Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 14, 2024

Contribution margin is equal to___________. A. fixed cost - loss . B. profit + variable cost. C. sales - fixed cost- profit . D. sales

Contribution margin is equal to___________.

A. fixed cost - loss .

B. profit + variable cost.

C. sales - fixed cost- profit .

D. sales - profit.

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 Accounting

Authors: Robert Kemp, Jeffrey Waybright

4th edition

978-0134125053, 9780134114781, 134125053, 134114787, 978-0134436111

More Books

Students also viewed these Accounting questions

Question

★★★★★

Gammaro Company uses standard costing. Tim Sweeney, the new president of Gammaro Company, is presented with the following data for 2014: 1. At what percentage of denominator level was the plant...

Answered: 1 week ago

Question

★★★★★

Service department charges and activity bases OBJ. 3 Middler Corporation, a manufacturer of electronics and communications systems, uses a service department charge system to charge profit centers...

Answered: 1 week ago

Question

★★★★★

1. Compare actuarial and clinical risk assessment methods. What are the limitations of these methods when they are used to assess the likelihood of an individual reoffending in the future?

Answered: 1 week ago

Question

★★★★★

Rizio Co. purchases a machine for $12,500, terms 2/10, n/60, FOB shipping point. The seller prepaid the $360 freight charges, adding the amount to the invoice and bringing its total to $12,860. The...

Answered: 1 week ago

Question

★★★★★

What effect does Stock Price have on call option price? What effect does Time expiration have on call option price? What effect does Risk-free rate have on call option price? What effect does...

Answered: 1 week ago

Question

★★★★★

Tracing Data Analytics Red Flags Back to Source Documents Using Subpoenas 5-1 ANDERSON INTERNAL MEDICINE AND LARSEN CONVENIENCE STORE (CONSPIRACY AND LOAN FRAUD): TRACE TRANSACTIONS DISCOVERED DURING...

Answered: 1 week ago

Question

★★★★★

Seller warrants that the services for XX months after final acceptance and shall be delivered free of the rightful claim of any third person by way of ineffective operation or start-up, and if buyer...

Answered: 1 week ago

Question

★★★★★

Required information Exercise 2-23 (Algo) Analyzing a trial balance error LO P1 [The following information applies to the questions displayed below.] You are told the column totals in a trial balance...

Answered: 1 week ago

Question

★★★★★

Irvin Dempski owns and operates Adventure Travel Agency. The assets and liabilities of Adventure Travel Agency on December 31, 20Y5, and its revenue and expenses for the year are as follows: Accounts...

Answered: 1 week ago

Question

★★★★★

Pants (per day) 4 W Miyah's PPF N 1 Derek's PPF 2 3 4 5 6 Shirts (per day) The graph shows Miyah and Derek's Production Possibilities Curve. (a) What is Miyah's opportunity cost of producing a shirt?...

Answered: 1 week ago

Question

★★★★★

The parking brake fails on a 1800kg truck, causing it to roll downhill. At the bottom of the hill, it crashes into a parked car at 3 m/s. The truck comes to a stop in just 0.2 s. What force did the...

Answered: 1 week ago

Question

★★★★★

Henry, a resident of Nevada, sued Adam, a resident of Utah in the Federal Court in California. He sought $60,000 damages for personal injuries arising from an automobile accident that occurred in Los...

Answered: 1 week ago

Question

★★★★★

In the middle of the night, Lori is crossing a parking lot at a mall when Brian darts in front of her, brandishing a knife in her face. Brian hits Lori. Luckily, Lori attended a self-defense class....

Answered: 1 week ago

Question

★★★★★

1. What does this mean for me?

Answered: 1 week ago

Question

★★★★★

2. Think of a person you really appreciate and who is a role model for you, such as something you admire for what the person does or has done (historical people, friends, family, from fairy tales,...

Answered: 1 week ago

Question

★★★★★

5. List at least three personal roles that you want to perform better. What can you imagine doing to perform better in these three personal roles. Use tomorrow to improve what you think can be...

Answered: 1 week ago

Previous Question Next Question