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Category > Accounting Posted 01 May 2017 My Price 5.00

Mark Corporation produces two models of calculators.

Mark Corporation produces two models of calculators. The Business model sells for $40, and the Math model sells for $20. The variable expenses are given below:

 

  Business
Model		 Math
Model
Variable production costs per unit $16 $17
Variable selling and administrative expenses per unit $ 8 $ 5

 

The fixed expenses are $76,000 per month. The expected monthly sales of each model are: Business, 1,100 units; Math, 600 units.
 
The contribution margin ratio for the Business model is: (Do not round intermediate calculations.)
  56%
  20%
  44%
  40%

Answers

Alpha Geek
(8)
Status NEW Posted 01 May 2017 09:05 AM My Price 5.00

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Attachments

file 1493630762-455437_1_636291775441179947_455437.xlsx preview (92 words )
Ma-----------rk -----------Cor-----------por-----------ati-----------on -----------pro-----------duc-----------es -----------two----------- mo-----------del-----------s o-----------f c-----------alc-----------ula-----------tor-----------s. -----------The----------- Bu-----------sin-----------ess----------- mo-----------del----------- se-----------lls----------- fo-----------r $-----------40,----------- an-----------d t-----------he -----------Mat-----------h m-----------ode-----------l s-----------ell-----------s f-----------or -----------$20-----------. T-----------he -----------var-----------iab-----------le -----------exp-----------ens-----------es -----------are----------- gi-----------ven----------- be-----------low-----------:Bu-----------sin-----------ess-----------Mod-----------elM-----------ath-----------Var-----------iab-----------le -----------pro-----------duc-----------tio-----------n c-----------ost-----------s p-----------er -----------uni-----------tVa-----------ria-----------ble----------- se-----------lli-----------ng -----------and----------- ad-----------min-----------ist-----------rat-----------ive----------- ex-----------pen-----------ses----------- pe-----------r u-----------nit-----------The----------- fi-----------xed----------- ex-----------pen-----------ses----------- ar-----------e $-----------76,-----------000----------- pe-----------r m-----------ont-----------h. -----------The----------- ex-----------pec-----------ted----------- mo-----------nth-----------ly -----------sal-----------es -----------of -----------eac-----------h m-----------ode-----------l a-----------re:----------- Bu-----------sin-----------ess-----------, 1-----------,10-----------0 u-----------nit-----------s; -----------Mat-----------h, -----------600----------- un-----------its-----------.Th-----------e c-----------ont-----------rib-----------uti-----------on -----------mar-----------gin----------- ra-----------tio----------- fo-----------r t-----------he -----------Bus-----------ine-----------ss
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