Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Do Homework - Assignment #1 Chapter 12 - Google Chrome X mathxl.com/Student/PlayerHomework.aspx?homeworkld=615790402&questionld =1&flushed=false&cld=6790074¢erwin=yes ADMN 3107. Winter 2022 Khushi Virja 01/21/22 1:01 PM Homework: Assignment #1
Do Homework - Assignment #1 Chapter 12 - Google Chrome X mathxl.com/Student/PlayerHomework.aspx?homeworkld=615790402&questionld =1&flushed=false&cld=6790074¢erwin=yes ADMN 3107. Winter 2022 Khushi Virja 01/21/22 1:01 PM Homework: Assignment #1 Chapter 12 Question 2, Exercise 12-15 (similar to) HW Score: 5.88%, 1 of 17 points Part 1 of 10 O Points: 0 of 7 Save The new chief executive officer (CEO) of Ruiz Manufacturing has asked for a variety of information about the operations of the firm from last year. The CEO is given the following information, but with some data missing: Eff(Click the icon to view the variety of operations information.) Read the requirements. Requirement 1. Find (a) total sales revenue, (b) selling price, (c) rate of return on investment, and (d) markup percentage on full cost for this product. Begin by calculating the (a) total sales revenue. Rearrange the income statement formula to solve for the amount. Operating income 230000 Fixed costs 2850000 Contribution margin Variable costs 17500000 Sales revenue Help me solve this Etext pages Get more help - Clear all Final check O S W ENG 1:01 PM US 2022-01-21 22Do Homework - Assignment #1 Chapter 12 - Google Chrome X mathxl.com/Student/PlayerHomework.aspx?homeworkld=615790402&questionld =1&flushed=false&cld=6790074¢erwin=yes ADMN 3107. Winter 2022 Khushi Virja 01/21/22 1:01 PM Homework: Assignment #1 Chapter 12 Question 2, Exercise 12-15 (similar to) HW Score: 5.88%, 1 of 17 points Save Part 1 of 10 O Points: 0 of 7 The new chief executive officer (CEO) of Ruiz Manufacturing has asked for a variety of information about the operations of the firm from last year. The CEO is given the following information, but with some data missing: Eff(Click the icon to view the variety of operations information.) Read the requirements. X Data table Requirement 1. Find (a) total sales revenue, (b) selling price, (c) rate luct. Begin by calculating the (a) total sales revenue. Rearrange the incom Total sales revenues ? Operating income 230000 Number of units produced and sold 500,000 units Fixed costs 2850000 Selling price Contribution margin Operating income $ 230,000 $ 2,500,000 Variable costs 17500000 Total investment in assets Variable cost per unit 3.50 Sales revenue Fixed costs for the year S 2,850,000 Print Done Help me solve this Etext pages Get more he Clear all Final check O 9 GO S W ENG 1:01 PM US 2022-01-21 22
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