If the variable cost per unit to produce a skateboard is $15 and the contribution rate is

Fantastic news! We've Found the answer you've been seeking!

Question:

If the variable cost per unit to produce a skateboard is $15 and the contribution rate is 30%, what is the contribution margin?

Related Book For answer-question

Managerial Accounting

ISBN: 9781119577669

4th Edition

Authors: Charles E. Davis, Elizabeth Davis

See More Books

Posted Date: Mar 25, 2024 02:22 PM

See More Questions

Study the information given below and answer the following questions: (25 Marks) 1.1 Calculate the Payback Period of both machines (answers expressed in years, months and days). (5 marks) 1.2 Which...
Phillips Company manufactures air-conditioning units for commercial buildings and has noticed considerable variation in shipping expenses from month to month as per the data below: Month Units...
Imagine you are a member of your local school board. You wantan answer to the very simple question, Are students learning?What can you recommend to school principals to answer thequestion?
Let A and B be n n matrices. Prove that the matrix products A B and B A have the same eigenvalues.
For the Paul & Giovanni Foods scenario (Example 14.7), conduct a what-if analysis by varying k, the number of distribution centers, from 1 to 4. Summarize your results and write a short memo to the...
Which types of economic damages are related to digital crimes?
The fund-basis financial statements of Cherokee Library District (a special-purpose government engaged only in governmental activities) have been completed for the year 2012 and appear in the second...
Calculate the output of the neural network illustrated below figure 1 using the following activation functions. Consider all the weight values are equal to 1 . a . Binary Sigmoidal ( logsig )...
Find the present value of $1270 due in 60 days if money is worth 6.2%
Describe what a Reconciliation Action Plan (RAP) is and how it might be used in an early childhood service.
Outline the three major strategies pursued by Canadian businesses. What implications do they have for the HR functions within the firms? Illustrate your answer with suitable examples. What four...
Describe the value and purpose of a Reconciliation Action Plan (RAP).
Explain your historical understanding of the Stolen Generations in relation to Aboriginal and/or Torres Strait Islander Peoples.
Identify an organization that has achieved ISO 9000 certification and summarize the benefits and results that the organization has achieved using ISO 9000.
Work out this exercise on risk and return, Suppose you observe the following situation as depicted in the table below. If the risk-free rate is 8%, are these securities correctly priced? What would...
Write electron configurations for the following ions, and determine which have noble-gas configurations: (a) Cd2+ (b) p3- (c) Zr4+ (d) Ru3+ (e) As3- (f) Ag+
Which of the following statements regarding applications of ETFs in portfolio management is correct? A. Equity ETFs tend to be more active than fixed-income ETFs. B. The range of risk exposures...
Which of Stosurs statements regarding ETF mechanics is correct? A. Statement 1 B. Statement 2 C. Statement 3 Howie Rutledge is a senior portfolio strategist for an endowment fund. Rutledge meets with...
Factor (smart beta) strategy ETFs are least likely to be used by investors: A. to modify portfolio risk. B. for tactical trading purposes. C. to seek outperformance versus a benchmark.

If the variable cost per unit to produce a skateboard is $15 and the contribution rate is

Question:

Expert Answer:

The contribution margin can be calculated using the contributio... View the full answer

Managerial Accounting

Students also viewed these accounting questions