Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 24, 2024

If the sales price is $ 2 0 per unit, the variable cost is $ 1 2 per unit, total fixed costs is $ 1

If the sales price is $

20

per unit, the variable cost is $

12

per unit, total fixed costs is $

12, 000,

and

15, 000

units are produced, the contribution margin per unit is:

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Management And Cost Accounting

Authors: Charles T. Horngren, Alnoor Bhimani, Srikant M. Datar, George Foster

1st Edition

0130805475, 978-0130805478

More Books

Students also viewed these Accounting questions

Question

★★★★★

An automotive manufacturer claims that the standard deviation for the gas mileage of its models is 3.9 miles per gallon. Determine whether the claim represents the null hypothesis or the alternative...

Answered: 1 week ago

Question

★★★★★

A project costing $1,500,000 will yield the following net income after tax for the next 5 years: Year Net Income 1 $100,000 2 $125,000 3 $130,000 4 $140,000 5 $160,000 Required: Calculate the ROA as...

Answered: 1 week ago

Question

★★★★★

The production time, in minutes, of a manufacturing item is a continuous random variable X with density function for some suitable constants b and c. (i) If it is known that E(X) = 139, what are the...

Answered: 1 week ago

Question

★★★★★

Explain the term business without boundaries. How is this changing the nature of organizations and who accomplishes various business processes?

Answered: 1 week ago

Question

★★★★★

A company is deciding whether to invest in a machine. The new machine will increase cash flow by $268,000 per year and will have a 10 years of useful life. The machine is currently priced at the...

Answered: 1 week ago

Question

★★★★★

If the price of gasoline increases from $4 to $4.50, ceteris paribus : a/ the demand curve for gasoline will shift to the right. b/ the demand curve for gasoline will shift to the left. c/ people...

Answered: 1 week ago

Question

★★★★★

Assume that last year in a particular state with 700000 children there were 1307 children out of 33400 in a random sample who were diagnosed with Autism Spectrum Disorder. Nationally, 1 out of 88...

Answered: 1 week ago

Question

★★★★★

Exercise 14-30 (Algo) ROI versus RI (LO 14-2, 3) Albany Division is considering the acquisition of a new asset that will cost $540,000 and have a cash flow of $186,000 per year for each of the four...

Answered: 1 week ago

Question

★★★★★

In a famous study done in the 1960s two dolphins, Doris and Buzz, were trained to work together to earn fish. Doris was shown a light underwater. If the light was on steadily, her partner Buzz on the...

Answered: 1 week ago

Question

★★★★★

A gas with molecular weight of 35 kg/kmol, specific heat cp=1.049 kJ/kg.K, critical pressure of 27 bar, and critical temperature of 395 K undergoes a cooling process. At the end of the process the...

Answered: 1 week ago

Question

★★★★★

Suppose the chi-square statistic for a test was 6.991. If instead, the chi-square statistic had been 5.332, would the p-value be smaller, larger, or remain the same

Answered: 1 week ago

Question

★★★★★

=+5. What is your opinion regarding the issue of splitting the roles of CEO and chair of the board? Justify your position.

Answered: 1 week ago

Question

★★★★★

=+ 1. What are some of the benefits to companies that operate a volunteer employee program stated in the case study? Do you agree that these benefits are likely to come from a volunteer program?

Answered: 1 week ago

Question

★★★★★

=+3. How can companies encourage employees to participate in volunteer programs and avoid having employees feel that by volunteering, they are potentially derailing their chances for a promotion...

Answered: 1 week ago

Previous Question Next Question