Business, 01.02.2021 17:30 haleylayne74

Kogler Corporation's relevant range of activity is 7,000 units to 11,000 units. When it produces and sells 9,000 units, its average costs per unit are as follows: Average cost per unit

Direct Materials$4.60

Direct Labor$4.20

Variable manufacturing overhead$1.40

Fixed manufacturing overhead$8.00

Fixed selling expense$3.20

Fixed administrative expense$1.70

Sales commissions$0.70

Variable administrative expense$0.65

If the selling price is $23.00 per unit, the contribution margin per unit sold is closest to:

A: $17.45

B: $0.30

C: $14.65

D: $5.80

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 14:50

Pederson company reported the following: manufacturing costs $480,000 units manufactured 8,000 units sold 7,500 units sold for $90 per unit beginning inventory 2,000 units what is the average manufacturing cost per unit? (round the answer to the nearest dollar.)

Answers: 3

Answer

Business, 22.06.2019 20:40

Aggart technologies is considering issuing new common stock and using the proceeds to reduce its outstanding debt. the stock issue would have no effect on total assets, the interest rate taggart pays, ebit, or the tax rate. which of the following is likely to occur if the company goes ahead with the stock issue? a. the roa will decline.b. taxable income will decline.c. the tax bill will increase.d. net income will decrease.e. the times-interest-earned ratio will decrease

Answers: 1

Answer

Business, 22.06.2019 22:00

As a general rule, when accountants calculate profit they account for explicit costs but usually ignorea. certain outlays of money by the firm.b. implicit costs.c. operating costs.d. fixed costs.

Answers: 2

Answer

Business, 23.06.2019 00:20

Firms like papa john’s, domino’s, and pizza hut sell pizza and other products that are differentiated in nature. while numerous pizza chains exist in most locations, the differentiated nature of these firms’ products permits them to charge prices above marginal cost. given these observations, is the pizza industry most likely a monopoly, perfectly competitive, monopolistically competitive, or an oligopoly industry?

Answers: 1

Answer

You know the right answer?

Kogler Corporation's relevant range of activity is 7,000 units to 11,000 units. When it produces and...

Questions