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asambeis [7]
2 years ago
15

The Haskins Company manufactures and sells radios. Each radio sells for $23.75 and the variable cost per unit is $16.25. Haskin'

s total fixed costs are $25,000, and budgeted sales are 8,000 units. What is the contribution margin per unit
Business
1 answer:
dusya [7]2 years ago
6 0

Answer:

Contribution margin per unit= $7.5

Explanation:

Giving the following information:

Each radio sells for $23.75 and the variable cost per unit is $16.25.

The contribution margin is the difference between the selling price and the unitary variable cost:

Contribution margin= selling price - unitary variable cost

Contribution margin= 23.75 - 16.25

Contribution margin= $7.5

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Overall, 67 people of 350 surveyed gave your company five stars. Of men, 40 out of 175 gave your company five stars. Was your co
Elis [28]

Answer:

The company was rated five stars more by men

Explanation:

Expressing the survey results as percentages

1.  <u>Overall population </u>

         =67 out of 350

         =67/350x100= 19.14 percent

2. <u>Men population</u>

=40 out 175

=40/175x100 =22.85 per cent

The company was rated five stars more by men

7 0
1 year ago
The bond has a coupon rate of 6.83 percent, it makes semiannual payments, and there are 4 months to the next coupon payment. A c
Kipish [7]

Answer:

The invoice price for the bond is $1,060.38

Explanation:

Given the following:

PV= Par value = $1,000 ,

CV= Clean Price = $1,049

Coupon Rate per annum = 6.83%

To calculate the Semiannual Coupon Rate= Coupon Rate per annum/2= 3.415%

To calculate Semiannual Coupon= Semiannual Coupon Rate*PV

= 3.415% * $1,000  = $34.15

With an interest accured over 2 months, we calculate it thus:

Accrued Interest = $34.15 * 2/6 = $11.38

To calculate Invoice price:

Invoice Price = CP + Accrued Interest

Invoice Price = $1,049.00 + $11.38

Invoice Price = $1,060.38

3 0
1 year ago
Denmark Corporation's variance report for the purchasing department reports 1,000 units of material A purchased and 2,400 units
Nadusha1986 [10]

Answer:

Total material price variance= $380 favorable

Explanation:

Giving the following information:

Material A:

Purchase= 1,000 units

Purchase price= $2.1

Standard price= $2

Material B:

Purchase= 2,400 units

Purchase price= $2.8

Standard price= $3

<u>To calculate the total material price variance, we need to use the following formula on each material:</u>

<u></u>

Direct material price variance= (standard price - actual price)*actual quantity

<u>Material A:</u>

Direct material price variance= (2 -2.1)*1,000

Direct material price variance= $100 unfavorable

<u>Material B:</u>

Direct material price variance= (3 - 2.8)*2,400

Direct material price variance= $480 favorable

Total material price variance= -100 + 480

Total material price variance= $380 favorable

3 0
2 years ago
What is the final printed version of the loan application called?
adelina 88 [10]
<span>The final, printed version of the loan application is called the unfirom residential loan application or the 1004 mortage application form. This application is a five page application that the lender helps the borrower(s) fill out before making the purchase offical. All people that are going to be on the loan must fill out the form with all necessary information. </span>
7 0
2 years ago
On his way home from work, Phil stopped at a shopping center. He parked in front of the dry cleaner, where he could pick up his
lorasvet [3.4K]
<h3>Hello there!</h3>

Your question asks what type of shopping center Phil is shopping at.

<h3>Answer: Neighborhood Center</h3>

The reason why "Neighborhood Center" would be the correct answer is because the stores that Phil is going to is more "convenient."

The stores that Phil went to: dry cleaner, gift shop, and supermarket are all stores that are more convenient to customers. Neighborhood centers have stores that are more convenient to customers, due to the fact that they people would be shopping for essential items that would go well with ones well being or for the house.

Since the stores that Phil shopped at are convenient stores, and neighborhood centers have convenient stores, this means that Phil is shopping at a Neighborhood center.

<h3>I hope this helps!</h3><h3>Best regards,</h3><h3>MasterInvestor</h3>
6 0
1 year ago
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