Determine the weighted-average contribution margin

Assignment Help Accounting Basics
Reference no: EM131978151

Question - Martin, Inc., has two products: a pocket metronome (unit sales price, $25; unit variable cost, $15) and a pocket tuner (unit sales price, $14; unit variable cost, $9). The company's sales mix of the pocket metronome to the pocket tuner is 4:1 and fixed costs are $32,850.

a) Determine the weighted-average contribution margin.

b) Calculate the weighted-average breakeven point.

c) Compute the break-even point for each product.

Reference no: EM131978151

Questions Cloud

Determine the actual cost of debt or the cost of equity : How do we determine the actual cost of debt or the cost of equity; what approach would you use at your company?
Prevalence of a particular disease : Describe each major health problem (e.g. prevalence of a particular disease, mortality rate) noted from the health profile and identify the key determinants
How one might become an ally to victims of human trafficking : To prepare: Review "Working With Survivors of Human Trafficking: The Case of Veronica." Think about how one might become an ally to victims of human trafficking
Teach in independent schools : Should Christian teachers have one foundation if they teach in public schools and another foundation if they teach in independent schools? Why or why not?
Determine the weighted-average contribution margin : Martin, Inc., has two products: a pocket metronome (unit sales price, $25; unit variable cost, $15), Determine the weighted-average contribution margin
Develop image obsessions : Can someone reword this for me "For the girls who do develop image obsessions, it appears that the hypercritical environment of their youth produces
What would be its net futa tax for the year : If the company had taxable wages (FUTA & SUTA) during the year of $315680, what would be its net FUTA tax for the year
Implementations and the ethical and privacy issues : Biometrics - various implementations and the ethical and privacy issues related to the use of biometrics
What change you might make to the policies : Consider what change you might make to the policies that affect the client in the case you chose. Finally, think about how you might evaluate the success.

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