Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

as much as Vaughn Company's degree of operating leverage is 2.20. Ivanhoe Corporation's degree of operating leverage is 10.78. Ivanhoe's earnings would go up (or

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

as much as Vaughn Company's degree of operating leverage is 2.20. Ivanhoe Corporation's degree of operating leverage is 10.78. Ivanhoe's earnings would go up (or down) by Vaughn's with an equal increase (or decrease) in sales. 1/4.90 times 2.20 times 4.90 times 10.78 times Bramble Company has a contribution margin of $162000 and a contribution margin ratio of 30%. How much are total variable costs? $48600 $378000 $113400 $540000 Gift Gallery sold 2000 Zooglars during 2020. Information is provided concerning the Zooglar product: Sales $59600 Variable costs 24600 Fixed costs 10600 Net income $24400 If Gift Gallery sells 20 more units, by how much will its profit increase? $18 $350 $244 $ 596 Sunland Inc. sells two versions of its product, standard and deluxe. The standard model has a 15.5 percent profit margin and the deluxe model has a 17.6 percent profit margin. The standard model has a 29.5 percent contribution margin and the deluxe has a 22.5 percent contribution margin. If other factors are equal, which product should Sunland emphasize to its customers? The standard model. The deluxe model. Selling either results in the same additional income for the company. Not enough information is given

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

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

Get Started

Students also viewed these Accounting questions