A proposed project has estimated sales of 3,300 units per year, ± 4 percent; a sales price of $23 a unit, ± 1 percent; variable costs per unit of $12.60, ± 2 percent; annual fixed costs of $16,200; and annual depreciation of $3,100. What is the contribution margin under the expected scenario?
A) $5.49
B) $4.55
C) $18.09
D) $10.40
E) $9.46
D) $10.40
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Robert Johnson contributed equipment, inventory, and $42,000 cash to the partnership. The equipment had a book value of $25,000 and market value of $28,000. The inventory has a book value of $50,000, but only had a market value of $15,000. due to obsolescence. The partnership also assumed a $12,000 note payable owed by Robert that was originally used to purchase the equipment. What amount should
Robert's capital account be recorded? A) $85,000 B) $73,000 C) $117,000 D) $105,000
A nonpoint source is land use that causes pollution
a. True b. False Indicate whether the statement is true or false
A suitable cost driver for the amount of direct materials used is the number of direct labor hours worked.
Answer the following statement true (T) or false (F)
Krypton, a developing nation, has a reputation for being unsuitable for conducting business due to its poor communication and transportation systems. Its distribution networks are also underdeveloped. In this scenario, Krypton has a poor
A. demographic environment. B. advertising system. C. balance of payments. D. economic infrastructure. E. cultural system.