The formula used to calculate a contribution margin is a. Selling price - Product cost b. Selling
Question:
The formula used to calculate a contribution margin is
a. Selling price - Product cost
b. Selling price x Product Cost
c. Rooms revenue / Rooms available to sell
d. Rooms available to sell / Rooms revenue
Contribution MarginContribution margin is an important element of cost volume profit analysis that managers carry out to assess the maximum number of units that are required to be at the breakeven point. Contribution margin is the profit before fixed cost and taxes...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 85% (14 reviews)
a Sel...View the full answer
Answered By
Aysha Ali
my name is ayesha ali. i have done my matriculation in science topics with a+ . then i got admission in the field of computer science and technology in punjab college, lahore. i have passed my final examination of college with a+ also. after that, i got admission in the biggest university of pakistan which is university of the punjab. i am studying business and information technology in my university. i always stand first in my class. i am very brilliant client. my experts always appreciate my work. my projects are very popular in my university because i always complete my work with extreme devotion. i have a great knowledge about all major science topics. science topics always remain my favorite topics. i am also a home expert. i teach many clients at my home ranging from pre-school level to university level. my clients always show excellent result. i am expert in writing essays, reports, speeches, researches and all type of projects. i also have a vast knowledge about business, marketing, cost accounting and finance. i am also expert in making presentations on powerpoint and microsoft word. if you need any sort of help in any topic, please dont hesitate to consult with me. i will provide you the best work at a very reasonable price. i am quality oriented and i have 5 year experience in the following field.
matriculation in science topics; inter in computer science; bachelors in business and information technology
_embed src=http://www.clocklink.com/clocks/0018-orange.swf?timezone=usa_albany& width=200 height=200 wmode=transparent type=application/x-shockwave-flash_
4.40+
11+ Reviews
14+ Question Solved
Related Book For
Managerial Accounting for the Hospitality Industry
ISBN: 978-1119386223
2nd edition
Authors: Lea R. Dopson, David K. Hayes
Question Posted:
Students also viewed these Business questions
-
Which is the formula used to calculate a ratio? a. Part / Whole= Ratio b. Whole / Part =Ratio c. Part x Whole =Ratio d. Whole x Part =Ratio
-
As money evolved, so did banking. 1. Explain how fractional reserve banking came to exist. 2. Write the formula used to calculate required reserves.
-
Which is the formula used to calculate flow-through? a. (GOP This period GOP Last period) / (Total Revenue This Period Total Revenue Last Period) b. (GOP This period + GOP Last period) / (Total...
-
Find the incarization of the function x) - Vx+ 4 at a-5 and use it to approximate the numbers 8.97 and y9.05. Are these approximations overestimates or underestimates? SOLUTION The derivative of fx)...
-
On November 1, 2014, Columbo Company adopted a stock-option plan that granted options to key executives to purchase 30,000 shares of the company's $10 par value common stock. The options were granted...
-
Discuss the challenges and best practices for implementing secure communication protocols in a distributed system, addressing issues such as authentication, encryption, and protection against replay...
-
8. Use the following inputs to compute the price of a European call option: S = $50, K = $100, r = 0.06, = 0.30, T = 0.01, = 0. a. Verify that the Black-Scholes price is zero. b. Verify that the...
-
Loretta Smith, president and owner of Custom Enterprises, applied for a $250,000 loan from City National Bank. The bank requested financial statements from Custom Enterprises as a basis for granting...
-
155 Module 9 Homework Problem 9.1 Charleigh Co. purveyor of fine, fine things, had the following balances at December 31, 2020: Cash 44,000 Accounts Receivable 60,000 Allowance for doubtful nects...
-
Jenny Cochran, a graduate of the University of Tennessee with 4 years of experience as an equities analyst, was recently brought in as assistant to the chairman of the board of Computron Industries,...
-
Which would be the greatest industry-related challenge to managers who do NOT have an understanding of hospitality accounting? a. They lack specialized knowledge b. They cannot learn the industry c....
-
ADR is a financial term used by hospitality professionals working in a. Hotels. b. Clubs. c. Restaurants. d. Bars.
-
Davis Corporation has developed the following flexible budget formula for monthly overhead: For output of less than 200,000 units: S36,600 4. $.80(units) For output of 200,000 units or more: $43,000...
-
C 2 H 6 O 2 + NaOH + 6 H 2 O C 2 H 3 NaO 3 + O 2 + 3 H 2Hydrogen is produced at the cathode, oxYGEN AT THE ANODE .Mass balance to produce 5000 tonnes a year of glycolic acid, formic acid and oxalic...
-
Please answer: a discussion of the ethical issues involved. The court might not itself consider the ethics of the actions of the parties. However, I ask that you consider the ethics of the following:...
-
In Exercises 21-24, use these results from the "1-Panel-THC" test for marijuana use, which is provided by the company Drug Test Success: Among 143 subjects with positive test results, there are 24...
-
I need help for an assignment of a review on research on Virtual Education on study motivation and academic performance in university students. I am attaching a research article from a magazine to...
-
Shouldice Hospital in Canada is widely known for one thing-hernia repair! In fact, that is the only operation it performs, and it performs a great many of them. Over the past two decades this small...
-
The table shows the labor force and the unemployment rate for three counties in northwest Pennsylvania for 2010 and 2019. a. In 2010, the national unemployment rate was 9.3%. For 2010, compute a...
-
From a medical tourist perspective, compare Shouldice with the traditional hospital in terms of the key factors of competition. Using Table 15-3, why would Shouldice attract patients from outside the...
-
D'Lite Dry Cleaners is owned and operated by Joel Palk. A building and equipment are currently being rented, pending expansion to new facilities. The actual work of dry cleaning is done by another...
-
Four different corporations, Amber, Blue, Coral, and Daffodil, show the same balance sheet data at at the beginning and end of a year. These data, exclusive of the amount of stockholders' equity,...
-
On April 1, 2018, Maria Adams established Custom Realty. Maria completed the following transactions during the month of April: A. Opened a business bank account with a deposit of $24,000 in exchange...
-
you are analyzing the cost of debt for a firm. Do you know that the firms 14 year maturity, 7.8 Percent coupon bonds are selling at a price of $834. The Barnes pay interest semi annually. If these...
-
***Please answer the following using excel and showcasing the formulas/calculations used*** thank you so much Financial information on AAA Ltd. is shown below. AAA Ltd. Income Statement For the Year...
-
2. In an account Anh Paglinawan currently has $216,670.00. At a rate of 8.00% how long will it take for them to have $298,390.00 assuming semi-annually compounding? (Hint: compute the exact years, do...
Study smarter with the SolutionInn App