Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. urgent sam owns a small shop to make and sell cu

URGENT Sam owns a small shop to make and sell custom guitars. The...

80.2K

Verified Solution

Question

Accounting

URGENT

Sam owns a small shop to make and sell custom guitars. The guitars sell for $900, and associated variable costs are $315. The fixed monthly operating costs are $3,274. What is the contribution margin per guitar?

a. $900

b. $585

c. $315

d. $333

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Mechanical Engineering
1.2K views

Discuss: How discrete momentum coefficients need particular modeling for the turbulent flows The main reasons for limitations associated...

Geometry
1.2K views

1 What is AB 9 10 b 20 d 40 C 30 2 Find the...

Basic Math
1.2K views

Use the data 8 9 10 12 13 14 Without actually computing the standard deviation...

Basic Math
1.2K views

Given the equation y-The amplitude is:The period is:The horizontal shift is:The midline is: y =4...

Calculus
1.2K views

Let g(z)=5ze^3zDetermine the critical values of g. If multiple such values exist, enter the solutions...

Accounting
1.2K views

Requirements a. Compute Latesha's taxable income and federal tax liability for 2022 (round...

Accounting
1.2K views

Using the aging method of accounts receivable...

Accounting
1.2K views

Following are selected balance sheet accounts of Del Conte Corporation at December...

Accounting
1.2K views

the year ended December 31 . If there are no dividends, Include a line that...

Accounting
1.2K views

A key reason that there are various acceptable depreciation methods is A) different assets have...

Accounting
1.2K views

Financial Position Ratings The bank's primary capital ratio is 6.23 percent, which is .23 percentage...

Finance
1.2K views

Smith Company has the following information related to its inventory and sales volume for the...