FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Delos, Inc. reports the following information for April: Gamma 750 units $800 460 Sigma Units sold 2,000 units Sales price per unit $250 Variable manufacturing

image text in transcribed
Delos, Inc. reports the following information for April: Gamma 750 units $800 460 Sigma Units sold 2,000 units Sales price per unit $250 Variable manufacturing cost per unit 200 Sales commission per unit: Sigma: 6% of sales price 15 Gamma: 8% of sales price What is the contribution margin of Sigma? 64 SS. O A. $100,000 B. $470,000 OC. $70,000 OD. $170,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Accounting

Accounting

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

22nd Edition

324401841, 978-0-324-6250, 0-324-62509-X, 978-0324401844

More Books

Students also viewed these Accounting questions

Question

★★★★★
You are the manager of a medium-sized law firm. The managing partner has asked for a report on the state of the departments in the firm. You run the departmental management report shown in Exhibit...

Answered: 1 week ago

Question

★★★★★
Capital and revenue expenditures OBJ. 1 On February 14, Garcia Associates Co. paid $2,300 to repair the transmission on one of its delivery vans. In addition, Garcia Associates paid $450 to install a...

Answered: 1 week ago

Question

★★★★★
66. The opponents of soccer team A are of two types: either they are a class 1 or a class 2 team. The number of goals team A scores against a class i opponent is a Poisson random variable with mean i...

Answered: 1 week ago

Question

★★★★★
Lund Products, Inc., uses a predetermined overhead rate in its production, assembly, and testing departments. One rate is used for the entire company; it is based on machine hours. The rate is...

Answered: 1 week ago

Question

★★★★★
Daryl's Gifts desires to buy a new coding machine to help control book inventories. The machine sells for $36, 586 and requires working capital of $4,000. Its estimated useful life is five years and...

Answered: 1 week ago

Question

★★★★★
We learned in the short-term & working memory lecture that there is a major difference between the two types of "pre-long-term memory." They're often thought of as being synonymous but as we've...

Answered: 1 week ago

Question

★★★★★
Estimate 99 by using a linear approximation of f(x) = x about the value x = 100. Round your answer to four decimal places, if necessary.

Answered: 1 week ago

Question

★★★★★
ENTS 2015 99. The probability that a senior HS student in NJ is enrolled in an AP class is 0.32. Sarah randomly selects 6 seniors from NJ. Let X = number of seniors that are enrolled in AP classes....

Answered: 1 week ago

Question

★★★★★
Noguchi Company manufactures cooling systems. Noguchi produces all the parts necessary for its product except for one electronic component, which is purchased from two local suppliers: Manzer Inc....

Answered: 1 week ago

Question

★★★★★
Thalassines Kataskeves, S.A., of Greece makes marine equipment. The company has been experiencing losses on its bilge pump product line for several years. The most recent quarterly contribution...

Answered: 1 week ago

Question

★★★★★
Kelly Corporation had these transactions during 2017 (2pts.). Analyze the transactions and indicate whether each transaction is an operating activity, investing activity, financing activity....

Answered: 1 week ago

Question

★★★★★
Why is a department managers timely follow-up so important in the performance improvement process?

Answered: 1 week ago

Question

★★★★★
Why do experts strongly recommend that regardless of the apparent severity of an infraction, no employee should be summarily discharged but rather be placed on indefinite suspension pending an...

Answered: 1 week ago

Question

★★★★★
Comment on the claim that like it or not, people problems are the legitimate terrain of a first-line manager. Why is this often true?

Answered: 1 week ago

Previous Question Next Question