Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 15, 2024

i need help please 39 A company reports these data: Price per unit = $10 Variable cost per unit = $7 Fixed cost = $1,500

i need help please

39 A company reports these data: Price per unit = $10 Variable cost per unit = $7 Fixed cost = $1,500 Number of units sold = 900 units Given these data, what is the contribution margin ratio? O 30% 70% O 40% O 50%

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

Managerial Accounting for Managers

Authors: Eric Noreen, Peter Brewer, Ray Garrison

3rd edition

78025427, 978-0077736460, 007773646X, 978-0078025426

More Books

Students also viewed these Accounting questions

Question

★★★★★

Suppose that you are working with Rick and Carla when a new systems request comes in. SWLs vice president of marketing, Amy Neal, wants to change the catalog mailing program and provide a reward for...

Answered: 1 week ago

Question

★★★★★

You estimate empirically the ERC of firm J as 0.38. Firm K is identical to firm J in terms of size, earning power, persistence of earnings, and risk. Unlike firm J, however, firm K includes a high-...

Answered: 1 week ago

Question

★★★★★

How would you help your students evaluate the information they are finding on the Web?

Answered: 1 week ago

Question

★★★★★

Shoyo Corporation, in preparation of its December 31, 2008, financial statements, is attempting to determine the proper accounting treatment for each of the following situations. 1. As a result of...

Answered: 1 week ago

Question

★★★★★

Under ASPE, the classification of tax assets and liabilities into current and non-current generally depends on the classification of the underlying assets or liabilities. In situations where...

Answered: 1 week ago

Question

★★★★★

* Please Note that 2,700,000 isn't the right answer During the current year, Star County levied $3,000,000 in property taxes, 1.5% of which is expected to be uncollectible. During the year, the...

Answered: 1 week ago

Question

★★★★★

Michelle Walker is the sole owner of Sandhill Vista Park, a public camping ground near the Crater Lake National Recreation Area. Michelle has compiled the following financial information as of...

Answered: 1 week ago

Question

★★★★★

The chart of accounts used by Notwist Copy Company is listed below. You are to indicate the proper accounts to be debited and credited for the following transactions. CHART OF ACCOUNTS Cash Accounts...

Answered: 1 week ago

Question

★★★★★

To influence the way in which managers make decisions within organisations, which of the following approaches should be adopted?" Performance measurement system. Reward structure. Performance...

Answered: 1 week ago

Question

★★★★★

Tutorial 10: Real Trigonometric Integrals Using a suitable contour integral, evaluate the following trigonometric integrals. 2T 2T 1. S cos 30 de 2. 5 - 4 cos 0 So 4 de 5+4 sin 0 2T 2T de de 4. 3. 2...

Answered: 1 week ago

Question

★★★★★

Personal Relationship O Criminal Intent Q.13. What type of Workplace Violence does this scenario match? Scenario: An Emergency Department patient kicks the attending doctor in the chest...

Answered: 1 week ago

Question

★★★★★

Suppose in the above problem that we were also given the number of class periods missed by the 12 students taking the Mathematics course. The complete data are shown. Test Classes Student Grade, 9...

Answered: 1 week ago

Question

★★★★★

3. In what way can preconceptions affect what we perceive in new situations?

Answered: 1 week ago

Question

★★★★★

7. List examples from your everyday situation where using the CI strategy could have provided a better solution in a communication situation than the solutions you chose.

Answered: 1 week ago

Question

★★★★★

6. What is meant by: accessibility carries greater weight than relevance?

Answered: 1 week ago

Previous Question Next Question