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

Question

1 Approved Answer

X Company estimates the following for its only two products for 2020 - X and Y: X Y Unit sales Selling price Variable cost 6,750

image text in transcribed

X Company estimates the following for its only two products for 2020 - X and Y: X Y Unit sales Selling price Variable cost 6,750 $11.80 $6.40 580 $37.00 $28.50 Total fixed costs in 2020 are expected to be $16,200. What is the expected weighted average contribution margin rate in 2020 (rounded to two decimal places)? A: 0.10 | OB: 0.29 OC: 0.34 OD: 0.41 OE: 0.47 OF: 0.53

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_2

Step: 3

blur-text-image_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

Sound Investing, Chapter 8 - Revenue Hoaxes

Sound Investing, Chapter 8 - Revenue Hoaxes

Authors: Kate Mooney

3rd Edition

007171930X, 9780071719308

More Books

Students also viewed these Accounting questions

Question

★★★★★
In comparing PengAtlas Maps 3.1 and 3.4, note that one of the countries that is at the bottom of the list regarding ease of doing business is also among the poorest. Note that the two groups are not...

Answered: 1 week ago

Question

★★★★★
Compute the contribution margin for Divisions I and II. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Division I Division II...

Answered: 1 week ago

Question

★★★★★
Is this really true, or am I just taking it for granted?

Answered: 1 week ago

Question

★★★★★
Mino Inc. manufactures chocolate syrup in three departments: Cooking, Mixing, and Bottling. Mino uses the weighted average method. The following are cost and production data for the cooking...

Answered: 1 week ago

Question

★★★★★
Hastings Corporation estimates that if it acquires Corporation, synergies will cause Vandell's free cash flows Vandell and to be $2.5 million, $2.9 million, $3.4 million, s3.57 million at Years 1...

Answered: 1 week ago

Question

★★★★★
The total fixed cost of production Use the following table to answer the next question. Total Output Cost 0 $10 20 28 3 38 4 53 5 73 6 98 The total fixed cost of production is Multiple Choice

Answered: 1 week ago

Question

★★★★★
Incoming goods flow into US at the rate of $423 billion every year. Imagine the supply chain to be a long pipeline where goods are put in at one end, and they come out at the other end (at the...

Answered: 1 week ago

Question

★★★★★
A grocery store wants you to help solve the following problem: They want to get a sense of how many people are currently following the recommended safety practices that is associated with the...

Answered: 1 week ago

Question

★★★★★
S 3.a) In the diagram below, find the phase percentages of alloy M at T1, T2 and T3 temperatures? b) What kind of alloy system does the diagram shown in the figure belong to? explain? (12 p.) c)...

Answered: 1 week ago

Question

★★★★★
A rectangular duct that has an aspect ratio of 2.0 would have what ratio of air velocity compared to a round duct?

Answered: 1 week ago

Question

★★★★★
A major typhoon has caused disruption in the delivery of key parts for the production of your new mobile phone. While the workforce you have hired is in place in all of your locations, they now seem...

Answered: 1 week ago

Question

★★★★★
2. What steps do you believe the government should take to reinforce the viability of the Sarbanes-Oxley Law?

Answered: 1 week ago

Question

★★★★★
3. Most employees do not disclose the fraud and corruption they observe in the workplace, and, therefore, criminal and immoral behaviors continue to flourish. Who or what can intercept this lack of...

Answered: 1 week ago

Question

★★★★★
3. Self-awareness is very important. As we get to know ourselves, we can identify barriers to acceptance by others. Once you have identified your most preferred communication style, you have taken a...

Answered: 1 week ago

Previous Question Next Question