Compute the total contribution margin

Assignment Help Financial Accounting
Reference no: EM133052429

Question - Hamzah Inc. reported the following information at the end of the first quarter of 2020,

Sales $62890

Direct materials $8767

Direct labor $6957

Factory utilities (variable) $4741

Factory rent $7872

Sales staff salary $5958

Sales commission $2374

Office rent $3439

Required - Compute the total contribution margin?

Reference no: EM133052429

Questions Cloud

Process recruiting new employees : Create a (fishbone)cause-and-effect diagram, identify the root cause of the problem (below) you are trying to solve for the process (below) you chose.
How much is the increase in the share of C : X, the testator, instituted a b and c as heirs to his estate values at 6,500,000. How much is the increase in the share of C if A predeceased B and C
Several big data visualization tools : Several Big Data Visualization tools have been evaluated in paper. While the focus was primarily on R and Python with GUI tools,
Explain project governance : Explain project governance. Summarise two project governance models and explain one advantage and disadvantage of each.
Compute the total contribution margin : Question - Hamzah Inc. reported the following information at the end of the first quarter of 2020, Compute the total contribution margin
External factors or environments of canada and mexico : JF Services is a (fictitious) company that is dedicated to the manufacture and distribution of agendas or workbooks. Expanding globally to Mexico and Canada
What is the npv of this cash flow : Assume the first outflow occurs in period zero. The relevant per-period discount rate is 10%. What is the NPV of this cash flow
What is byrna technologies inc mission : During your last meeting with Tom Peters on October 27, 2021, he expressed interest in evaluating whether there may be consulting opportunities for NewCo Consul
Tracing a Route : You will use a command line interface to execute a network command that can help to diagnose system or network problems.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Prepare a determination and distribution of excess schedule

Prepare a determination and distribution of excess schedule for the investment (a value analysis is not needed). Prepare all the eliminations and adjustments that would be made on the 20X1 consolidated worksheet.

  Calculate the activity rate for machine-related costs

Machine-related costs equal $160,000. Other overhead costs equal $240,000. Calculate the activity rate for machine-related costs

  Find what was the fixed cost associated with utilities bill

$3,200 for the months of January and September. If we produced 1,000 and 600 units in these months, what was the fixed cost associated with the utilities bill?

  Calculate the expected return over a the next three months

A stock is currently priced at $60 per share. Calculate the expected return over a the next three months, i.e., quarterly return

  Show provide journal entries to account for the revaluation

Show Provide journal entries to account for the revaluation. On 1 July 2020, it is decided to revalue the asset to its fair value of $150 000.

  While an internal sales force has fixed costs projected

A manufacturer is considering a switch from manufacturers’ representatives to an internal sales force. The following cost estimates are available. Manufacturers’ reps are paid 8.4% commission and incur $650,000 in fixed costs; while an internal sales..

  Prepare a pension worksheet for blue corporation

Prepare a pension worksheet for Blue Corporation for 2020. Blue Corporation is a privately owned company that uses ASPE. Pension Plan Assets 1,530,000

  What is minimum number of shares you need to own to ensure

The shareholders of the Pickwick Paper Company need to elect eight directors. There are 200,000 shares outstanding. What is the minimum number of shares you need to own to ensure that you can elect at least one director if the company has majority vo..

  How much of the cash must Albert receive

The noncash assets are sold for P 800,000, with P 210,000 of this amount being used to pay liquidation expenses. How much of the cash must Albert receive

  What is the journal entry that will be recorded on december

Magic Marker Incorporated has a December 31 year-end date. What is the journal entry that will be recorded on December 31, 2015?

  Journalize the partnership reciept of assets

Journalize the partnership reciept of assets, the liabilities from simson and Gonzales record each assets at current market value with no entry

  How does financial performance measurement help accountants

How does financial performance measurement helps accountants or managers to make decisions? What is the difference between horizontal, trend, vertical and ratio analysis?

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