2 years ago
Adams Corp., a merchandising company, has 30,000 units in its inventory on December 31. Just before closing for the day, the com
meriva

Answer:

28,000 Units

Explanation:

The inventory that we actually have possession or the point at which the risk and reward associated with the inventory are shifted towards the company then it must recognize it. So this means, the inventory that is ordered and yet not received on board and hence must not be included in the inventory.

Closing Inventory = Opening Inventory + Inventory Received  -  Inventory Despatched

Here

Inventory Received is Zero Units

Inventory Despatched is 2,000 Units

Opening Inventory  30,000 Units

By putting the values, we have:

Closing Inventory = 30,000 Units   +  0 Units  -   2,000 Units

Closing Inventory = 28,000 Units

6 0
3 years ago
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