What is the companys unit contribution margin

Assignment Help Financial Management

Reference no: EM13813577

A cement manufacturer has supplied the following data:

Tons of cement produced and sold 245,000

Sales revenue $1,078,000

Variable manufacturing expense $424,000

Fixed manufacturing expense $283,000

Variable selling and administrative expense $66,000

Fixed selling and administrative expense $223,000

Net operating income $82,000

What is the company's unit contribution margin? (Do not round your intermediate calculations.)

$0.42 per unit

$4.40 per unit

$2.00 per unit

$2.40 per unit

Reference no: EM13813577

Questions Cloud

Identify and describe the social factors : Identify and describe the social factors that contribute to the problem. Identify and examine a federal or state social welfare policy that aims to address this social problem

Goals of historical terrorist organizations : Do you think that the goals of historical terrorist organizations were any different from those of the terrorist organizations of today - did the terrorists succeed at achieving their goals? Why or why not?

Contribution margin ratio-net operating income : Maack Corporation's contribution margin ratio is 19% and its fixed monthly expenses are $51,500. If the company's sales for a month are $314,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses ..

Could nation-states of europe have expanded into the america : Could the nation-states of Europe have expanded into the Americas without the policies of slavery and warfare against the Native American societies?

What is the companys unit contribution margin : A cement manufacturer has supplied the following data: What is the company's unit contribution margin?

The degree of operating leverage : Kendall Company has sales of 1,500 units at $60 a unit. Variable expenses are 30% of the selling price. If total fixed expenses are $53,000, the degree of operating leverage is:

Capital balance after closing income summary to capital : Deng and Dang are partners who share income in the ratio of 3:2. Their capital balances are $48,122 and $62,776 respectively. Income Summary has a credit balance of $44,798. What is Deng's capital balance after closing Income Summary to Capital?

Future of digital crimes and digital terrorism : Assignment: The Future of Digital Crimes and Digital Terrorism, In the United States, a number of law enforcement agencies, including the Secret Service, the Federal Bureau of Investigation (FBI), and the Department of Homeland Security among othe..

Break-even point for the entire company is closest : Mounts Corporation produces and sells two products. In the most recent month, Product I05L had sales of $39,000 and variable expenses of $11,580. Product P42T had sales of $52,000 and variable expenses of $16,630. The fixed expenses of the entire com..

User Account

All Pages