answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mrs_skeptik [129]
2 years ago
12

Elegance Bath Products, Inc. (EBP) makes a variety of ceramic sinks and tubs. EBP has just developed a line of sinks and tubs ma

de from a mixture of glass and ceramic. The sinks sell for $150 each and have variable costs of $80. The tubs sell for $600 and have variable costs of $450. The glass and ceramic sinks and tubs require the use of specialized molding equipment. The specialized molding equipment has 4,050 hours of capacity per year. A sink uses an average of 2 hours of specialized molding equipment time; a tub uses an average of 5 hours of specialized molding equipment time. What is the contribution margin per hour of specialized molding time for tubs
Business
1 answer:
Inga [223]2 years ago
8 0

Answer:

$30 per hour

Explanation:

Contribution margin is calculated by subtracting all variable cost of the product by its sales price. The Elegance Bath Products, Inc. (EBP) sells tub for $600 each which has variable cost of $450. To calculate the contribution margin we need to calculate the gross profit for each tub.

The gross profit for tub = $600 - $450 = $150

The tub takes 5 hours of specialized molding equipment.

$150 / 5 specialized molding hours = $30/hour

You might be interested in
Measures defined by management and used to internally evaluate the success of a​ firm's financial, business​ process, customer,
ladessa [460]

Complete Question:

Measures defined by management and used to internally evaluate the success of a firm's financial, business process, customer, and learning and growth are called

A. parameters.

B. the balanced scorecard method.

C. BPM.

D. KPIs.

E. benchmarks.

Answer:

D. KPIs.

Explanation:

Measures defined by management and used to internally evaluate the success of a​ firm's financial, business​ process, customer, and learning and growth are​ called KPIs.

KPIs is simply an acronym for key performance indicators.

4 0
2 years ago
The following transactions were completed by the company.
Nana76 [90]

Answer:

Since there is not enough room here, I used an excel spreadsheet to answer the question.

Assets increased by $8,440

Stockholders' equity increased by $8,440

Revenues increased by $8,440

Cash flows increased by $6,040

Explanation:

The accounting equation: Assets = Liabilities + Stockholders' Equity, basically represents how the double entry accounting system works. One side (assets) must always be equal to the other side (liabilities + stockholders' equity).

Download pdf
3 0
2 years ago
The following transactions took place at Five Flags Amusement Park during May. Five Flags Amusement Park must charge 8 percent s
NISA [10]

Answer:

the journal entries are made as follows;

Explanation:

May 1

A/R           Dr.$1,296

Sales        Cr.$1,200

Sales Tax payable Cr.$96

May 15

Cash   Dr.$6,264

Sales   Cr.$5,800

Sales Tax Payable Cr.$464

May 31

Cash   Dr.$1,296

A/R     Cr.$1,296

7 0
2 years ago
John and Jill Jones sold stock that resulted in a short-term capital loss of $5,000. They had no other capital transactions duri
sineoko [7]

Answer:

nothing will be deducted from the capital lose

nothing will be carried over

Explanation:

3 0
2 years ago
When McDonald's offers its products inside of a Walmart store, it is using a(n) ________. Group of answer choices
Leya [2.2K]

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Conventional distribution channel

b) Corporate VMS

c) Contractual VMS

d) Administered VMS

e) Horizontal marketing system

And the correct answer is the option E: Horizontal marketing system.

Explanation:

To begin with, the concept known as <em>"Horizontal Marketing System"</em> refers to the a type of distribution channel used by the companies with the purpose of establishing their products in certain places in order to get closer to the consumers. Moreover, this type of strategy of marketing involves the participation of two or more companies who belong to the same level of organizations with the main intention of working together in order to get better benefits from their interactions.

7 0
2 years ago
Other questions:
  • What's a possible opportunity cost when you spend $100 on a pair of sneakers?
    12·1 answer
  • A furnace company offers borrowers a payment plan that allows them to make regular monthly payments until they have paid the tot
    7·2 answers
  • The table below describes the total and marginal benefit elvis gets from fried peanut butter and banana sandwiches. elvis' fried
    7·1 answer
  • You reflect on your meeting with the midwestern division manager, and you think part of the problem has to do with goals. what c
    10·1 answer
  • Spark Company's static budget is based on a planned activity level of 45,000 units. At the same time the static budget was prepa
    11·1 answer
  • Frodic Corporation has budgeted sales and production over the next quarter as follows: July August September Sales in units 40,0
    6·1 answer
  • The CEO of RV USA is trying to estimate sales based on a budgeted target profit before taxes of $150,000. If unit contribution m
    6·1 answer
  • Pendergast, Inc., has no debt outstanding, and has a total market value of $180,000. Earnings before interest and taxes (EBIT) a
    8·1 answer
  • Quality Timber Pty Ltd is a well-established logging company. With below-average performance, their packaging department is cons
    12·1 answer
  • In which of the following situations would a delegation of contractual duties be allowed? Multiple Choice A painter hired to pai
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!