Compute the weighted average contribution margin

Assignment Help Accounting Basics
Reference no: EM133114791

Question - Johnny Shop produces three products.  Cost, price and volume data is shown below.

Total fixed costs: $4894

Tax Rate: 30%


Product X

Product Y

Product Z

Normal volume

254

233

277

Price per unit

$3.8

$4.8

$4.6

Variable cost per unit

$1.3

$2.4

$1.7

Required - Compute the weighted average contribution margin for Johnny shop.

Reference no: EM133114791

Questions Cloud

Prevalent healthcare fraud and abuse issues : What regulatory and governmental efforts are in place to reduce fraud and abuse?
Management of a multinational firm : The management of a multinational firm based in Asia that exports to the USA, is expecting an appreciation of the dollar and find this as an opportunity in the
What is the price of the bond : (1) A call option with a strike price of $55 can be bought for $4. What will be your net profit if you sell the call and the stock price is $52 when the call ex
Explain your definition of power : Explain your definition of power and how it has directly affected conflict in your personal or professional relationships.
Compute the weighted average contribution margin : Johnny Shop produces three products. Cost, price and volume data is shown below. Compute the weighted average contribution margin
Calculate the duration of a coupon bond : Calculate the duration of a coupon bond with the following characteristics (Show Work);
How much would the investment be worth today : Suppose you had a relative deposit $10 at 5.5% interest 200 years ago. How much would the investment be worth today?
The integration of organizations into health networks : What main effects on healthcare delivery have been produced by the integration of organizations into health networks?
What is the maximum lease payment acceptable to black oil : Suppose it is estimated that the equipment will have no savage value at the end of the lease. What is the maximum lease payment acceptable to Black Oil

Reviews

Write a Review

Accounting Basics Questions & Answers

  What value should be allocated to the building

Bowie Company made a lump sum purchase of land, building, and equipment. Bowie paid $70,000 cash for the lump sum purchase. What value be allocated to building

  Alocal pbs station has decided to produce a tv series on

a local pbs station has decided to produce a tv series on state-of-the-art manufacturing. the director of the tv series

  Which is not a method that is used for identity theft

Which is NOT a method that is used for identity theft? A computer fraud and abuse technique that steals information, trade secrets, and intellectual property

  What is the implication of applying accounting

What is the implication of applying accounting concepts wrongly

  A company pays for advertising space in the local paper

a company pays for advertising space in the local paper for ads to be run during the months of January

  How much gain will george have to recognize

How much gain/loss will George have to recognize if he specifically identifies the shares to be sold by telling his broker to sell all 870 shares

  Find payback period for investment opportunity

Find the Payback period for the following investment opportunity. Initial Cash Investment at the beginning of year 1 is $18,500

  Provide the journal entries

Question - CHANGE FROM FAIR VALUE THROUGH PROFIT OR LOSS TO EQUITY METHOD - Provide the journal entries in 2016, 2017, and 2018

  Would you as a bank loan officer make the loan

The Raattama Corporation had sales of $3.5 million last year, and it earned a 5 percent return, after taxes, on sales. Recently, the company has fallen.

  Prepare all of the journal entries for waters

During 2011, Denton reported income of $300,000 and distributed dividends of $110,000. Prepare all of the 2011 journal entries for Waters

  Make a statement of cash flows

On January 1, Year 1, Jana started a small flower merchandising business that she named Jana's Flowers. Make a statement of cash flows

  What are the ten must-have skills of an IT architect

What are the 10 must-have skills of an IT architect? what among the ten skills enlisted, a business CEO must also possess? Pick at least 3 and explain

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