Question 1
Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. The total of its variable cost is $150 000. Fixed costs were $180 000. What is Terrific's contribution rate?
◦ 60%
◦ 20%
◦ 16.7%
◦ 68.4%
◦ 62.1%
Question 2
Sala pipe fittings produce pipe elbows and reducers from stainless steel. The company can process up to 20 000 tonnes of stainless steel sheets in a year. The company pays the steel company $800 per tonne of stainless steel sheets and each tonne is used to manufacture $2000 worth of elbows and reducers. Variable processing costs are $470 per tonne and fixed processing costs $3.4 million per year at all production levels. Administrative overhead is $3 million per year regardless of the volume of the production. Marketing and transportation costs work out to be $230 per tonne. In order to attain a net income of $2.4 million how many tonnes of steel must be processed this year?
Firms Incorporated into U.S. Steel
Color mixtures of refracted light—additive process.
Stages of the Infection Process
Hormones in the Digestive Process
Upstream Process - Inoculum Preparation & Expansion
U-Pipe