Business, 15.04.2020 01:56 lolamegananne
Benoit Company produces three products, A, B, and C. Data concerning the three products follow (per unit):Product A B CSelling price $85 $65 $75Variable expenses:Direct materials 25.50 19.50 5.25Other variable expenses 25.50 29.25 47.25Total variable expenses 51.00 48.75 52.50Contribution margin $34.00 $16.25 $22.50Contribution margin ratio 40 % 25 % 30 %
Demand for the company’s products is very strong, with far more orders each month than the company can produce with the available raw materials. The same material is used in each product. The material costs $8 per pound with a maximum of 5,800 pounds available each month.
Compute contribution margin per pound of materials used.
Answers: 2
Business, 21.06.2019 21:20
20. sinclair company's single product has a selling price of $25 per unit. last year the company reported a profit of $20,000 and variable expenses totaling $180,000. the product has a 40% contribution margin ratio. because of competition, sinclair company will be forced in the current year to reduce its selling price by $2 per unit. how many units must be sold in the current year to earn the same profit as was earned last year? a. 15,000 units b. 12,000 units c. 16,500 units d. 12,960 units
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Business, 22.06.2019 00:00
Which of the following is a disadvantage to choosing a sole proprietorship business structure? question 9 options: the owner has personal responsibility for the company's liabilities. the owner has to share the profits with partners. the owner is still liable for personal debts. the owner has to report to shareholders.
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Business, 22.06.2019 10:20
What two things do you consider when evaluating the time value of money
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Benoit Company produces three products, A, B, and C. Data concerning the three products follow (per...
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