BUSINESS COLLEGE

The Victor Company sells two products. The following information is provided: Product A Product BUnit selling price$100 $150 Unit variable cost$30 $70 Number of units produced and sold 20,000 60,000 What is the weighted average contribution margin per unit?A. $75.00
B. $80.00
C. $77.50
D. $72.50

Answers

Answer 1
Answer:

Answer:

Weighted average contribution margin= $77.5

Explanation:

Giving the following information:

Product A Product B

Unit selling price $100 $150

Unit variable cost $30 $70

Number of units produced and sold 20,000 60,000

First, we need to determine the sales proportion:

Product A= 20,000/80,000= 0.25

Product B= 0.75

To calculate the weighted-average contribution margin, we need to use the following formula:

Weighted average contribution margin= (weighted average selling price - weighted average unitary variable cost)

Weighted average contribution margin= (0.25*100 + 0.75*150) - (0.25*30 + 0.75*70)

Weighted average contribution margin= 137.5 - 60

Weighted average contribution margin= $77.5

Related Questions

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abstraction enables us to apply a function to each value in a list and returns a new list of the results

Answers

the cover-up of complex procedures. Abstraction allows us to apply a function to each value in a list and produce a new list of the results by getting rid of unnecessary or repetitive code.

Abstraction is a method used in computer science to control the complexity of computer systems. It functions by setting a threshold for complexity beyond which a user cannot interact with the system, concealing the more intricate elements below the threshold.

When we write code parts (referred to as "procedures" or, in Java, "static methods") that are generalized by having variable parameters, we are using procedural abstraction. The concept is that we have code that, depending on how its parameters are configured when it is called, can handle a range of different circumstances.

Read more about abstraction enables at

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Days' cash on hand Financial statement data for years ending December 31 for Newton Company follow: 20Y9 20Y8 Cash (end of year) $25,720 $24,945 Short-term investments (end of year) 8,200 9,420 Operating expenses 60,020 64,325 Depreciation expense 13,300 11,400 Determine the days’ cash on hand for 20Y8 and 20Y9. Assume 365 days in a year.

Answers

Answer:

The correct answer is 265 Days and 237 Days.

Explanation:

According to the scenario,m the computation of the given data are as follows:

First we calculate the Days cash on hand by using following formula:

Days cash on hand = Cash and cash equivalent ÷ [(operating expenses - Depreciation expense) ÷ 365 ]

So, For the year 20Y8

Days Cash on hand = ( $25,720 + $8,200) ÷ [( $60,020 - $13,300) ÷ 365]

= $33,920 ÷ 128

= 265 days

So, For the year 20Y9

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= $34,365 ÷ 145

= 237 days

True or False: Increasing the number of stocks in a portfolio reduces market risk.Consider two stock portfolios. Portfolio B consists of 20 different stocks from firms in different industries. Portfolio A consists of 10 different stocks, also from firms in different industries. The return on Portfolio B is likely to be volatile than that of Portfolio A.

Answers

Answer:

The correct answer is False.

Explanation:

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Answers

Answer and Explanation :

The presentation is shown below:

As per the data given in the question,

Assets =  Liabilities   +   Equity    Revenue -  Expenditure = Net income Cash flow

Cash + Acc. Rev.

NA      $94,850  NA       $94,850 $94,850        NA                $94,850      NA

$93,901.5 -$94,850 NA    -$948.5   NA           -$948.5          -$948.5   $93,901.5

We simply present the transactions on the financial statements

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Answers

Answer: availability of information and increased interaction throughout the organization

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Garcia Co. sells snowboards. Each snowboard requires direct materials of $105, direct labor of $35, and variable overhead of $50. The company expects fixed overhead costs of $645,000 and fixed selling and administrative costs of $111,000 for the next year. It expects to produce and sell 10,500 snowboards in the next year.Required:
What will be the selling price per unit if Garcia uses a markup of 15% of total cost?

Answers

Answer:

Selling price = $301.3

Explanation:

The selling price would be determined by adding the total unit cost to the mark- up.

Mark up is the proportion of cost that is to be earned as profit.

Selling price = Total unit cost + Profit

Profit = 25% × unit cost

Selling price = Unit cost + Mark-up

Selling price = Unit cost + (15%× unit cost)

Total unit cost =Variable cost + unit fixed cost

Total fixed cost = 645,000 +  111,000 = 756,000

Unit fixed cost = $756,000/10,500 =×72

Total unit cost = 105 + 35 + 50 + 72 = 262

Selling price = 262 + ( 15% + 262) = 301.3

Selling price = $301.3
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