Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 19, 2024

A company with monthly revenue of $156,000, variable costs of $59,000, and fixed costs of $43,600 has a contribution margin of: Multiple Choice $112,400. $97,000.

A company with monthly revenue of $156,000, variable costs of $59,000, and fixed costs of $43,600 has a contribution margin of:

Multiple Choice

$112,400.
$97,000.
$48,500.
$156,000.

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

Financial Investigation And Forensic Accounting

Authors: George A Manning

3rd Edition

0367864347, 9780367864347

More Books

Students also viewed these Accounting questions

Question

★★★★★

Chaffee Company is considering an investment that will return a lump sum of $750,000 six years from now. What amount should Chaffee Company pay for this investment to earn an 8% return?

Answered: 1 week ago

Question

★★★★★

FORUM DESCRIPTION After reading this week's Introduction, lecture, and assigned readings, and watching any assigned videos, find a minimum of one article about how laws affect financial management...

Answered: 1 week ago

Question

★★★★★

What do I enjoy doing? What kinds of skills does this require?

Answered: 1 week ago

Question

★★★★★

Discuss the role of technology both in the nature of the service that Netflix provides and in the environment in which it competes. Feel free to expand by drawing on any personal knowledge you may...

Answered: 1 week ago

Question

★★★★★

11- Intellectual property concerns are highest in the context of using an Original Design Manufacturer. True False 12- If VRIO is an internal perspective of the company, then Imitability (I) and...

Answered: 1 week ago

Question

★★★★★

of 5 View Policies -/5 = Current Attempt in Progress Bramble Hardware has four employees who are paid on an hourly basis plus time-and-a-half for all hours worked in excess of 40 a week. Payroll data...

Answered: 1 week ago

Question

★★★★★

1. Assume the demand function for good Y is as follows: D = 850 + 21+ 15Px 1315 where QD 2 Quantity demanded of good Y, I = Average income, PK 2 Price of good X and PY 2 Price of good Y. (a)...

Answered: 1 week ago

Question

★★★★★

During the 2023 income year, Nilpa (a resident taxpayer) received the following: Net salary from employer (PAYG of $30,000 was withheld) $90,000 Allowance from employer $10,000 Cash prize from...

Answered: 1 week ago

Question

★★★★★

510. Definitions for a multicomponent flash are as follows: x, yi liquid and vapor mole fractions, respectively = feed mole fraction Zj K =y/x-equilibrium constant L,V, F liquid, vapor, and feed...

Answered: 1 week ago

Question

★★★★★

Suppose the Ashland Shakespeare Festival is hiring a new music director. The group gives all applicants for the position three tests: (1) a work-sample test, in which each applicant is asked to score...

Answered: 1 week ago

Question

★★★★★

student question Everyone knows how high the cost of prescription medicines is these days, and many Americans dislike having to pay significantly more than Canadians or Europeans do for the very same...

Answered: 1 week ago

Question

★★★★★

=+c. Savings as the Star focus on price.

Answered: 1 week ago

Question

★★★★★

=+9. Drive home the message. Make sure it's relevant to your audience. Keep it clear, simple, and instantly digestible. If anyone can't read it and get it, change it.

Answered: 1 week ago

Question

★★★★★

=+b. Product-Focused emphasize product features.

Answered: 1 week ago

Previous Question Next Question