Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Swifty Corporation sells two types of computer hard drives. The sales mix is 30% (Q-Drive) and 70% (Q-Drive Plus). Q-Drive has variable costs per

1.

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
Swifty Corporation sells two types of computer hard drives. The sales mix is 30% (Q-Drive) and 70% (Q-Drive Plus). Q-Drive has variable costs per unit of $45 and a selling price of $90. Q- Drive Plus has variable costs per unit of $60 and a selling price of $135. The weighted-average unit contribution margin for Swifty is O $54.0. O $90. O $45.0. O $66.Wilmington Company charges $50 per hour for labor and has a 35% material loading charge. A recent job required 25 hours and $1,000 of materials. Calculate the total cost of the job. O $2,600 O $2,250 O $1,350 O $3,037.50During September, the capital expenditure budget indicates a $370000 purchase of equipment. The ending September cash balance from operations is budgeted to be $53000. The company wants to maintain a minimum cash balance of $24000. What is the minimum cash loan that must be planned to be borrowed from the bank during September? 0 $394000 0 $293000 0 $317000 0 $341000 Bramble Corp. is evaluating its Piquette division, an investment center. The division has a $54000 controllable margin and $400000 of sales. How much will Bramble's average operating assets be when its return on investment is 10%? O $400000 0 $346000 0 $540000 0 $594000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Cases An Active Learning Approach

Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt

2nd Edition

0130674842, 978-0130674845

Students also viewed these Accounting questions