Answer:
Contribution margin = $192300
Explanation:
The term contribution margin per unit refers to the amount of money contributed by each unit towards covering the fixed costs of the company after accounting for all the related variable costs. In other words, this is the amount of money left from selling price per unit after deducting all the variable costs per unit from the selling price.
The contribution margin is the difference between the sales revenue and the total variable costs of the company. The formula for contribution margin is,
Contribution margin = Sales - Total Variable costs
Contribution margin = 406000 - (175800 + 25200 + 12700)
Contribution margin = $192300
Answer:
The amount of amortized organizational expenses for the year 2013 would be $6,333 ( approximately )
Explanation:
First of all the important point here to note is that while calculating the amortized organizational cost we only include the legal fee for drafting the corporate charter and not the commission paid to underwriter or cost incurred while selling the stock.
In the legal fee for corporate charter too there are limitations , as only $50,000 are allowed as total expenditure to be amortized over a period of 15 years or 180 months. Where for the first year the limitation allowed is $5000 and rest of the amount would be amortized over 180 months.
So $45,000 - $5000 = $40,000
$40000 / 180 = $222.22
Now multiplying this by 6 months as the operations of company began on 1 July , 2013,
$222.22 x 6 = $1333.32
Now adding this amount to $5000 will give us the total amortized organizational expense,
$5000 + $1333.32 = $6,333.32
= $6,333 ( approximately )
According to Alan Blinder, 11% of companies reported economies of scale. economies of scale mean the cost of production decreases with the increase in the production output. According to Alan Blinder monopoly companies and other big companies with huge production units enjoy economies of scale
Economies of scale refer to the phenomenon in which the average cost per unit of output decreases as the size or scale of the output produced by a firm increases.
This is an example of a natural monopoly. The most efficient number of companies is one. Further economies of scale arise when manufacturing complex products such as automobiles. The manufacturing process involves various complex steps.
There are two types of economies of scale: internal economies of scale and external economies of scale. Internal economies of scale are firm-specific or internally created, while external economies of scale arise from larger changes outside the firm. Both lead to a lower marginal cost of production, but the net effect is the same.
Learn more about economies of scale here: brainly.com/question/780900
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Answer:
Barton
$3 million is classified as short-term in the December 31 financial statements.
Explanation:
Note Payable:
The notes payable due on February 28 had only two months to mature by December 31. Therefore, the amount of $3 million is classified as short-term in the December 31 financial statements.
A short-term debt is a debt that is due for payment within the next 12 months. With a notes payable of $3 million that is due for payment on February 28, the whole amount is classified as short-term. The current year's notes payable of $2.4 million would be classified as long-term debt since it would be due in 5 years' time.
Answer:
92002-92012
Explanation:
The full meaning of CPT is Current Procedural Terminology. The Current Procedural Terminology is owned by the American Medical Association and it is used by them
Current Procedural Terminology is a set of medical codes that is used to report procedures carried out for medical, surgical and diagnostic reasons.
Current Procedural Terminology also reports medical, surgical and diagnostic services carried out on patients to Physician and Medical Insurance companies.
Current Procedural Terminology codes is divided into three. They are:
a. Surgical codes
b. Adjunctive Ophthalmology Codes
c. Evaluation and Management Codes
92002-92012 are the two CPT codes that are used for Review of history, external examination, ophthalmoscopy, biomicroscopy for an acute complicated condition (eg, iritis) not requiring comprehensive ophthalmological services.