A product has a sales price of $383 and a per-unit contribution margin of $40. What is the contribution margin ratio? Round to the nearest percentage, no decimals.
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A product has a sales price of $383 and a per-unit contribution margin of $40. What is the contribution margin ratio? Round to the nearest percentage, no decimals.
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- A product has a sales price of $230 and a per-unit contribution margin of $115. What is the contribution margin ratio? Contribution margin ratio fill in the blank 1%A product has a sales price of $140 and a per-unit contribution margin of $14. What is the contribution margin ratio? Contribution margin ratioThe Marginal Revenue function for a company's product is:MR = 240000 - 22xwhere x equals the number of units sold. If total revenue equals 0 when 0 units are sold, determine the total revenue.
- The sales price for a product provides a gross profit of 24% of sales price. What is the gross profit as a percentage of cost? O 24%. O Not enough information is provided to determine. O 19%. O 31.58%.Blossom Electronix sells computer tablets and MP3 players. The business is divided into two divisions along product lines. CVP income statements for a recent quarter's activity are presented below. Sales Variable costs Contribution margin Fixed costs Net income Tablet Division $671,000 496,540 $174,460 MP3 Player Division $429,000 253,110 $175,890 Total $1,100,000 749,650 350,350 128,037 $222,313Suppose that a firm makes two products, A and B. The sales mix in units for the period is 70% for A and 30% for B. If the unit contribution margin for A is $8.83 and the unit contribution margin for B is $5.76, then the weighted-average unit contribution margin is: (Input your answer using two decimal places. Do not use commas or dollar signs. Don't round any intermediate calculations)
- A business has selling price of P 129.50 with an average variable cost of P 54.40. Fixed costs are P 1,400,000. Calculate the following: What is the variable cost percentage? (Answer the figures only; two decimal places)Calculate the total contribution margin and the contribution margin ratio for each sales representative (round to two decimals places)The total revenue function for a product is given by R=805 x dollars, and the total cost function for this same product is given by c=24500+70x+x square, where C is measured in dollars. For both functions, the input x is the number of units produced and sold. a. Form the profit function for this product from the two given functions. b. What is the profit when 26 units are produced and sold? c. What is the profit when 40 units are produced and sold? d. How many units must be sold to break even on this product?
- (1)Use the graph to answer the question that follows. Based on the chart above, if the product sells at a price of $3 per unit, what is the marginal revenue product of the second unit of labor? A-$30. B-$45. C-$90. D-$120. E-Indeterminate (2)The number of units of output that a machine will produce increases, ceteris paribus. How will this change in productivity affect demand for the machine? A-Demand for the machine will increase. B-Demand for the machine will decrease. C-There will be no change in demand for the machine. D-Demand will not change, but quantity demanded will decrease. E-Demand will not change, but quantity demanded will increase.3. The following information relates to CEE Company: (Refer to image). Assume that the company uses the average cost approach. What is the cost ratio? Express your answer in percentage and round up to two decimal points.Given the following information, find number of customers: Profit, $33,603; sales price per unit, $17.00; fixed costs, $97,197; contribution rate, .6