Decker Industries reported the following monthly data: Units produced Sales price Direct materials Direct labor Variable...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Decker Industries reported the following monthly data: Units produced Sales price Direct materials Direct labor Variable overhead Fixed overhead 59,000 units $ 40 per unit $ 2.20 per unit $ 3.20 per unit $ 4.20 per unit $234,700 in total What is the company's contribution margin for this month if 57,000 units were sold? A Decker Industries reported the following monthly data: Units produced Sales price Direct materials Direct labor Variable overhead Fixed overhead 59,000 units $ 40 per unit $ 2.20 per unit $ 3.20 per unit $ 4.20 per unit $234,700 in total What is the company's contribution margin for this month if 57,000 units were sold? A
Expert Answer:
Answer rating: 100% (QA)
To calculate the contribution margin we first need to determine the total variable costs per unit an... View the full answer
Related Book For
Accounting Texts and Cases
ISBN: 978-1259097126
13th edition
Authors: Robert Anthony, David Hawkins, Kenneth Merchant
Posted Date:
Students also viewed these accounting questions
-
In the circuit shown in Fig, find (a) The current in the 3.00-0 resistor; (b) The unknown emfs E1 and E2; (c) The resistance R. Note that three currents are given. 2,00 A R 4.00 0 3,00 A 3.000 6.00 0...
-
APC Pty Ltd purchased a car on 1 April for 32,000 (including GST) and during the next 12 months it incurred the following costs: Fuel Servicing/repairs Insurance Registration Depreciation (using 30%)...
-
An unknown compound A of molecular formula of C10H180 reacts with H2S04 and heat to form two compounds (B and C) of molecular formula C10H16. B and C both react with H2 over Pd/C to form decalin....
-
Refer to the study of "power naps" during work breaks, Exercise 8.37. Recall that you analyzed data collected by a major airline that had recently begun encouraging reservation agents to nap during...
-
John's Video Game Outlet encounters revenue-allocation decisions with its bundled product sales. Here, two or more of the video games are sold as a single package. Managers at John's are keenly...
-
Construct a short rate lattice for periods (years) 0 through 9 with an initial rate of \(6 \%\) and with successive rates determined by a multiplicative factor of either \(u=1.2\) or \(d=9\). Assign...
-
A small disk of diameter D 1 = 50 mm and emissivity ? 1 = 0.6 is maintained at a temperature of T 1 = 900 K. The disk is covered with a hemispherical radiation shield of the same diameter and an...
-
Compare the acquisition of Pfizer over Medivation company, with acquisition of Novartis over The Medicines Company? Is the role of acquisitions (size and type) similar for Novartis and Pfizer? Do...
-
ABC Framing has been hired to frame a light commercial building. The project began on July 2 and was completed on August 9. The following is a list of accounting transactions associated with the...
-
Star Co. assigned P4,000,000 of accounts receivable as collateral for a P2,000,000 6% loan with a bank. The entity also paid a finance fee of 5% on the transaction upfront. What amount should be...
-
Hotel Corporation (the Company) is an accrual basis taxpayer that uses a calendar year end. For the year ended December 31, 2023, the Company has taxable income of $1,000,000 and the Company's CFO...
-
Identify five characteristics of effective partnerships? Explain the difference between cost-benefit analysis and cost effectiveness analysis?
-
Jet Blue Airways is another young company, and yet its capital structure is very different from Google's capital structure In what ways is Jet Blue's capital structure different from Google's capital...
-
Patient services revenues is the better cost driver. I selected this choice because the Revenues for Patient services should remain fairly relative from year to year whereas the number of bills...
-
Returning to your friend Ben and his family's boogie board company, Ben is also worried that the CFO is stealing cash. He just heard the CFO saying the company is having to watch cash really closely...
-
For #15, decide whether the given sets of vectors are linearly independent. Tell me how you know. 15. {[] []} 5 >
-
APC16550D UART has a clock running at18.432 MHz and its baud rate is set to 2000.Determine the HEX contents of its DLM and DLL registers. Please can you explain step by step and in detail how you get...
-
Urban Services, Inc., a management consulting group, is in its fourth year of operation. It consists of three independent groups: (1) legal services, (2) accounting services, and (3) portfolio...
-
Phil Brooks, president of Woodside Products. Inc., called Marilyn Mynar into his office one morning in early July 1993. Ms. Mynar was a business major in college and was employed by Woodside during...
-
Corrine Company owns a warehouse that it no longer needs in its own operations. The warehouse was built, at a cost of $270,000, 10 years ago, at which time its estimated useful life was 15 years....
-
Figure 5 shows a scatterplot for the variables number of farms and mean farm size in the United States. Each dot represents data from a single year between 1950 and 2000; on this diagram, the earlier...
-
Youve conducted a study to determine how the number of calories a person consumes in a day correlates with time spent in vigorous bicycling. Your sample consisted of ten women cyclists, all of...
-
The scatterplots in Figure 6 show two weeks of data comparing the actual high temperature for the day with the same-day forecast (part a) and the three-day forecast (part b). Estimate the correlation...
Study smarter with the SolutionInn App