Capity tea products has an exclusive contract with british distributors. calamine and capity are two brands of teas that are imported and sold to retail outlets. the following information is provided for the month of march:
actual budget
calamine capity calamine capity
sales in pounds 3800 lbs. 3980 lbs. 4,400 lbs. 3,300 lbs
price per pound $3.00 $2.90 $2.00 $3.00
variable cost per pound 1.00 2.20 1.00 1.50
contribution margin $2.00 $0.70 $1.00 $1.50
budgeted and actual fixed corporate-sustaining costs are $1,850 and $2,300, respectively.

what is the actual contribution margin for the month?
a. $12,236
b. $9770
c. $9900
d. $10,386

Option D 10,386

Explanation:

The contribution is the amount left from sales after paying the variable cost. In this case we are given with this value so we don't have to calcualte for it.

To get for the contribution margin we will consider the actual values over the budget.

3,800 Calmine pounds x 2 dollar of contribution per pound = 7,600

3,980 Capity pounds x 0.70 dollars per pound = 2,786

Total: 7,600 + 2,786 = 10,386

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

your welcome leave a rate and a < 3

answer: marginal utility of the fourth brownie is 0.

explanation: marginal utility is the addtional utility gained from the consumption of one more unit of a good. it is given by,

so, marginal utility at the 4th unit will be given by

since, the values are not given here, you can simply find marginal utility at fourth unit by subtracting total utility at 3rd unit from total utility at 4th unit.