Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 23, 2024

4 Dejounte Corp had a margin of safety of $136950 last month, with sales revenue of $801211 and fixed costs of $228644. What is the

4 Dejounte Corp had a margin of safety of $136950 last month, with sales revenue of $801211 and fixed costs of $228644. What is the contribution margin ratio? Percentage Round your answer 2 decimals. For example, if your answer is 1012, answer 10.12

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Basic Principles Of Accounting A Guide For Toatal Beginners

Authors: Simon Udeh Andrew

1st Edition

979-8861488440

More Books

Students explore these related Accounting questions

Question

Santana Rey, owner of Business Solutions, decides to diversify her business by also manufacturing computer workstation furniture. Required 1. Classify the following manufacturing costs of Business...

Answered: 3 weeks ago

Question

Preferred stock valuation Earley Corporation issued perpetual preferred stock with a 11% annual dividend. The stock currently yields 7%, and its par value s s100. What is the stock's value? suppose...

Answered: 3 weeks ago

Question

7. Imagine yourself in a future situation that you know you do not thrive in. Try to bring with you that feeling of satisfaction from task 6 in the future uncomfortable situation. a. Highlight three...

Answered: 3 weeks ago

Question

Harper Chicken Corporation processes and packages chicken for grocery stores. It purchases chickens from farmers and processes them into two different products: chicken drumsticks and chicken steak....

Answered: 3 weeks ago

Question

Answered: 3 weeks ago

Question

The function is given as: () = { + 3 , 2 2 + 1, > 2 Is f(x) continuous at x = 2

Answered: 3 weeks ago

Question

In which scenario is the salesperson primarily extrinsically motivated? The salesperson receives a large quarterly bonus and purchases a new car. The salesperson loves their job and likes spending...

Answered: 3 weeks ago

Question

A credit card expense was posted to auto expense on September 23, but the credit card account was not paid until October 4. When reviewing the Cash Basis Profit & Loss for the month of September, in...

Answered: 3 weeks ago

Question

1 of 5. You are a Senior Life Cycle Logistician helping to develop a CONOPS to address a new responsibility for a racecar. You are tasked with baselining the system for the new Product Support...

Answered: 3 weeks ago

Question

Taylor, a Scrum Master, was asked for their advice on how large a Scrum Team should be. Which of these responses is correct? Bookmark this question A) "The typical size of an effective Scrum Team is...

Answered: 3 weeks ago

Question

Ultimately, ________ gathers the facts you need to develop a supply strategy. Category Analysis Market Complexity Category Strategy The Supply Market

Answered: 3 weeks ago

Question

Discuss the key ambient conditions and their effects on customers.

Answered: 3 weeks ago

Question

Be familiar with the integrative servicescape model.

Answered: 3 weeks ago

Question

Understand the role of corporate design in communications.

Answered: 3 weeks ago

Previous Question Next Question