The best estimate of the total contribution margin

Assignment Help Financial Accounting
Reference no: EM13794881

Ladanza Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $134.00 per unit.

Sales volume (units)       14,100                   15,460  

Cost of sales       $1,085,700           $1,190,420  

Selling and administrative costs                 $625,000              $650,840  

The best estimate of the total contribution margin when 15,160 units are sold is:

Reference no: EM13794881

Questions Cloud

What are the dividends received by the preferred stockholder : Brewer Inc. has 5,000 shares of 8%, $50 par value, cumulative preferred stock and 100,000 shares of $1 par value common stock outstanding at December 31, 2014, and December 31, 2013. The board of directors declared and paid a $15,000 dividend in 2013..
The differences between intellectual and real property : What are the differences between intellectual property and real property
Hexavalent chromium in cooling towers for air conditioners : Calcium hypochlorite is known by what name when it is used as a disinfectant in swimming pools?
What is the amount of interest winrow must pay bondholders : Winrow Company received proceeds of $565,500 on 10-year, 8% bonds issued on January 1, 2013. The bonds had a face value of $600,000, pay interest annually on December 31st, and have a call price of 101. Winrow uses the straight-line method of amortiz..
The best estimate of the total contribution margin : Ladanza Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $134.00 per unit.
Describe any similar operating-system-related challenges : Describe any similar operating-system-related challenges faced by your organization - Discusses similar challenges faced by organizations with constraints related to the lack of features.
Average rate of return-cost savings : Master Fab Inc. is considering an investment in equipment that will replace direct labor. The equipment has a cost of $136,000 with a $12,000 residual value and a five-year life. Determine the average rate of return on the equipment, giving effect to..
Compare and contrast laura and joshuas videos : Compare and Contrast Laura and Joshua's videos. Joshua uses humor to explain his illness, while Laura is more emotional.
Net operating income should increase by about : Sperberg Corporation's operating leverage is 5.2. If the company's sales increase by 10%, its net operating income should increase by about:

Reviews

Write a Review

Financial Accounting Questions & Answers

  Prepare a statement of cash flows

Prepare a statement of cash flows in proper form for 2006, using the indirect or the direct method and Prepaid expenses pertain to operating expenses; accounts payable pertains to merchan-dise purchases.

  Dividing partnership income

awford and Delgado have decided to form a partnership. They have agreed that Lawford is to invest $90,000 and that Delgado is to invest $30,000. Lawford is to devote one-half time to the business and Delgado is to devote full time.

  Multiple choice questions related to basic1 which of the

multiple choice questions related to basic1. which of the following is true about service providers liens on personal

  What do you notice about the payoff profile

Suppose a financial manager buys call options on 50,000 barrels of oil with an exercise price of $95 per barrel. She simultaneously sells a put option on 50,000 barrels of oilwith the same exercise price of $95 per barrel. Consider her gains and loss..

  Key factors involved in the emergence of the bric economies

The G Banking Group recently reported that it was off shoring (moving) its back-office operations from European country D to India where it already has some significant operations. Centralizing most back-office operations in India is part of the Grou..

  Classify each of the costs as a capital expenditure

Classify each of the costs as a capital expenditure or a revenue expenditure. For those costs identified as capital expenditures, classify each as an additional or replacement component.

  Illustrate what is the value of nebula stock to an investor

Nebula currently pays a dividend of $0.50 per share. Illustrate what is the value of Nebula stock to an investor who requires a 14 percent rate of return?

  Project has estimated annual net cash flows

A project has estimated annual net cash flows of $69,000 and is estimated to cost $386,400. What is the payback period? (Round your answer to 2 decimal places.)

  Purpose the journal entries required on wild expansion co

Purpose the journal entries required on Wild Expansion Co.'s books to record the exchanges.

  Facilities presently devoted to production of prositrons

Assume Hanson, Inc. has no alternative use for the facilities presently devoted to production of the prositrons. If the outside supplier offers to sell the prositrons for $850 each, should Hanson, Inc. accept the offer? Fully support your answer w..

  Illustrate what is damon expected price

The stock's dividend is projected to increase at a constant rate of 7% per year. The required rate of return on the stock is 10%. Illustrate what is Damon's expected price 4 years from today ?

  Prepare the journal entry to record the redemption

Claremont decides to redeem these bonds at 102 after paying annual interest. Prepare the journal entry to record the redemption on July 1, 2012.

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