Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Apr 08, 2022

Frontier Corp. has a contribution margin of $1,682,000 and profit of $336,400. What is its degree of operating leverage?r Multiple Choicer 0.20r 5.80r 14.50r 5.00r

Frontier Corp. has a contribution margin of $1,682,000 and profit of $336,400. What is its degree of operating leverage?r
Multiple Choicer
0.20r
5.80r
14.50r
5.00r

Step by Step Solution

★★★★★

3.52 Rating (159 Votes )

There are 3 Steps involved in it

Step: 1

Option D is correct 50... 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

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

Managerial Accounting

Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer

13th Edition

978-0073379616, 73379611, 978-0697789938

More Books

Students also viewed these Accounting questions

Question

★★★★★

A product has a contribution margin of $2.50 per unit and a selling price of $25 per unit. Fixed costs are $20,000. Assuming new technology increases the unit contribution margin by 50 percent but...

Answered: 1 week ago

Question

★★★★★

A firm has determined that its degree of operating leverage (DOL) is 5 and that its degree of financial leverage (DFL) is 2. As a result, what will be the change in its expected EPS if sales are 7...

Answered: 1 week ago

Question

★★★★★

BR Company has a contribution margin of 18%. Sales are $447,000, net operating income is $80,460, and average operating assets are $133,000. What is the company's return on investment (ROI)?

Answered: 1 week ago

Question

★★★★★

1. 3 2. MONEYBALL MOVIE WORKSHEET 1 1 1 11 6 7 1. Discuss the Oakland Athletics and what is going on with them? How are they look to change? What marketing techniques are being used to better the...

Answered: 1 week ago

Question

★★★★★

a. What is the basic purpose of each business process discussed in this chapter (conversion, financing, human resources)? b. What are the similarities and differences between job costing and process...

Answered: 1 week ago

Question

★★★★★

Customer focus: understanding customer needs, striving to exceed customer expectations? LO.1

Answered: 1 week ago

Question

★★★★★

During the last 10 years, 18 fatal accidents have been recorded on a certain motorway. The distribution of the number of accidents in this motorway per year can be reasonably assumed to be (a)...

Answered: 1 week ago

Question

★★★★★

Globals special order also requires 1,000 kilograms of genatope, a solid chemical regularly used in the companys products. The current stock of genatope is 8,000 kilograms at a book value of 12.15 p...

Answered: 1 week ago

Question

★★★★★

Your youngest daughter will be starting college in 1 4 years. Currently the cost for college is $ 2 5 , 0 0 0 per year and cost is expected to increase at g = 6 % per year. You would like to fully...

Answered: 1 week ago

Question

★★★★★

An avionics system 'A' is implemented "triple-redundant." Another avionics system 'B' that is dependent on the output of system 'A' uses a method called "mid-value select" to determine which value of...

Answered: 1 week ago

Question

★★★★★

27. LO.2 Jackson, a self-employed taxpayer, uses his automobile 90% for business and during 2021 drove a total of 14,000 business miles. Information regarding his car expenses is listed below. $ 140...

Answered: 1 week ago

Question

★★★★★

A bag contains 4 red balls, 3 blue balls, and 5 green balls. If a ball is randomly selected from the bag, what is the probability that it is either red or green?

Answered: 1 week ago

Question

★★★★★

Compute the derivative of f(x)cos(-4/5x)

Answered: 1 week ago

Question

★★★★★

Discuss the process involved in selection.

Answered: 1 week ago

Question

★★★★★

Differentiate tan(7x+9x-2.5)

Answered: 1 week ago

Question

★★★★★

Explain the sources of recruitment.

Answered: 1 week ago

Question

★★★★★

Project L requires an initial outlay at t = 0 of $55,000, its expected cash inflows are $15,000 per year for 10 years, and its WACC is 11%. What is the project's payback? Round your answer to two...

Answered: 1 week ago

Question

★★★★★

Why is it important to understand the macro-environment when making decisions about an international retail venture?

Answered: 1 week ago

Question

★★★★★

If the units produced and unit sales are equal, which method would you expect to show the higher net operating income, variable costing or absorption costing? Why?

Answered: 1 week ago

Question

★★★★★

Sharp Company manufactures a product for which the following standards have been set: During March, the company purchased direct materials at a cost of $55,650, all of which were used in the...

Answered: 1 week ago

Question

★★★★★

Selected T-accounts of Moore Company are given below for the just completed year: Required: 1. What was the cost of raw materials put into production during the year? 2. How much of the materials in...

Answered: 1 week ago

Question

★★★★★

Promotional Novelties manufactures a wide range of novelty items for its corporate customers, It has just received an order for 20,000 toy tractor-trailers that will be sold by a gas station chain as...

Answered: 1 week ago

Question

★★★★★

A small furniture maker has just received an order to deliver 250 chairs at the beginning of week 6. The production/purchase planner needs to arrange for the assembly of subassemblies and purchase of...

Answered: 1 week ago

Question

★★★★★

Using the drawing of a pair of scissors below, do the following: a. Draw the product structure tree for the scissors. b. Perform MRP for the scissors and all its components except the screw. Lead...

Answered: 1 week ago

Previous Question Next Question