Determining total contribution margin

Assignment Help Accounting Basics
Reference no: EM13149235

Now suppose that Sealing Company believes that it can sell no more that 12000 of the deluxe model but up to 50000 each of the basic and standard models at the selling prices estimated. What product mix would you recommend, and what would be the total contribution margin?

Reference no: EM13149235

Questions Cloud

What is the probability that sample mean height is greater : If a random sample of three South African men were selected at random, what is the probability that the sample mean height is greater than 72 inches? How do you do this two-part question?
Calculate domestic equilibrium price and output combination : Assuming the industry is perfectly competitive, calculate the domestic equilibrium price and output combination and Is the outcome in part B desirable from society's viewpoint
Find an interference value for this genetic interval : A particular Drosophila female that is wild-type in appearance is known to be heterozygous for the three recessive mutations black body (b), curved wings (c) and purple eyes (p).
Explain the heat combustion of acetylene : The heat combustion of acetylene, C2H2(g), at 25°C, is -1299 kJ/mol. At this temperature, ?H°f values for CO2(g) and H2O(l) are -393 and -286 kJ/mol
Determining total contribution margin : Now suppose that Sealing Company believes that it can sell no more that 12000 of the deluxe model but up to 50000 each of the basic and standard models at the selling prices estimated. What product mix would you recommend, and what would be the to..
Accounting rate of return on original investment : The company uses the straight-line method of depreciation with no mid-year convention. What is the accounting rate of return on original investment rounded to the nearest percent, assuming no taxes are paid.
How much heat was released by the reaction : when 50 mL of water containing .5 mol HCL at 22.5 degrees C is mixed with 50.0 mL of water at 25 degrees C in a calorimiter, the temperature of the solution increases to 26 degrees C. How much heat was released by this reaction?
Great recession, like any other economic downturns : During the Great Recession, like any other economic downturns, as unemployment rises, aggregate income declines causing a major decline in tax collections.
What is average number of callers waiting to place an order : What is the average time that catalog customers must wait before their calls are transferred to the order clerk? What is the average number of callers waiting to place an order?

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the updated principal balance

Paris Company buys a building on a plot of land for $100,000, paying $20,000 cash and signing a 20-year mortgage note for $80,000 at 6%. Monthly payments are $570. The first monthly payment was made in January, 2013. After the first payment, what ..

  Statement of comprehensive income

A statement of comprehensive income does not include: A) Gains resulting from the return on assets exceeding expectations. B) Gains and losses on unsold held-to-maturity securities. C) Losses resulting from the return on assets falling short of expec..

  Personal privacy and confidentiality in banking

Discuss the conflict between the need for personal privacy and confidentiality in banking transactions and the need for the government to curtail money laundering activities.

  Financial records reflect the specific year

Beige Corporation (a calendar year taxpayer) has taxable income of $150,000, and its financial records reflect the following for the year.

  Prepare ensinada purchases budgets for wax

Ensnada Mfg. Co, rpoduces candles that contain four raw materials: wax, dye, scented oil and a wick. Each candle usues eight ounces of wax and one ounce of die, which Ensinada purchase for $0.15 and $0.02 per ounce, respepctively.

  Amount debited to the asset account

At the time the machine was purchased, the market rate of interest was 10%. The amount that should be debited to the asset account, Machinery, on the date of purchase is (round to the nearest dollar)

  Determining type of audit report

For each of the following situations, indicate what type of audit report is most appropriate.

  Contribution margin ratio

Gerber Company is planning to sell 200,000 units for $2.00 a unit and will just break even at this level of sales. The contribution margin ratio is 25%. What are the company's fixed expenses?

  Preparing a schedule of depreciation

Preparing a schedule of depreciation for forklift trucks in the receicing department of a General Electric factory in scotland

  Explain what impact the change in the currency exchange rate

International Electronic Inc. invested $1,000,000 to build a plant in a foreign country. The labor and materials used in production are purchased locally.

  What are total current assets

The following accounts were included on Megan's Style Consultants adjusted trial balance at December 31, 2010: What are total current assets?

  Concept of marginal tax rate

Therefore, the S corporation sells the assets, resulting in a $90,000 capital gain, and liquidates. Assuming that Phil is subject to a marginal tax rate of 30%, what taxes are due?

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