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Ad libitum [116K]
4 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]4 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: The amount you value the first movie + $3

Explanation:

Opportunity cost is the cost of the next best alternative foregone. It can be expressed as the value of the good you loose. If the person decides to see the new release with his friend, he is foregoing the value of the previous movie that he wanted to watch as well as loosing the value of the coupon ($3) which is valid for the other movie only. Thus, his opportunity cost is the amount you value the first movie + $3.

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3 years ago
Managerial accounting is different from financial accounting in that: Multiple Choice Managerial accounting is more focused on t
miss Akunina [59]

Answer:  Managerial accounting includes many projections and estimates whereas financial accounting has a minimum of predictions.

Explanation: Managerial accounting is the type of accounting under which the managers use the accounting estimates and make several assumptions to make decisions that can affect future results of business operations.

Under financial accounting recording, summarizing and presentation of data in a financial statement is done. It is used to keep track of the past transactions hence no assumptions are needed to make for important aspects.

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3 years ago
For the most recent year, Camargo, Inc., had sales of $594,000, cost of goods sold of $255,330, depreciation expense of $67,900,
defon

Answer: 2.61 times

Explanation:

Times Interest ratio = Earnings before Interest and Tax / Interest

Earnings before Interest and tax = Sales - Cost of goods sold - Depreciation expenses

= 594,000 - 255,330 - 67,900

= $270,770

Net Income = Addition to retained earnings + Total dividends paid

Net income = 80,300 + ( 27,500 * 1.64)

= $125,400

Earnings before tax = Net Income/ ( 1 - T)

= 125,400/ ( 1 - 0.25)

= $167,200

Interest = Earnings before interest & tax (EBIT) - Earnings before tax (EBT)

= 270,770 - 167,200

= $103,570

Times Interest ratio = 270,770 / 103,570

= 2.61 times

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4 years ago
Jackie is an advertiser who wants to reach people by using both remarketing and Shopping ads. What’s the best targeting strategy
Alexus [3.1K]

Answer:

The correct answer is "create separate remarketing and shopping campaigns"

Explanation:

Jackie can use remarketing in a shopping campaign. However, it’s an excellent option, separate the campaigns with different natures (Like this case). Probably, Segregation is adequate to manage perfectly the campaign

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3 years ago
Under market organization, individuals can communicate their preferences to other decision makers directly, through communicatio
frez [133]

Answer:

2. False

Explanation:

Market organization refers to the ways goods and services are bought and sold in the market.

Under market organization, individuals can communicate their buying decisions and their preferences and tastes directly to their peers and known ones which eventually affects the latter's decision making. This is a direct way of communication.

Similarly, another form of communication would be indirect wherein an individual conveys his/her choice of with whom they want to transact with rather than their preferences. Here the communication is indirect and this is a realistic possibility.

Hence the given statement is false.

3 0
4 years ago
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