Compute the contribution margin per unit

Assignment Help Accounting Basics
Reference no: EM131777308

Question - Carver Company produces a product which sells for $30. Variable manufacturing costs are $15 per unit. Fixed manufacturing costs are $5 per unit based on the current level of activity, and fixed selling and administrative costs are $4 per unit. A selling commission of 10% of the selling price is paid on each unit sold. The contribution margin per unit is:

a. $8

b. $15

c. $3

d. $12

Reference no: EM131777308

Questions Cloud

Analyze the definition of competitiveness of an economy : Carefully analyze the definition of ‘competitiveness’ of an economy with respect to the Global Competitiveness Report.
Organization major problems-issues : Microsoft corporation project-Organization Major Problems & Issues (Address Problem Statement)
How the moches and chimus use the land to construct temple : How the Moches & Chimus use the land to construct their temple and main cities. How the location and the climate phenomenon affected or raised their society?
Provide a minimum of two practical recommendations : Provide a minimum of two practical recommendations for each leadership challenge. Recommendations should integrate the facts from the scenario
Compute the contribution margin per unit : A selling commission of 10% of the selling price is paid on each unit sold. The contribution margin per unit is
Recently started her own interior design business : Karen recently started her own interior design business. When she goes to a printing shop to order business cards for her new venture, manufacturing process
Discuss the possible effects of applying risk assessment : Discuss the possible effects of applying risk assessment and risk management in policing, pertaining to curtailing department and officer misconduct.
Expectations for strategic hr decision-making : Explain the expectations for strategic HR decision-making. Analyze societal considerations which impact HR decisions
Determining the cost per piece produced : You have a machine that costs exist60, 000 now and can be sold for exist25, 000 in year 6. The machine costs exist15, 000 each year to operate.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd