Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. ford motor company (ford) sales jumped 31.5 % duri

Ford Motor Company (FORD) sales jumped 31.5 % during June 2022 in the United States...

70.2K

Verified Solution

Question

Accounting

Ford Motor Company (FORD) sales jumped 31.5 % during June 2022 in the United States as compared to the prior month. Sales of Fords F-series trucks and the Explorer, Expedition, and Navigator SUV models drove the sales growth. According to a Bloomberg article (link) earlier this year, the F-150 Series product line is Fords most profitable product line. Ford has three categories of vehicles, Trucks, SUVs, and Cars. According to Fords 2021 Form 10-K, below are the combined US unit sales of its vehicles in 2021 (both retail and wholesale). In addition, hypothetical average sales prices and average variable cost per unit are given. Question According to the unit sales and hypothetical sales and cost data given in the article, what would Fords weighted-average contribution margin be?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Many loans to corporations are quoted today at small risk premiums and profit margins over the...

Finance
Q

Please Use your keyboard (Don't use handwriting) MGT 211 I need new and unique answers, please. (Use your...

Psychology
Q

The leads the executive branch of each state O president O vice president O governor...

Biology
Q

Cathie remembers feeling exceptionally exhausted and irritable every January. After years ofstruggling with this "winter...

Biology
Q

According to kinetic theory of gase molecules of a gas behave like inelastic spheres perfectly...

Physics
Q

If np 25 and nq 25 estimate P fewer than 6 with n 13 and...

Statistics
Q

There are eight swimmers in a competition where the top three swimmers advance. In how...

Algebra
Q

Entries for issuing bonds and amortizing premium by straight-line method Smiley Corporation wholesales...

Accounting
Q

Which of the following forms of business organizations protect the personal assets of the owners...

Accounting
Q

Segment information is reported based on the internal reporting system of the company rather than...

Accounting
Q

El balance de prueba no ajustado que prepar para PS Music al final del Captulo...

Accounting
Q

A corporation has the following account balances on September 30, 2015: Cash $1,500, Accounts Receivable...

Accounting