Reference no: EM133064619
Questions -
Q1. For a manufacturer, measures of volume may include:
a. All of the above answers are correct.
b. Amount of direct materials used in production.
c. Number of direct hours worked.
d. Number of units produced.
Q2. Karen is a Certified Management Accountant and is bound by the IMA's Standards of Ethical Conduct. Her superior has asked her to try to influence the firm's outside auditors with expensive gifts and favors. If Karen complies, she will violate the competence standard.
True or False
Q3. Best Detroit Asphalt Inc., a manufacturer of premium quality asphalt, has given you the following data as is requesting your help:
Tons of asphalt produced and sold 220,000
Sales revenue $924,000
Variable manufacturing expense $297,000
Fixed manufacturing expense $280,000
Variable selling and admin expense $165,000
Fixed selling and admin expense $82,000
Net operating income $100,000
a. Calculate the company's unit contribution margin.
b. Calculate the company's unit contribution ratio.
c. If the company increases its unit sales volume by 5% without increasing its fixed expenses, what would the company's net operating income be?
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Diversity in workplace
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What will be the effect on cash flows of this sale
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Calculate the company unit contribution margin
: Best Detroit Asphalt Inc., a manufacturer of premium quality asphalt, Calculate the company unit contribution margin
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