Determining total contribution margin

Assignment Help Accounting Basics
Reference no: EM13149235

Now suppose that Sealing Company believes that it can sell no more that 12000 of the deluxe model but up to 50000 each of the basic and standard models at the selling prices estimated. What product mix would you recommend, and what would be the total contribution margin?

Reference no: EM13149235

Questions Cloud

What is the probability that sample mean height is greater : If a random sample of three South African men were selected at random, what is the probability that the sample mean height is greater than 72 inches? How do you do this two-part question?
Calculate domestic equilibrium price and output combination : Assuming the industry is perfectly competitive, calculate the domestic equilibrium price and output combination and Is the outcome in part B desirable from society's viewpoint
Find an interference value for this genetic interval : A particular Drosophila female that is wild-type in appearance is known to be heterozygous for the three recessive mutations black body (b), curved wings (c) and purple eyes (p).
Explain the heat combustion of acetylene : The heat combustion of acetylene, C2H2(g), at 25°C, is -1299 kJ/mol. At this temperature, ?H°f values for CO2(g) and H2O(l) are -393 and -286 kJ/mol
Determining total contribution margin : Now suppose that Sealing Company believes that it can sell no more that 12000 of the deluxe model but up to 50000 each of the basic and standard models at the selling prices estimated. What product mix would you recommend, and what would be the to..
Accounting rate of return on original investment : The company uses the straight-line method of depreciation with no mid-year convention. What is the accounting rate of return on original investment rounded to the nearest percent, assuming no taxes are paid.
How much heat was released by the reaction : when 50 mL of water containing .5 mol HCL at 22.5 degrees C is mixed with 50.0 mL of water at 25 degrees C in a calorimiter, the temperature of the solution increases to 26 degrees C. How much heat was released by this reaction?
Great recession, like any other economic downturns : During the Great Recession, like any other economic downturns, as unemployment rises, aggregate income declines causing a major decline in tax collections.
What is average number of callers waiting to place an order : What is the average time that catalog customers must wait before their calls are transferred to the order clerk? What is the average number of callers waiting to place an order?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Variable overhead rate variancea and overhead efficiency

What are the standard hours allowed for the output? What was the variable overhead rate variance? What was the variable overhead efficiency variance? What was the fixed manufacturing overhead budget variance?

  Account for sale of securities from each portfolio

How should Victoria account for the sale of securities from each portfolio? And Why? (What is the justification for the recommended accounting treatment).

  What amount of drawings was made

Net income is $29,000. Beginning capital balance was $34,000. Ending capital balance was $55,000. No capital contributions were made by the owner during the year. What amount of drawings was made?

  Project profitability index

Suture Corporation's discount rate is 12%. If Suture has a 5-year investment project that has a project profitability index of zero, this means that:

  What is a break even point

What is a break even point? a) The level of operations at which a business revenues exceeds the budget. b) The level of operations at which the business will be able to break into a new market

  Calculate the multifactor productivity composed of labor

Calculate the multifactor productivity composed of labor and capital units shipped plus finished goods for PCCorp. In place of fixed costs use (sales + finished goods)

  Property taxes on personal rededence

Brent is shocked when he learns that the property taxes on her personal rededence have increased for 2010. Not only has the tax rate not changed , but he feels that the value of his redidence has decreased. What could be a possible explanation for..

  What is cost of goods manufactured

work in process inventory on december 31,2011, is $42,000. work in process inventory decreased 40% during 2011. total manufacturing cost incurred in 2011 amount to $260,000. what is cost of goods manufactured?

  Compute the ending inventory

On January 10, Klugman purchased 6 units at $660 each.The company sold 2 units on January 8 and 4 units on January 15. Compute the ending inventory under (1) FIFO, (2) LIFO, and (3) average-cost.

  What are the total period costs incurred this period

What are the total Period Costs incurred this period?

  Discuss the significant differences between two approaches

The convergence process is likely to lead to the acceptance of the IFRS approach. Explain whether or not you agree with this decision.

  What is hanover adjusted gross income

During 2011, Milton Hanover was granted a divorce from his wife. The divorce decree stipulated that he was to pay both alimony and child support for a specified period of time.

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