Jayleen Company makes two products: Carpet Kleen and Floor Deodorizer. Operating information from the previous year follows. Carpet Kleen Floor Deodorizer Units produced and sold 6,000 5,000 Machine hours used 6,000 2,000 Sales price per unit $ 8 $ 13 Variable cost per unit $ 6 $ 10 Fixed costs of $38,000 per year are presently allocated equally between both products. If the product mix were to change, total fixed costs would remain the same. The contribution margin per machine hour for Floor Deodorizer is:

Answers

Answer 1

Answer:

$7.50 per machine hour

Explanation:

Calculation to determine what The contribution margin per machine hour for Floor Deodorizer is:

First step is to calculate the CM

CM = $13 – 10

CM= $3/ unit

Second step is to calculate Hours/ unit

Hours/ unit= 2,000 / 5,000

Hours/ unit= 0.4 hours

Now calculate the contribution margin per machine hour

Contribution margin per machine hour=$3/ 0.4 hours

Contribution margin per machine hour= $7.50 per machine hour

Therefore The contribution margin per machine hour for Floor Deodorizer is:$7.50 per machine hour


Related Questions

Discuss how work plays part in the work situation?​

Answers

Answer:

Why is work important?

The status of work in contemporary societies is the result of a long historical process. It is not only an indispensable means of enhancing individual senses of usefulness and belonging, but also of providing financial means. Work is also central in several other dimensions, namely in its role as a socialising mechanism, as a source of social exchanges, and individual identities. Thus, work can be seen as the pillar of social organisation, but also, to a large extent, as an important pillar of the existential organisation of individuals. It is a fundamental feature in many dimensions of social integration, such as health, housing, and interpersonal networks. Hence, the relevance of Work Integration Programmes (WIP) aimed at improving the condition of vulnerable groups.

Let's summarise the importance of work both at the individual and the societal level:

For individuals, work is an important feature in structuring: personal and social identity; family and social bonds; ways of making money, and thereby accessing a number of essential and non-essential goods, services and activities; daily routines; level of activity; physical and mental well-being; self-confidence and self-esteem; a sense of self-worth provided by the feeling of contributing to society or the common good

For societies, work is an important feature in: promoting community cohesion and safety; increasing civic participation; reducing public spending in a range of welfare benefits (provided, of course, that work is performed in a decently paid job); promoting social and economic development; organising social life at a macro level

When success in these dimensions is challenged WIPs become more important. The relevance of WIPs is made even more acute when both macro and microstructural conditions create obstacles to the positive role of work. These must be carefully considered:

Macrostructural conditions: the current European crisis, reflected in the rise of unemployment and job precariousness; the transformation of work ethics that has been going on over the past few decades: as jobs become increasingly precarious, subject to sudden change or elimination, individuals have a decreased sense of security, commitment and loyalty towards their jobs and each other (see: Public Policy).

Microstructural conditions: work is not, by itself, synonym with integration. Indeed, precarious, unappealing, dangerous, low-paid and low-status jobs relegate individuals to the margins of society.

Yet, despite these current conditions, work is still a central piece in our societies, and a crucial factor in the social integration of vulnerable groups.

5. A neighborhood sportswear store sells a pair of Nike sneakers for $40. Due to the recent fitness craze, these shoes are in high demand: 50 pairs of shoes are sold per week. The ordering cost is $20/order, and the annual holding cost is 20 percent of selling price. If the store operates 52 weeks a year, what can you say about the current lot size of 235

Answers

Answer: Too large

Explanation:

Thw following information can be gotten from the question:

d = 50 pairs per week

S = ordering cost = $20 per order

H = holding cost = 20% × $40 = $8

n = 52 weeks

D = Annual demand = 50 × 52 = 2600

We'll then calculate the economic order quantity which will be:

= ✓2DS/H

= ✓2×2600×20/8

= ✓13000

= 114 units

Therefore, the current lot size of 235 is too large

Ocean Company estimated that April sales would be 150,000 units with an average selling price of $6.00. Actual sales for April were 149,000 units, and average selling price was $6.12. The sales revenue flexible budget variance was: A. $6,120 favorable. B. $17,880 favorable. C. $6,000 unfavorable. D. $17,880 unfavorable.

Answers

Answer:

B. $17,880 favorable.

Explanation:

Sales revenue flexible budget variance = (149,000 units × $6.12 per unit) − (149,000 units × $6.00 per unit)

Sales revenue flexible budget variance = $911,880 − $894,000 = $17,880 favorable

Since actual sales were greater than the flexible budget amount, the variance is favorable.

QUICK IM BEING TIMED!! AND PLS NO LINKS!!
Using the MyFico.com website (learn about scores), research what is in My Score and produce a poster or presentation on how a FICO score breaks down and what that means to the consumer.

Answers

Answer:

What? i dont understand

Explanation:

A player in a game theoretic model is: a. anyone working for a firm that is operating strategically b. a firm that is operating as a perfect competitor c. a decision-making entity at a firm involved in a strategic game d. a monopolist who produces a unique product with no close substitutes e. a stockholder at a firm involved in a strategic game

Answers

Answer:  c. a decision-making entity at a firm involved in a strategic game

Explanation:

In a theoretical game, there are two players that have to embark on different strategies such that they make the maximum payoff. This maximum payoff strategy is known as the dominant strategy.

These two players are the decision making entities in the firms that are competing in the game because they are the ones that decide how the firm should react and what strategy to use. For instance, the owners of the two bakeries down the street are the players because they control what either bakery will do.

what are types of government​

Answers

The answer is
Democracy
Communism
Socialism
Oligarchy
Aristocracy
Monarchy
Theocracy
Colonialism
Totalitarianism
Military Dictatorship

Giorgio Italian Market bought $6,600 worth of merchandise from Food Suppliers and signed a 90-day, 8% promissory note for the $6,600. Food Supplier's journal entry to record the collection on the maturity date is: (Use 360 days a year.) Multiple Choice Debit Cash $6,732; credit Notes Receivable $6,732 Debit Notes Receivable $6,600; credit Cash $6,600 Debit Cash $6,600; debit Interest Receivable $132; credit Sales $6,732

Answers

Answer:

Debit Cash $6,732; Credit Interest Revenue $132; Credit Notes Receivable $6,600

Explanation:

Based on the information given the appropiate journal entry to record the collection on the maturity date is:

Debit Cash $6,732

Credit Interest Revenue $132

Credit Notes Receivable $6,600

Calculated as:

Interest = $6,600 × 0.08 × 90/360

Interest= $132

Maturity Value = $6,600 + $132

Maturity Value = $6,732

Looking forward to next year, if Digby’s current cash amount is $17,478 (000) and cash flows from operations next period are unchanged from this period and Digby takes ONLY the following actions relating to cash flows from investing and financing activities:
Issues $2,000 (000) of long-term debt
Pays $4,000 (000) in dividends
Retires $10,000 (000) in debt
Which of the following activities will expose Digby to the most risk of needing an emergency loan?
a. Purchases assets at a cost of $25,000 (000)
b. Sells $10,000 (000) of their long-term assets
c. Liquidates the entire inventory
d. Pays a $5.00 per share dividend

Answers

Answer:

d

Explanation:

Purchases assets at a cost of $15,000 (000)

Repurchases $10,000 (000) of stock

Issues 100 (000) shares of common stock

Sells $7,000 (000) of long-term assets

Select the true statement about interest rate risk. It stems from the fact that bond prices and market interest rates are inversely correlated. It is the risk that a bond's coupon payment will fall if market interest rates fall. Interest rate risk is particularly problematic for investors who do not wish to sell their bonds. Shorter-term bonds are more sensitive to interest rate risk than longer-term bonds.

Answers

Answer:

The correct answer is the first option: It stems from the fact that bond prices and market interest rates are inversely correlated.

Explanation:

To begin with, the term known as "Interest Rate Risk" refers to the number that specifically shows the relation that exists between an investment that is planning to take place and another investment that is already having place, meaning that it focus on the potential for investment losses that result from a change in interest rates. Therefore that, in the field of microeconomics, it is understood that it will reflex the fact that when the interest goes up the price of actual investments like bond will go down and that is why it stems from the fact that bond prices and market interest rates are inversely correlated.

Mar. 2 Issued 5,000 shares of $6 par value common stock to attorneys in payment of a bill for $35,600 for services performed in helping the company to incorporate.
June 12 Issued 61,900 shares of $6 par value common stock for cash of $440,900.
July 11 Issued 2,075 shares of $120 par value preferred stock for cash at $140 per share.
Nov. 28 Purchased 1,600 shares of treasury stock for $82,500.

Required:
Journalize all the transactions.

Answers

Answer:

Mar. 2

Debit  : Attorney Expense $35,600

Credit : Common Stock (5,000 shares  x $6) $30,000

Credit : Paid In Excess of Par $5,600

June 12

Debit  : Cash $440,900

Credit : Common Stock (61,900 shares  x $6) $371,400

Credit : Paid In Excess of Par $69,500

July 11

Debit  : Cash (2,075 shares x $140) $290,500

Credit : Preferred Stock (2,075 shares x $120) $249,000

Credit : Paid in excess of par (2,075 shares x $20) $ 41,500

Nov. 28

Debit  : Treasury Stock $82,500

Credit : Cash $82,500

Explanation:

With par value shares, we have a reserve called Paid in excess of par. This reserve serves to accommodate all payments made above the par values of shares issued.

Under its executive stock option plan, W Corporation granted options on January 1, 2018, that permit executives to purchase 15 million of the company's $1 par common shares within the next eight years, but not before December 31, 2020 (the vesting date). The exercise price is the market price of the shares on the date of grant, $18 per share. The fair value of the options, estimated by an appropriate option pricing model, is $4 per option. No forfeitures are anticipated. The options are exercised on April 2, 2021, when the market price is $21 per share. By what amount will W's shareholder's equity be increased when the options are exercised? Group of answer choices $315 million. $60 million. $270 million. $330 million.

Answers

Answer:

$315 million

Explanation:

Calculation to determine what amount will W's shareholder's equity be increased when the options are exercised

(millions)

Cash $270

($18 exercise price x 15 million shares)

Paid-in capital – stock options (account balance)$60

(4*$15million shares)

Less Common stock $15

(15 million shares at $1 par per share)

Paid-in capital—excess of par (remainder)$315

Therefore The amount that W's shareholder's equity will be increased when the options are exercised is $315 million

Seidman Company manufactures and sells 20,000 units of product X per month. Each unit of product X sells for $17 and has a contribution margin of $8. If product X is discontinued, $45,000 in fixed monthly overhead costs would be eliminated and there would be no effect on the sales volume of Seidman Company's other products. If product X is discontinued, Seidman Company's monthly income before taxes should:

Answers

Answer:

Effect on income= $115,000 decrease

Explanation:

Giving the following information:

Fixed costs= $45,000

Number of units= 20,000

Unitary contribution margin= $8

To calculate the effect on income, we need to use the following formula:

Effect on income=  decrease in fixed costs - decrease in contribution margin

Effect on income= 45,000 - 20,000*8

Effect on income= $115,000 decrease

Using these data from the comparative balance sheet of K. Leen Company, perform vertical analysis.
December 31, 2020 December 31, 2019
Amount Percentage Amount Percentage
Accounts Receivable $400,000 $400,000
Inventory 864,000 600,000
Total Assets 3,200,000 3,000,000

Answers

Answer and Explanation:

The vertical analysis is presented below:

Comparative Balance Sheet

Particulars Dec 31, 2020      Percentage    Dec 31, 2019            Percentage

(a)                      [(a) ÷ $3200000] × 100 (b)   [(b) ÷ $3000000] ×100

Accounts

receivables $400,000            12.5%             $400,000                  13.3%

Inventory        $864,000             27.0%           $600,000                   20.0%

Total Assets  $3,200,000          100.0%           $3,000,000              100.0%

On March 1, Bartholomew Company purchased a new stamping machine with a list price of $87,000. The company paid cash for the machine; therefore, it was allowed a 5% discount. Other costs associated with the machine were: transportation costs, $3,000; sales tax paid, $6,520; installation costs, $1,850; routine maintenance during the first month of operation, $2,900. What is the cost of the machine

Answers

Answer:

$94,020

Explanation:

Calculation for the cost of the machine using the formula below:

Cost of the machine = New stamping machine - (New stamping machine × Discount percentage) + Transportation + Sales tax + Installation

= $87,000 - ($87,000 × 5%) + $3,000 + $6,520 + $1,850

= $87,000 - $4,350 + $3,000 + $6,520 + $1,850

= $94,020

Therefore, cost of the machine is $94,020

Year 1 2 3 4 5 Free Cash Flow ​$22 million ​$26 million ​$29 million ​$30 million ​$32 million General Industries is expected to generate the above free cash flows over the next five​ years, after which free cash flows are expected to grow at a rate of ​% per year. If the weighted average cost of capital is ​% and General Industries has cash of ​million, debt of ​million, and 80 million shares​ outstanding, what is General​ Industries' expected current share​ price?

Answers

Answer:

$7.78

Explanation:

Calculation to determine what is General Industriesʹ expected current share price

First step is to calculate the FCF6

FCF6 = $32 million × (1 + 0.05)

FCF6= $33.6 million

Second step is to calculate the V5

V5 = $33.6 million / (0.09 - 0.05)

V5= $840 million

Third step is to calculate V0 using financial calculator

V0 = 652.45 million

Now let calculate expected current share price

P0 = $(652.45 + 15 - 45) million / 80 million

P0 = $7.78

Therefore General Industriesʹ expected current share price is $7.78

Poodle Corporation was organized on January 3, 2018. The firm was authorized to issue 100,000 shares of $5 par common stock. During 2018, Poodle had the following transactions relating to shareholders' equity: Issued 30,000 shares of common stock at $7 per share. Issued 20,000 shares of common stock at $8 per share. Reported a net income of $100,000. Paid dividends of $50,000. What is total paid-in capital at the end of 2018? Group of answer choices $420,000. $320,000. $370,000. $470,000.

Answers

Answer:

$370,000

Explanation:

Calculation to determine total paid-in capital at the end of 2018

Using this formula

2018 Ending total paid-in capital =(Shares of Common stock*per Shares)+ (Shares of common stock*per Shares)

Let plug in the formula

2018 Ending total paid-in capital=(30,000 × $7) + (20,000 × $8)

2018 Ending total paid-in capital=$210,000+$160,000

2018 Ending total paid-in capital= $370,000

Therefore total paid-in capital at the end of 2018 is $370,000

Batteries, Offshore Wind Lead Clean Energy Cost Cuts As Renewables by Mike Scott Batteries, Offshore Wind Lead Clean Energy Cost Cuts As Renewables Continue To Undercut Coal And Gas Batteries can store energy from solar or wind farms for use when the wind is not blowing or the sun is not shining. The transition to a low-carbon energy system is a few steps closer after two technologies that were immature and hugely expensive only a few years ago saw spectacular gains in cost-competitiveness in the last year. New research from Bloomberg NEF (BNEF) shows that the cost of lithium-ion batteries has fallen by 35% over the past year to $187/MWh, while the cost of offshore wind is almost a quarter (24%) lower than this time 12 months ago.
Meanwhile, the costs of installing the more established technologies of onshore wind and photovoltaic (PV) solar also continued to fall. The levelized cost of energy for onshore wind projects starting construction at the start of this year was $50/MWh, 10% lower than a year ago, while solar projects are 18% cheaper at 57/MWh.
Elena Giannakopoulou, head of energy economics at BNEF, commented: "Looking back over this decade, there have been staggering improvements in the cost-competitiveness of these low-carbon options, thanks to technology innovation, economies of scale, stiff price competition and manufacturing experience.
"Our analysis shows that the LCOE per megawatt-hour for onshore wind, solar PV and offshore wind have fallen by 49%, 84% and 56% respectively since jobs that coal-and gas-fired power stations and nuclear, currently do.
Battery energy storage co-located with solar and wind farms are starting to be competitive with coal and gas power, even without subsidies, in providing "dispatchable power" that can be delivered when it is needed, rather than only at the time it is being generated when the wind is blowing or the sun is shining. Battery storage can provide back-up power for renewable projects for anything from one to four hours at a time, BNEF says. Tifenn Brandily, energy economics analyst at BNEF, said: "Solar PV and onshore wind have won the race to be the cheapest sources of new 'bulk generation' in most countries, but the encroachment of clean technologies is now going well beyond that, threatening the balancing role that gas-fired plant operators, in particular, have been hoping to play." The advance of offshore wind is also hugely significant, because the technology has long been seen as an expensive generation option in the near term compared to onshore wind or solar PV, although it was hoped that in time the possibility of using bigger turbines and floating platforms, coupled with the stronger and steadier winds at sea would lead to sharp cost reductions. But those costs have come down much more quickly than forecast thanks to technological advances, larger turbines and auction programs for new capacity - offshore wind is now below $100/MWh globally, with some European projects coming in well below that, compared to more than $220 just five years ago. Siemens Gamesa has just announced its 10MW turbines will be used in the world's first subsidy-free offshore wind project, Vattenfall's Hollandse Kust Zuid 1 & 2 scheme. "The low prices promised by offshore wind tenders throughout Europe are now materializing, with several high-profile projects reaching financial close in recent months. Its cost decline in the last six months is the sharpest we have seen for any technology,"Giannakopoulou said.
What type of cost are batteries for the renewable-energy industry?
A. explicit cost.
B. variable cost.
C. implicit cost.
D. fixed cost.
E. marginal cost.

Answers

Answer: A. Explicit cost.

D. Fixed cost

Explanation:

The type of cost which batteries are for the renewable-energy industry is explicit cost and fixed cost. Explicit costs refers to the business costs which appear in the general ledger. It should be noted that they've direct impact on the company's profit. Examples include utilities, raw materials, salaries, lease payments, etc.

When running a business, explicit cost is the direct payment that's made to others, such as rent, wage and materials. Batteries are an explicit cost as they're incurrIn the industry of renewable energy, batteries are used to save the energy produced and thus the cost of batteries are incurred in the daily production. Hence, it is an explicit cost since it's incurred for daily production.

Fixed costs are those costs that doesn't vary with the production level. Since the energy produced has to be stored in batteries, then it is a fixed cost as it doesn't vary with the production level.

Which of the following adjustments to convert net income to net cash provided by operating activities is incorrect? Add to Net Income Deduct from Net Income A. Accounts Receivable decrease increase B. Prepaid Expenses increase decrease C. Inventory decrease increase D. Accounts Payable increase decrease

Answers

Answer:

B. Prepaid Expenses increase decrease

Explanation:

When the net income would be converted to net cash provided by operating activities so the above answer would be held incorrect

As the correct adjustment would be when there is decrease in the prepaid expense so the same would be added to the net income and when it increased so the same would be deducted from the net income

Therefore, the option b is correct

Hence, the other options would be incorrect

The daily operations of a corporation involved in producing and selling its product, generating revenues, as well as fundamental management and software maintenance, are referred to as operating activities.  Fabrication, marketing, promotion, and branding are all important aspects of a company's operations.

The correct answer that is not in the context of the operating activities is  B. Prepaid Expenses increase decrease

When net income is converted to net cash generated by operational operations, the answer given above is erroneous.

As the appropriate correction, when the prepaid expense lowers, it is credited to the net revenue, and when it grows, it is removed from the net earnings.

Therefore, option b is the correct answer.

To know more about the adjustments of the operating activities, refer to the link below:

https://brainly.com/question/25656124

Analysis of Transactions Charles Chadwick opened a business called Charlie's Detective Service in January 20--. Set up T accounts for the following accounts: Cash; Accounts Receivable; Office Supplies; Computer Equipment; Office Furniture; Accounts Payable; Charles Chadwick, Capital; Charles Chadwick, Drawing; Professional Fees; Rent Expense; and Utilities Expense. The following transactions occurred during the first month of business. Record these transactions in T accounts. After all transactions are recorded, foot and balance the accounts if necessary. (a) Invested cash in the business, $30,369. (b) Bought office supplies for cash, $379. (c) Bought office furniture for cash, $5,320. (d) Purchased computer and printer on account, $8,118. (e) Received cash from clients for services, $2,850. (f) Paid cash on account for computer and printer purchased in transaction (d), $3,615. (g) Earned professional fees on account during the month, $9,322. (h) Paid cash for office rent for January, $1,303. (i) Paid utility bills for the month, $889. (j) Received cash from clients billed in transaction (g), $6,442. (k) Withdrew cash for personal use, $2,823.

Answers

Answer:

Charlie's Detective Service

T-accounts:

Cash

Account Titles                         Debit         Credit

Charles Chadwick, Capital $30,369

Office supplies                                           $379

Office furniture                                         5,320

Professional Fees                  2,850

Accounts Payable                                     3,615

Rent Expense                                            1,303

Utilities Expense                                         889

Accounts Receivable            6,442

Charles Chadwick, Drawing                  2,823

Balance                                              $25,332

Totals                                $39,661   $39,661

Accounts Receivable

Account Titles              Debit         Credit

Professional Fees      $9,322

Cash                                             $6,442

Balance                                        $2,880

Office Supplies

Account Titles              Debit         Credit

Cash                              $379

Computer Equipment

Account Titles              Debit         Credit

Accounts Payable      $8,118

Office Furniture

Account Titles              Debit         Credit

Cash                                             $5,320

Accounts Payable

Account Titles              Debit         Credit

Computer and printer                 $8,118

Cash                           $3,615

Balance                     $4,503

Charles Chadwick, Capital

Account Titles              Debit         Credit

Cash                                             $30,369

Charles Chadwick, Drawing

Account Titles              Debit         Credit

Cash                         $2,823

Professional Fees

Account Titles              Debit         Credit

Cash                                               $2,850

Accounts Receivable                       9,322

Balance                       $12,172

Rent Expense

Account Titles              Debit         Credit

Cash                           $1,303

Utilities Expense

Account Titles              Debit         Credit

Cash                            $889

Explanation:

a) Data and Analysis:

(a) Cash $30,369 Charles Chadwick, Capital $30,369

(b) Office supplies $379 Cash $379

(c) Office furniture $5,320 Cash $5,320

(d) Computer and printer $8,118 Accounts Payable $8,118

(e) Cash $2,850 Professional Fees $2,850

(f) Accounts Payable $3,615 Cash $3,615

(g) Accounts Receivable $9,322 Professional Fees $9,322

(h) Rent Expense $1,303 Cash $1,303

(i) Utilities Expense $889 Cash $889

(j) Cash $6,442 Accounts Receivable $6,442

(k) Charles Chadwick, Drawing $2,823 Cash $2,823

Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands).
2022 2021
Cash $13,200 $10,800
Accounts receivable 22,200 20,200
Inventory 31,600 30,700
Other current assets 12,200 11,909
Total current assets $79,200 $73,609
Total current liabilities $247,500 $311,100
Compute the current ratio for each year.

Answers

Answer:

this answer might be rong

Explanation:

it just might be rong

Rebecca wants to start her own hair salon as a side business. In order to do so, she needs to buy a professional hair dryer for $700.00 and hair coloring supplies for $232.00. She believes she will be able to schedule 18 clients in per week. If she wants to begin making a profit at the end of two weeks, how much will each client need to pay Rebecca for their hair

Answers

Answer:$25.89

Explanation:

The amount that each client need to pay Rebecca for their hair in order to make a profit goes thus:

Total cost = $700 + $232 = $932

Number of clients in 2 weeks = 2 × 18 = 36

Therefore, each client will pay:

= $932/36

= $25.89

2. Discuss innovation as an entrepreneurial trait and the role of innovation in Wow Momo's
success.​

Answers

If you’re looking to disrupt the world with innovative ideas, products, or services, this course is for you.

Your study will prepare you for the future as an entrepreneur or global business leader with a technology focus that can exploit new trends and emerging markets. You’ll be equipped with a deep

PRODUCT MIX DECISION, SINGLE CONSTRAINT
Sealing Company manufactures three types of DVD storage units. Each of the three types requires the use of a special machine that has a total operating capacity of 15,000 hours per year. Information on the three types of storage units is as follows:
Basic Standard Deluxe
Selling price $9.00 $30.00 $35.00
Variable cost $6.00 $20.00 $10.00
Machine hours required 0.10 0.50 0.75
Sealing Company's marketing director has assessed demand for the three types of storage units and believes that the firm can sell as many units as it can produce.
Required:
1. How many of each type of unit should be produced and sold to maximize the company's contribution margin? What is the total contribution margin for your selection?
2. Now suppose that Sealing Company believes that it can sell no more than 12,000 of the deluxe model but up to 50,000 each of the basic and standard models at the selling prices estimated. What product mix would you recommend, and what would be the total contribution margin?

Answers

Answer:

1.. Unit produce 20,000 ​deluxe units per year

Units sold $33.33

Total contribution margin $500,000

2. Basic 50,000 units

Standard 2,000 units

Deluxe 12,000 units

$470,000

Explanation:

1. Calculation to determine How many of each type of unit should be produced and sold to maximize the company's contribution margin? What is the total contribution margin for your selection?

BASIC STANDARD DELUXE

Price $9 $30 $35

Less Variable cost 6 20 10

=Contribution margin (A) 3 10 25

Machine hours (B) 0.1 0.5 0.75

Contribution margin per

machine hours (A/B) $30 $20 $33.33

Unit produce=(15,000/0.75)

Unit produce=20,000 deluxe units per year.

In order to maximize the company's contribution margin the company should sell deluxe unit with contribution margin of the amount of $ 33.33 per machine hour

Total contribution margin= 20,000 units,*$25

Total contribution margin= $500,000.

Therefore The amount of unit that should be produced is 20,000 units and $33.33 will be sold to maximize the company's contribution margin while the the total contribution margin for your selection is $500,000

2. Calculation to determine product mix would you recommend, and what would be the total contribution margin

The product mix to recommend will be:

Basic 50,000 units

Standard 2,000 units

Deluxe 12,000 units

Calculation to determine Total contribution margin

Total contribution margin= ($3 × 50,000) + ($25 × 12,000) + ($10 × 2,000)

Total contribution margin=$150,000+$300,000+$20,000

Total contribution margin = $470,000

Therefore Total contribution margin is$470,000

Yesterday, a company announced an unexpected decrease in dividend from $.0.10 per share to $0.09. The share price probably

A. fell because the change conveyed negative information about the firm’s future cash flows.
B. was unaffected because it is a small change and investors and managers do not worry about small changes in dividends.
C. rose because the investors would now receive more returns via capital gains and these gains are taxed at a lower rate.
D. rose because the decrease indicated the managers’ desire to de-emphasize dividends.

Answers

Answer:

A because its tells that it fell and it is the most likely reason

Grant Corporation is looking to purchase a building costing $1,300,000 by paying $500,000 cash on the purchase date, and agreeing to make payments every quarter for the next five years. The first payment is due three months after the purchase date. Grant's borrowing rate for this transaction is 8% (this is an annual interest rate). Required: Calculate how much each of the payments should be.

Answers

Answer:

Grant Corporation

The payments should be $42,133.16 every quarter.

Explanation:

a) Data and Calculations:

Building cost = $1,300,000

Down payment = $500,000

Interest rate = 8% per year

Payment terms = quarter for 5 years

From an online calculator, the payments should be:

N (# of periods)  20

I/Y (Interest per year)  2

PV (Present Value)  800000

FV (Future Value)  0

Results

PMT = $42,133.16

Sum of all periodic payments $842,663.23

Total Interest $42,663.23

what are examples of body language​

Answers

Answer:

Biting nails, putting your hands on your cheek, touching your nose, rolling eyes, and this list is endless.

Explanation:

Body language is something everybody uses every day. It is a type of nonverbal communication in which physical behavior is used to express or convey. Most people use it if they don't want to express themselves in words.

Citizen suits allow an individual to do all of the following except _____.


bring a lawsuit against a company or business for violating an environmental regulation

prevent the citizen from bringing a lawsuit against the Environmental Protection Agency (EPA)

force the party in violation of the law to pay civil penalties

force the party in violation of the law to comply with it

Answers

Answer:

Citizen suits allow an individual to do all of the following except __prevent the citizen from bringing a lawsuit against the Environmental Protection Agency (EPA)___.

Answer:

prevent the citizen from bringing a lawsuit against the Environmental Protection Agency (EPA)

Explanation:

i got it right

In 2021, internal auditors discovered that Fay, Inc., had debited an expense account for the $2,635,000 cost of a machine purchased on January 1, 2018. The machine's useful life was expected to be 17 years with no residual value. Straight-line depreciation is used by Fay. The journal entry to correct the error will include a credit to accumulated depreciation of: Multiple Choice $155,000. $2,635,000. $465,000. $310,000.

Answers

Answer:

$155,000

Explanation:

Given the information above,

Depreciation charge (straight line) = (Cost - Residual value) ÷ Estimated useful life

Therefore,

2021 Depreciation charge = ($2,635,000 - $0) ÷ 17

= $155,000

The journal entry to correct the error will include a credit to accumulated depreciation of $155,000

Suppose an economy has two industries producing corn (c) and tractor (t). The production functions for the two industries are.

Yc = min (Lc/2, Kc/1) and Yt = min (Lt/2.5, Kt/3),

where Li and Ki are the amount of labor and capital used in industry i (i = c, t). Constraints for labor and capital endowments are given as follows:

Lc + Lt ≤ 63 and Kc + Kt ≤ 42.

Derive the production transformation curve and show the output vector (Yc, Yt) that corresponds to full employment of both factors? (10 marks)

What range of output price ratio (Pc/Pt) is consistent with the full employment of both factors simultaneously? (10 marks)

Answers

i need to answer more questions to pm so i’m doing this

Answer:

The answer would be y/b

Explanation:

Its really simple

The personnel director for Electronics Associates developed the following estimated regression equation relating an employee's score on a job satisfaction test to his or her length of service and wage rate.
= 14.4 - 8.69x1 + 13.5x2
where
x1 = length of service (years)
x2 = wage rate (dollars)
y = job satisfaction test score (higher scores indicate greater job satisfaction)
a. Interpret the coefficients in this estimated regression equation.
b. Predict the job satisfaction test score for an employee who has four years of service and makes $13.00 per hour.

Answers

Answer:

a-1. An increase in the length of service (years) by one year will lead to a reduction in the job satisfaction test score by 8.69.

a-2. An increase in the wage rate (dollars) by $1 will lead to an increase in the job satisfaction test score by 13.5.

b. The predicted score of the job satisfaction test for the employee is 155.14.

Explanation:

a. Interpret the coefficients in this estimated regression equation.

a-1. Interpretation of the coefficient of x1

From the estimated regression equation, the coefficient of x1 is -8.69. Since the coefficient of x1 is negative, it implies that an increase in the length of service (years) by one year will lead to a reduction in the job satisfaction test score by 8.69.

a-2. Interpretation of the coefficient of x2

From the estimated regression equation, the coefficient of x2 is 13.5. Since the coefficient of x2 is positive, it implies that an increase in the wage rate (dollars) by $1 will lead to an increase in the job satisfaction test score by 13.5.

b. Predict the job satisfaction test score for an employee who has four years of service and makes $13.00 per hour.

Given:

y = 14.4 - 8.69x1 + 13.5x2 ………………… (1)

where

x1 = length of service (years) = 4

x2 = wage rate (dollars) = $13

y = job satisfaction test score = ?

Substituting the values into equation (1), we have:

y = 14.4 - (8.69 * 4) + (13.5 * 13)

y = 155.14

Therefore, the predicted score of the job satisfaction test for the employee is 155.14.

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