Produces sports socks. the company has fixed expenses of $ 90 comma 000$90,000 and variable expenses of $ 0.90$0.90 per package. each package sells for $ 1.80$1.80. read the requirement 1. compute the contribution margin per package and the contribution margin ratio. begin by identifying the formula to compute the contribution margin per package. then compute the contribution margin per package. (enter the amount to the nearest cent.) fixed costs – operating income = contribution margin per unit

Jurvin enterprises is a manufacturing company that had no beginning inventories. a subset of the transactions that it recorded during a recent month is shown below. $76,700 in raw materials were purchased for cash. $71,400 in raw materials were used in production. of this amount, $66,300 was for direct materials and the remainder was for indirect materials. total labor wages of $151,700 were incurred and paid. of this amount, $134,300 was for direct labor and the remainder was for indirect labor. additional manufacturing overhead costs of $126,300 were incurred and paid. manufacturing overhead of $126,800 was applied to production using the company's predetermined overhead rate. all of the jobs in process at the end of the month were completed. all of the completed jobs were shipped to customers. any underapplied or overapplied overhead for the period was closed to cost of goods sold.required: 1. post the above transactions to t-accounts.2. determine the cost of goods sold for the period.

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What would happen to the equilibrium price and quantity of lattés if the cost to produce steamed milk