Sweet Taste has the capacity to produce either 45,000 corncob pipes or 21,000 cornhusk dolls per year. The pipes cost $3.00 each to produce and sell for $7.50 each. The dolls sell for $10.00 each and cost $4.00 to produce. Required Calculate the contribution margin per unit and the total contribution margin for Pipes and Dolls. Assuming that Sweet Taste can sell all it produces of either product, should it produce the corncob pipes or the cornhusk dolls?

Answers

Answer 1

For Pipes and Dolls, the contribution margin per unit and the overall contribution margin are $4.50 and $6.00, respectively.

What are contribution margin and gross margin?

Gross margin encompasses all costs related to a particular product, whereas contribution margin just accounts for a good's variable expenditures.

The contribution margin is the amount of revenue left over after subtracting the variable expenses associated with producing an item or service. This indicator is used to determine how much of each transaction goes toward covering fixed costs and, ultimately, increasing the bottom line of the business.

The portion of sales revenue known as "Contribution" that goes toward covering fixed expenses rather than paying for variable charges.

Particulars                                                                Pipes            Dolls

Selling price per unit                                               $7.50           $10.00

Less: Variable cost of production per unit            ($3.00)         ($4.00)

CM per unit                                                               $4.50           $6.00

Particulars                                                       cornhusk dolls     corncob pipes  

Number of units produced                                   21,000                  45,000

Multiplied by:                                                         $6.00                    $4.50

Contribution margin (per production unit)       $1,26,000         $2,02,500

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Related Questions

Which of these details can be found on this kind of
informative website? Choose two answers.
activities
donor list
recipients
mission statement
founding members

Answers

Out of all given choices, activities and donor list can be found on the given kind of informative website. Thus, Answer would be Option A and B.

Explain how the above answer can be found on this kind of informative website?

Nonprofit organisations must examine their operations and stop any unsuccessful ones for their own good. And then they need to look at some of these ancillary improvements to find increasingly effective ways to create a workable financial model for their social change effort.

Events can be favorable if they are substantial, permitted to occur, and focused on creating as well as managing current or future important donors (individuals, institutions, corporate pioneers). However, only if you follow up with participants one-on-one to include them in the association as well as in the long term ask them to contribute or restore their commitments.

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Which statement is true regarding monopolistic competition?

Answers

Answer:

AR>MR

--------------------------------------

WHERE ARE THE OPTIONS.

what is a con of investing in bonds

Answers

The cons of investing in bonds includes:

rising interest rates, market volatility, credit risk.bonds can decrease return on equityit require payment of both periodic interest and the par value at maturity

What is a bonds investment?

These are investment securities where an investor lends money to a company or a government for a set period of time in an exchange for regular interest payments.

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Hey guys i dont know who to vote for plz give me suggestions and reasons why

Answers

Answer:

me ig im just trying to get more points and brainliest

Explanation:

also im nice :) when people are not rude to me

If you were seleted for this position, how quickly would you be able to start?*​

Answers

If I were selected for the position, I would be able to start immediately, provided that all the formalities have been completed and all the requirements have been fulfilled.

As a responsible individual, I would like to make sure that I do not leave my current employer stranded and would provide them with adequate notice as required. I believe in fulfilling my professional obligations and would like to do the same in my current position. I would work with my current employer to ensure that I am released from my current position in a professional and amicable manner. This would include ensuring that all my work is up-to-date and handing over my responsibilities to my successor in a systematic and thorough manner.

Once the notice period is over and all the formalities have been completed, I would be able to start working in my new position. I understand the importance of being punctual and professional and would make sure that I arrive at work on time and fulfill all my responsibilities to the best of my abilities. I believe in teamwork and would work closely with my colleagues to ensure that the objectives of the organization are met.

In conclusion, if I were selected for the position, I would be able to start immediately, provided that all the formalities have been completed and all the requirements have been fulfilled. I would work with my current employer to ensure that I am released from my current position in a professional and amicable manner and would arrive at work on time and fulfill all my responsibilities to the best of my abilities.

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jonathan has an outgoing personality. he enjoys making home repairs and watching TV shows about house flipping. jonathan has a degree in business, but he likes the customer service side of business more than the finance component. which of the following careers would be most suitable for jonathan?

Answers

The most suitable career for Jonathan would be a real estate broker.

Why would a real estate broker be suitable for Jonathan?

Jonathan's outgoing personality and interest in home repairs align well with a career in real estate. As a real estate broker, he would have the opportunity to work closely with clients, providing customer service and helping them navigate the process of buying and selling properties.

His passion for watching TV shows about house flipping indicates a strong interest in the real estate market which would be beneficial in this role. Additionally, his degree in business would provide a solid foundation for understanding the business aspects of real estate transactions.

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answer the question on the basis of the data given in the following production possibilities table. production possibilities (alternatives) a b c d e f capital goods 5 4 3 2 1 0 consumer goods 0 5 9 12 14 15 Refer to the table. For these data, the law of increasing opportunity costs is reflected in the fact that Select one: A. the production possibilities data would graph as a straight downsloping line. B. the economy's resources are presumed to be scarce. C. larger and larger amounts of capital goods must be sacrificed to get additional units of consume D. the amount of consumer goods that must be sacrificed to get more capital goods diminishes beyond a point

Answers

For these data, the law of increasing opportunity costs is reflected in the fact that C. larger and larger amounts of capital goods must be sacrificed to get additional units of consumer goods.

Opportunity cost is the price you pay for giving up something in order to do what you are doing right now. The opportunity cost of working is the value you would have obtained if you chose to go to the beach instead of choosing between going to work and going to the beach.

According to the law of growing opportunity costs, the cost of producing a second good will rise as you create more of the first. The best way to describe the law is via a graphic illustration of the PPF, or production possibility frontier.

The PPF is a graph that displays all possible pairings of two items that can be generated given the resources at hand. 

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What will produce more accurate results when giving a survey?
A. Using the word "frequently" in a question
B. Creating face-to-face interviews
C. Adding boxes to check for answers
D. Creating an open questions

Answers

Answer:

Option B; Creating face-to-face interviews

Explanation:

Research has shown that face-to-face interviews tend to produce more accurate results when giving a survey. So the correct answer is option B.

Select the correct answer.
In general, how long does it take to accomplish a long-term goal?
OA.
a few days to a week
OB.
a few weeks to a month
OC.
a few months to a year
OD.
more than a year

Select the correct answer.In general, how long does it take to accomplish a long-term goal?OA.a few days

Answers

C or d sorry if wrong

Question 6
(6 Marks)
Entity Z is trying to obtain a cost estimate for the costs of repairs. The following monthly repair costs
have been recorded for the past six months.
Plack Company is a manufacturing company that makes and sells a single product. The following
information relates to the company's manufacturing operations in the next financial year.
->
Opening and closing stock:
Production:-
Sales:
Fixed production overheads:
Fixed sales overheads:
Nil
18,000 units-unit manufactured 3000
15,000 units Units sold,
Closing
Inver
R72,000
Using absorption costing, the company has calculated that the budgeted profit for the year will be
R43,000.
>
Marginal Absorption
Required:
What would be the budgeted profit if marginal costing is used, instead of absorption costing?

Answers

The budgeted profit using marginal costing would be -R12,000.

How to calculate the cost

Using the information provided:

Opening stock = 0

Production = 18,000 units

Closing stock = 0

Fixed production overheads = R72,000

Total variable manufacturing costs = 0 + 18,000 - 0 - R72,000 = -54,000 (negative value due to fixed production overheads)

Total variable production cost per unit = -54,000 / 18,000 = -3 (negative value due to fixed production overheads)

Budgeted profit using marginal costing = (Sales - Total variable production cost per unit * Units sold) - Fixed sales overheads

Given:

Sales = 15,000 units

Fixed sales overheads = R72,000

Total variable production cost per unit = -3

Budgeted profit using marginal costing = (15,000 - (-3) * 15,000) - 72,000

= (15,000 + 45,000) - 72,000

= 60,000 - 72,000

= -12,000

Therefore, the budgeted profit using marginal costing would be -R12,000.

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A___ Relationship would include your co-workers and friends.

Answers

Answer:

A colleague Relationship would include your co-workers and friends.

Households with net worth in the negative or zero have the highest average credit card debt.Why do you think this is?

Answers

Households with net worth in the negative or zero may have the highest average credit card debt because they face financial difficulties on account of lower incomes.

Why do lower net worth households have debt ?

It's possible that these households experience financial hardships or lower incomes which restrict them in building savings and assets. Hence, they end up resorting to credit cards as means of survival, and this may be a key reason behind their increased level of credit card debt.

Moreover, it is likely that households with negative or no net worth confront limited access to alternative forms of credit, like loans or lines of credit. Consequently, these people probably feel compelled to rely on credit cards increasingly for borrowing purposes. In turn, this tendency could augment their level of credit card debt.

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The laws passed by Congress and by state legislatures are called:

Answers

Answer:

Rules

Explanation:

I think I'm right

Answer:

Rules

Explanation:

Yes I think this is right

All of the following items should be considered when setting an export price
except
A. The tariff rate and value-added tax.
B. Transportation costs.
C. Prices of substitutes in foreign markets.
D. Repatriation restrictions

Answers

Answer:

D. Repatriation restrictions should not affect the prices of commodities

Explanation:

Repatriation  has to do with the conversion of foreign currency to home based currency. this is done in a bid to carry out international transaction effectively

while these items affects the prices of export

A. The tariff rate and value-added tax.

B. Transportation costs.

C. Prices of substitutes in foreign markets.

for all the benefits they bring to business, social media and other communication technologies have created a major new challenge: responding to online rumors, false information, and attacks on a company's reputation. from the video, it appears that orange photography believes that the most important step in responding to a crisis or rumors is .

Answers

It appears that orange photography believes that the most important step in responding to a crisis or rumor is bad news.

The motive of images is to talk and record moments in time. An image freezes a moment, which results in a story of the character, environment, animal, or landscape. research shows that taking pics improves your visible reminiscence and reveal.

The use of a camera to locate beauty in matters and those around us enables us to peer things in a unique mild. A first-rate healing benefit of images is that they could assist us to see the splendor surrounding us we simply have to take a moment to forestall and look.

The seven standards of layout, rhythm, pattern, emphasis, contrast, cohesion, and motion shape the inspiration of visible art. using the seven ideas lets you take more manipulation of your photographic exercise. this may cause better photographs and more photographic opportunities.

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A married couple with only one spouse currently working outside the home plans to retire in several years. An annuity that would be particularly suitable for saving for that retirement would be:_________
a. a straight life annuity on the life of the working spouse,
b. a straight life annuity on the life of the nonworking spouse,
c. a deferred joint and survivor annuity,
d. an immediate joint and survivor annuity.

Answers

Answer:

b i'm not sure but don't go by my answer please i don't want to get u wrong

Explanation:

(Ignore income taxes in this problem.) Latting Corporation has entered into a seven-year lease for a building it will use as a warehouse. The annual payment under the lease will be $4,781. The first payment will be at the end of the current year and all subsequent payments will be made at year-end. If the discount rate is 6 percent, the present value of the lease payments is closest to:
a. $22,257
b. $31,573
c. $26,688
d. $33,467

Answers

Answer:

C. $26,689.46

Explanation:

Computation of the present value is

Annual payment × (PVIFA of 7 years, 6%)

Where PVIFA = (1-(1+r)^-n)/r

Where n= Number of period

r= Rate applied

PVIFA = 5.5824 (Kindly check attached picture for explanation

= $4,781 × 5.5824

=$26,689.46

(Ignore income taxes in this problem.) Latting Corporation has entered into a seven-year lease for a

An apartment building in your neighborhood is for sale for $140,000. The building has four units, which are rented at $500 per month per unit. The tenants have long-term leases that expire in 5 years. Maintenance and other expenses for upkeep are $8000 annually. A new university is being built in the vicinity and it is expected that the building could be sold for $160,000 after 5 years. Part 1: What is the IRR for this investment? Part 2: Should the investment be accepted if you have a MARR of 12%?

Answers

Answer:

1) IRR = 13.61%

2) Since the NPV is positive ($8,464.72), the project should be accepted.

Explanation:

initial investment = -$140,000

NCF years 1 to 4 = ($500 x 4 x 12) - $8,000 = $16,000

NCF year 5 = $16,000 + $160,000 = $176,000

using a financial calculator, the IRR = 13.61%

if the discount rate is 12%, then the project's NPV is:

NPV = -$140,000 + $16,000/1.12 + $16,000/1.12² + $16,000/1.12³ + $16,000/1.12⁴ + $176,000/1.12⁵ = $8,464.72

4. Between January 2012 and January 2019, U.S. employment
increased by 17.3 million workers, but the number of
unemployed workers declined by only 6.3 million. How are
these numbers consistent with each other? Why might one
expect a reduction in the number of people counted as
unemployed to be smaller than the increase in the number of
people employed?

Answers

Answer:

The fact that employment increased by 12.1 million workers while unemployment declined by only 7.3 million is consistent with the growth of the labor force by 4.8 million.

Explanation:

The fact that employment increased by 12.1 million workers while unemployment declined by only 7.3 million is consistent with the growth of the labor force by 4.8 million. One might expect a reduction in the number of people counted as unemployed to be smaller than the increase in the number of people employed because the labor force constantly increases as the population grows, and as the labor-force participation rate increases, the increase in employed might exceed the reduction in the number of unemployed.

From 1948 to 2022, the employment rate in the United States was around 59.22 % on average, the topic is further explained below.

What is the high rate of employment in the United States?

From 1948 to 2022, the employment rate in the United States was around 59.22 % on average, with a high of 64.70 percent in April 2000 and a low of 51.30 percent in April 2020.

Employment increased by 12.1 million workers while unemployment decreased by only 7.3 million, corresponding to a 4.8 million increase in the labor force. One might expect a decrease in the number of unemployed people to be smaller than an increase in the number of employed people because the labor force is constantly increasing as the population grows.

And as the labor-force participation rate rises, the increase in employed people may outnumber the decrease in the number of unemployed people.

Therefore, the above statement explains employment in the United States.

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Clarence draws detailed plans for highways and bridges. His job is best described as one focused on . Denise assembles roofing materials on new buildings. Her job is best described as one focused on .

Answers

Answer:

Clarence: architecture

Denise: construction

Explanation:

just finished the question.

Answer:

Clarence wants to be an architect and Denise wants to be a construction worker.

Explanation:

Dale is a guitar teacher and Terrence is a tile layer. If Dale teaches Terrence's daughter to play the guitar in
exchange for Terrence tiling Dale's kitchen floor,
a. only Dale is made better off by trade.
O b. both Dale and Terrence are made better off by trade.
c. neither Dale nor Terrence are made better off by trade.
O d. only Terrence is made better off by trade.

Answers

If Dale teaches Terrence's daughter to play the guitar in exchange for Terrence tiling Dale's kitchen floor Option B.  both Dale and Terrence are made better off by trade.

In this scenario, Dale is a guitar teacher and Terrence is a tile layer. Dale teaches Terrence's daughter how to play the guitar in return for Terrence tiling Dale's kitchen floor. It is a classic example of trade and bartering. Dale, the guitar teacher, would have had to pay for tile installation if he hadn't bartered with Terrence, the tile layer. Terrence, on the other hand, would have had to pay for guitar lessons if he hadn't traded with Dale.

Both Dale and Terrence, therefore, benefit from the trade, and they are both better off as a result. Because Dale receives tile installation in exchange for teaching guitar lessons, and Terrence receives guitar lessons in exchange for tile installation, both benefit.

In conclusion, the answer is (b) both Dale and Terrence are made better off by trade. When both parties are better off after a trade, it is known as a mutually beneficial trade. Trade, in general, promotes mutual gains by allowing people to concentrate on what they do best and exchange their output with others for goods and services that they desire. Therefore, the correct option is B.

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You decide to attend college next fall. List 3 or more opportunity costs and 3 or more opportunity benefits of ading college next fall.​

Answers

Answer:

Explanation:

Opportunity Costs for going to college

1. Cost of college tuition

2. Loss of income for getting a job right away instead of going to college

3. Time spend at college could be used of something else such as a hobby

Benefits for going to College

1. Getting a job with a higher salary

2. More job opportunities being available (i.e. jobs that require you be attending college or already have college degree)

3. Life experience you may gain attending college (such as mentoring from professors, joining clubs, etc.)

During the final years of World War II in Europe, American and British bombing raids supported invasions of Italy. destroyed German factories and cities. were ineffective as German air power grew. lost few aviators to Axis fighters and anti-aircraft fire.

Answers

Answer:

destroyed German factories and cities. were ineffective as German air power grew. were mounted out of bases in the Soviet Union.

Explanation:

During the final years of World War II in Europe, American and British bombing  destroyed German factories and cities. Hence, option B is correct.

German armies had surged through western and southern Europe by 1941 and had also invaded the Soviet Union. They had also seized Poland. People in Europe struggled to adjust to life under German occupation and were forced to choose between active resistance, complicity, or acceptance.

On September 1, 1939, Germany invaded Poland, sparking the commencement of World War II. In the years that followed, Germany conquered 11 nations. Most Jews in Europe resided in nations that Nazi Germany would invade or have a significant influence over during World War II.

Thus, option B is correct.

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Income tax expense is determined by combining income taxes payable with any in deferred tax accounts. True or False?

Answers

The correct answer is Both the current and the deferred amounts of income tax cost are present. Current taxes due and changes in deferred taxes combine to form income tax expenditure.

GAAP income is used to determine income tax expense, which is a financial accounting record. The gap between the income tax cost recorded on the income statement and the income tax payable is a deferred income tax obligation. A deferred tax liability is described under IAS 12 as the amount of income tax due in respect of taxable transitory differences in future periods. Deferred tax is, then, just tax that must be paid later. Taxes that are due but won't be paid until a later time are recorded as a deferred tax obligation on a company's balance sheet.

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durham electric motors is considering replacing an existing piece of equipment that, if not replaced immediately, will require major repair and overhaul costing $57,000 in three years. the remaining life of the existing equipment is eight years and the new equipment will also have a useful life of eight years. if the existing equipment is not replaced immediately it will have an estimated salvage value of $7,500 at the end of its life. when analyzing cash flows associated with the new equipment purchase, durham should

Answers

Durham should include $7,500 as cash inflow in the eighth year.

What is cash inflow?

Money coming into a business is known as cash inflow, and it may come through sales, investments, or financing. The reverse of a cash outflow is a cash inflow, which is money entering a business. The capacity of a corporation to produce positive cash flows determines its potential to create value for shareholders. The phrase "cash flow" is typically used to represent payments that are anticipated to occur in the future, are thus unknown, and as a result need to be projected using cash flows; a cash flow in its restricted sense is a payment (in a currency), especially from one central bank account to another.

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Luca wants to identify and quantify the chemicals causing air pollution in a city, but he is using a manual air sampler to collect air samples.The density of gold is 19.3 g/cm3. What is the volume of a 13 g gold nugget? (Density: D = )

Answers

Answer:

0.674 cm3

Explanation:

volume= mass / density

N 1: BUSINESS SECTORS Complete the table by referring to the companies/ profession and classify each under the correct business sector. Khulamini farming, Makwakwa Attorneys. Cape Timber & Mo Shoprite, Anglo platinum, Eskom. Thanda Construction (Pty) L PRIMARY SECTOR SECONDARY SECTOR TERTIARY SEC Advise businesses on the purpose (importance) of the private sector ​

Answers

Makwakwa Attorneys SECONDARY

Cape Timber & Mo SECONDARY

Shoprite SECONDARY

Anglo platinum SECONDARY

Eskom SECONDARY

What is the purpose and importance of the private sector?

The private sector plays a crucial role in the economy by driving innovation, creating jobs and contributing to economic growth. It encompasses businesses and organizations that are privately owned and operated, rather than being under government control.

The private sector includes various industries such as agriculture, manufacturing, services, finance and more. Its purpose is to generate profit and provide goods and services to meet the demands of consumers. By operating independently, the private sector promotes competition, efficiency and entrepreneurship leading to economic development and increased prosperity.

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what are some common work activities performed by executive administrative assistants? Check all that apply

1. Performing administrative activities
2.Operating vehicles
3. Communicating with supervisors, peers, or subordinates
4. Interacting with computers
5. Repairing and maintaining electronic equipment
6. Drafting, laying out, and specifying technical devices, parts, and equipment ​

Answers

Answer:

A,C,D

Explanation:

Edge 2020

EXERCE1 Diffrentiate the legelities of private law and public law.​

Answers

The main difference between the two is that private law deals with the relationships between individuals, while public law deals with the relationship between individuals and the state.


Private law covers matters such as contracts, property rights, and torts. It provides a framework for individuals to conduct their personal and business affairs, ensuring that everyone is held accountable for their actions. Private law is enforced through the civil courts, where individuals can seek redress for any wrongs that have been committed against them.

Public law, on the other hand, deals with matters that affect society as a whole. It includes constitutional law, administrative law, and criminal law.

Public law sets out the rules and regulations that govern the relationship between individuals and the state, as well as the relationship between different branches of government. It is enforced through the criminal justice system, where individuals can be prosecuted for breaking the law.

In summary, the main difference between private law and public law is that private law governs the relationship between individuals, while public law governs the relationship between individuals and the state. Both are essential for maintaining order and ensuring that everyone is held accountable for their actions.

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c) “Shadow price is the increase in value created by having one additional unit of a limiting resource at original cost”. Provide a comprehensive real world example of where a shadow price can be calculated with multiple limiting factors and with more than one product. Your answer should be in a form of a short case study roughly 4 or 5 sentences. (5 marks)​

Answers

A real world example of shadow pricing would be in a case where a manufacturer produces two product A and B with 2 input such as raw materials and labor.

How is this so?

Two products (A & B) are produced through the use of two primary resources: labor & raw materials. To produce one unit of product A, we require roughly an hour's worth (60 minutes) of work time from our available pool.

Also, approximately two pounds worth of our current stockpile must be incorporated into each instance as well. Comparatively speaking, producing one unit from group B takes almost three times that much effort (3 hours' time), but only requires about half as much by weight (a single pound).

Our maximum allowance stands at exactly 60 work-hours across all levels plus another hundred pounds maximum in terms concerning these earthly elements - with that established pricing amounts to a flat rate where five dollars buys us one metric pound whereas ten dollars goes towards hourly wages; so what is their shadow price?

When dealing with limited input availability, the optimal allocation of resources and production process optimization can be achieved using shadow prices. In this regard, it has been determined that labor's shadow price stands at $10 per hour while the shadow price for raw materials is set at $5 per pound.

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Car = V-8 sedan Years driven = first through third Miles driven = 14,000 miles each year In dollars and cents, the total projected Federal and state taxes and fees using method 2 for three years would be $ Branding can be seen as a powerful means to secure a competitive advantage. How does the rebranding of its logo assist ABSA in securing a competitive advantage? Find the interval of convergence of the power settes the ratio test: (-1)" nx" QUESTION 5 When an instrument is sounded together with a turning fork of frequency 260Hz , 2 beats are heard. When the same instrument is sounded with a fork of frequency 256H2, , 6 beats are heard. Find the frequency of the instrument . From what nation did Texas gain its independence from? Rick was hospitalized after a concerned coworker went to his house to find out why he had unexpectedly failed to show up at work. When the coworker peered through a window, she saw Rick standing motionless in the middle of his living room, much like a statue. Rick appears to be experiencing the _____ type of schizophrenia. 4.56 10^3 into standard Form Find the measure. Assume that segments that appear to be tangent are tangent.m TS Perform the given operation :(1+5i) (5+3i) please help me with this math question thank you What happened the first time Lily tried to touch Our Lady of Chains?She fainted.BMay screamed.Lightning struck the house.DThe lights went out.secret life of bees ____________________________________ is the scanner method used to input a one word string. HELP ASAPIn the figure below AB is a diameter of circle P.What is the arc measure of minor arc AC in degrees? The general fund of Hatteras acquired a fire truck during the fiscal year ended June 30, 20X9. The purchase order for the fire truck was recorded on February 15, 20X9. Hatteras' acquisition of the fire truck required which of the following sequences of accounting activities?I. Appropriation.II. Encumbrance.III. Expenditure. What is the area of the shape below? 6 yd 5 yd 4 yd 9 yd V the federal government and some states automatically commit a criminal defendant to a mental health facility after an acquittal based on insanity. other states have a post verdict hearing to rule on commitment. The comparative accounts payable and long-term debt balances for a company follow.Current YearPrevious YearAccounts payable$33,616$38,200Long-term debt60,88449,100Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Enter all answers as positive numbers. If, after interviewing, you are sure a job is not for you, it is not necessary to send a thank-you note. Please select the best answer from the choices provided T F. In SI units, what is the magnitude the net force acting on a 1,152 kg car that accelerates uniformly along a straight line from a speed of 3 m/s to a speed of 17 m/s in 5s? How do u solve dis ladies and gentlemen?