Sunshine Blender Company sold 3000 units in October at a sales price of $45 per unit. The variable cost is $25 per unit. Calculate the total contribution margin.
A) $135,000
B) $60,000
C) $75,000
D) $37,500
B) $60,000
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Scott Company sells merchandise with a one-year warranty. Sales consisted of 2,500 units in Year 1 and 2,000units in Year 2 . It is estimated that warranty repairs will average $10 per unit sold, and 30% of the repairs will bemade in Year 1 and 70% in Year 2 for the Year 1 sales. Similarly, 30% of repairs will be made in Year 2 and 70%in Year 3 for the Year 2 sales. In the Year 3 income
statement, how much of the warranty expense shown will bedue to Year 1 sales? a. $6,000. b. $14,000. c. $20,000. d. $0.
Patents and trademarks are considered as brand assets
Indicate whether the statement is true or false
The balance of trade plays a central role in determining the balance of payments.
Answer the following statement true (T) or false (F)
What concept states that there is no systematic difference between the forward rate and the expected future spot rate, and that the expected forward market return is zero?
A) unbiased predictor B) unbiasedness hypothesis C) uncovered interest rate parity D) unsystematic risk