Calculate the total contribution margin

Assignment Help Accounting Basics
Reference no: EM132734687

Problem - Company XYZ produced and sold 7,500 units. The selling price per unit was OMR22. The variable manufacturing cost per unit was OMR8. The variable selling and administrative expenses per unit was OMR10. The total fixed expenses were OMR2,000. Calculate the total contribution margin.

Reference no: EM132734687

Questions Cloud

Count the number and types of organisms : A. Count the number and types of organisms that live in the area when you set up the preserve.
Estimate the terminal value for the firm : If the cost of capital for the firm is expected to be 10% in perpetuity, estimate the terminal value for the firm. (The tax rate for the firm is 40%.)
Some storage tanks contained aluminum powder : he paint formerly used on some storage tanks contained aluminum powder, which reflected heat from the surface of the tanks.
Regulation of gene expression in bacteria : In terms of regulation of gene expression in bacteria, what is the main difference between the regulation of biosynthetic (anabolic) pathway operons
Calculate the total contribution margin : The variable selling and administrative expenses per unit was OMR10. The total fixed expenses were OMR2,000. Calculate the total contribution margin
Scholarly discussion in online environment : What are the principles of scholarly discussion in an online environment? How does this differ from a friendly conversation or social network?
Compare and contrast the mechanisms of action : Calcium plays a major role in both neural and neuro-muscular cell-cell signaling. Compare and contrast the mechanisms of action
Design a virtual robot that self-navigate : Design a virtual robot that self-navigate through unknown maze using 3 different algorithms -chance to put forward an idea for your project.
Pin hole viewer experiment : What is the diameter of the sun using your pinhole viewer? How does your determined diameter compare to the accepted diameter of the sun?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Pearson architectural design began operations on january 2

pearson architectural design began operations on january 2. the following activity was recorded in the companys work in

  Prepare a consolidation worksheet showing the eliminations

Prepare a schedule showing the amount of goodwill from this purchase. Prepare a consolidation worksheet showing the eliminations

  Terrier repair service accepted the sellers counteroffer

On November 23, Terrier Repair Service extended an offer of $40,000 for land that had been priced for sale at $48,500. On December 2, Terrier Repair Service accepted the seller's counteroffer of $44,000.

  Prepare the corporations income statement for the year

information concerning operations of camping gear corporation during 2011 is as followsa. administrative expenses

  What the balance of the discount on payable account

What should be the balance of the Discount on Notes Payable account on the books of Jefrey at January 1, 2005 after the first payment is made

  Comparing full absorption and variable costing

Consider the following information for Presidio Inc.'s most recent year of operations. Additional information for Presidio's most recent year of operations follows:

  What is the major source of cash in the cash from investing

What is the major source of cash in the Cash from Investing Activities section?

  Compute diluted earnings per share for the year ended

Assuming there are no antidilutive securities, what is the number of shares Feterik should use to compute diluted earnings per share for the year ended December

  A company distributed a single product at a cost of 8 per

a company distributed a single product at a cost of 8 per unit. the variable costs are 6 per unit and monthly fixed

  Describe issues that business should consider

A business is considering dropping a segment of its business. Describe the issues that the business should consider in making this decision.

  Break-even point expressed in total revenue

Days of Our Lives Hospital has total variable costs of 90% of total revenues and fixed costs of $50 million per year. There are 50,000 patient-days estimated for next year. What is the break-even point expressed in total revenue?

  Manufacturing cost per unit for each product

Compute the manufacturing cost per unit for each product produced in January. Suppose production will be reduced to 30,000 units in February. Speculate as to whether the unit costs in February will most likely be higher or lower than unit costs in ..

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