Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Feb 03, 2024

Suppose a company charges $ 1 8 9 . 0 0 for a bicycle it sells to wholesalers. The fixed cost of the operation is

Suppose a company charges $

189.00

for a bicycle it sells to wholesalers. The fixed cost of the operation is $

2, 000, 000

and the viariable cost is $

100.00

per bicycle. What is the bicycle's unit contribution margin? What is the bicycle unit contribution margin ratio?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

In this problem we are asked to find the unit contribution margin and the unit contribution margin r... 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

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

Microeconomics An Intuitive Approach with Calculus

Authors: Thomas Nechyba

1st edition

538453257, 978-0538453257

More Books

Students also viewed these Accounting questions

Question

★★★★★

The Evolution of the Fashion Industry: Consider the market for clothes and suppose there exist 100 different styles that can be produced and can be arranged (and equally spaced) on a circle. Among...

Answered: 1 week ago

Question

★★★★★

A decision must be made between two different machines, A and B. The machines will produce the same product, but only one type of machine (either A or B) will be purchased. The company estimates that...

Answered: 1 week ago

Question

★★★★★

Suppose a company charges $ 1 8 9 . 0 0 for a bicycle it sells to wholesalers. The fixed cost of the opperation is $ 2 , 0 0 0 , 0 0 0 and the variable cost is $ 1 0 0 . 0 0 per bicycle. They have...

Answered: 1 week ago

Question

★★★★★

Net sales revenue, net income, and common stockholders' equity for Vallen Optical Corporation, a manufacturer of contact lenses, follow for a four-year period. Requirements 1. Compute trend...

Answered: 1 week ago

Question

★★★★★

A simple random sample is taken from a population and yields the following data for a variable of the population: Find a point estimate for the population mean (i.e., the mean of the variable). 9 32...

Answered: 1 week ago

Question

★★★★★

Ace Corporation starts a subsidiary in a foreign country; the subsidiary has the peso as its functional currency. On January 1, Ace buys all of the subsidiarys common stock for 20,000 pesos. On April...

Answered: 1 week ago

Question

★★★★★

Provide separate lists of examples of client threats that, in your opinion, do and do not invoke the duty to warn as established by the Tarasoff case.

Answered: 1 week ago

Question

★★★★★

Sofia Lofts case, but under a new set of assumptions on page 11 of the case. First re-read the Sofia Lofts case, then click here to download the new page 11. Specifically, you are to write up a brief...

Answered: 1 week ago

Question

★★★★★

Given the financial statements, calculate the profit margin, leverage multiplier, quick ratio, account received payable period in 2009, and determine its bankruptcy risk in 2009 using Altman's...

Answered: 1 week ago

Question

★★★★★

At age 25, someone sets up an IRA (individual retirement account) with an APR of 5%. At the end of each month he deposits $60 in the account. How much will the IRA contain when he retires at age 65?...

Answered: 1 week ago

Question

★★★★★

31] Bluebird Mfg. recibi un pedido especial nico de 15 000 comederos para pjaros a $3,50 por unidad. Actualmente, Bluebird produce y vende 75 000 unidades a $7,50 cada una. Este nivel representa el...

Answered: 1 week ago

Question

★★★★★

Could you pls answer the following as a DQ Many security vendors and researchers now post regular online podcasts about security. Locate and listen to at least three different podcasts concerning the...

Answered: 1 week ago

Question

★★★★★

A manufacturer designs a cylindrical can with no top. The surface area of the can is 479 cm. The can has base radius r centimetres. a) Write a polynomial function to model the capacity, C cubic...

Answered: 1 week ago

Question

★★★★★

When a company runs an add stressing how their product is vastly better than the other available options, the marketer is trying to what?

Answered: 1 week ago

Question

★★★★★

1. Are there any plugins to BPMN models inKNIME? Explain. 2. Examine the similarities of workflows to BPMN processes. 3. Two modeling elements/concepts in KNIME are nodes and data. Are the...

Answered: 1 week ago

Question

★★★★★

Which are the key benefits of SAP S/4HANA Cloud for receivables management?Which of the capabilities below are included in SAP S/4HANA Cloud receivables management? Manage international trade Perform...

Answered: 1 week ago

Question

★★★★★

Consider the following probability distribution for stocks A and B: Economy Probability A B Recession0.25 0.25 -0.02 0.06000 Normal 0.5 0.05000 0.02000 Boom 0.25 0.12000 -0.13 What is the correlation...

Answered: 1 week ago

Question

★★★★★

Information graphics, also called infographics, are wildly popular, especially in online environments. Why do you think infographics continue to receive so much attention? How could infographics be...

Answered: 1 week ago

Question

★★★★★

We introduced the topic of differentiated products in a simple 2-firm Bertrand price setting model in which each firms demand increases with the price of the other firms output. The specific context...

Answered: 1 week ago

Question

★★★★★

In many situations, we are confronted with the decision of whether to challenge someone who is currently engaged in a particular activity. In personal relationships, for instance, we decide whether...

Answered: 1 week ago

Question

★★★★★

In Chapter 22, we worked with models in which high and low cost customers compete for insurance. Consider the level x of health insurance that consumers might choose to buy, with higher levels of x...

Answered: 1 week ago

Question

★★★★★

Surveys ask people questions. Random sampling is essential for accurately describing the attitudes or behavior of a particular population, such as students at a certain university, residents of a...

Answered: 1 week ago

Question

★★★★★

1. Debriefing participants at the end of a study can be a useful way for researchers to determine whether the study might suffer from which of the five threats to internal validity described here?

Answered: 1 week ago

Question

★★★★★

The problem of self-selection in correlational research occurs when the investigator is unable to choose the level of any variable for participants. People can't be assigned to have lots of casual...

Answered: 1 week ago

Previous Question Next Question