Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 03, 2024

If total sales = $155,000 total variable costs = $100,000 total operating income = $30,000 Then, contribution margin =

If total sales = $155,000

total variable costs = $100,000

total operating income = $30,000

Then, contribution margin =

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

Implementing Database Security And Auditing

Authors: Ron Ben Natan

1st Edition

1555583342, 9781555583347

More Books

Students also viewed these Accounting questions

Question

★★★★★

Choose an activity or behavior that is not currently considered deviant in the United States and develop a proposal to seek legal change. The proposal should include a logical set of justifications...

Answered: 1 week ago

Question

★★★★★

List four different types of current asset.

Answered: 1 week ago

Question

★★★★★

5. What is the ironic effect in sport? Give some examples of the effect. Explain, in your own words, what causes the ironic effect. Are all unwanted actions ironic effects? Explain.

Answered: 1 week ago

Question

★★★★★

On July 1, Year 1, Danzer Industries Inc. issued $40,000,000 of 10-year, 7% bonds at a market (effective) interest rate of 8%, receiving cash of $37,282,062. Interest on the bonds is payable...

Answered: 1 week ago

Question

★★★★★

Games Inc. is considering developing and marketing a new electronic game and has compiled the following product information. Promotion Cost Sales Revenue Year Year 1 Year 2 Yeer 3 Year 4 Year 5...

Answered: 1 week ago

Question

★★★★★

6. "The primary means of sustaining a competitive advantage is to adjust to the environment faster than your competitors do." Do you agree or disagree with the statement? Explain your position

Answered: 1 week ago

Question

★★★★★

Imagine that you are an innovation consultant. You are facing the task of helping enhance the STARBUCK Coffe Company innovation activities through open and collaborative innovation.b.Suggest some...

Answered: 1 week ago

Question

★★★★★

Case- Code Red- Healthcare.gov SETTING THE STAGE .... What is healthcare.gov and what was the issue? THE DASHBOARD .... What did it look like? Why is it important? How healthy was it? The ROLLOUT...

Answered: 1 week ago

Question

★★★★★

You are the manager of a busy insurance office. Last year's abnormal winter gales led to an exceptionally high level of insurance claims for house damage caused by strong winds, and you had...

Answered: 1 week ago

Question

★★★★★

Source - https://timesofindia.indiatimes.com/nri/us-canada-news/top-south-african-indian-origin-businessmanarrested-for-gupta-linked-fraud-and-corruption/articleshow/83217574.cms) Question 3 (25...

Answered: 1 week ago

Question

★★★★★

- Explain customer service (key term of customer service) at a Five-Star Hotel in general. - The situation's current link (why) and Find the problems (how the five-star react in detail and what is...

Answered: 1 week ago

Question

★★★★★

Technology. Access a videotape or webcast of a recently delivered speech on a business-related subject that is of interest to you. The library at your school is a good resource for videotaped...

Answered: 1 week ago

Question

★★★★★

Read the paragraph in Exercise 4 three times. Each time, vary your posture so you are (a) standing, head low, shoulders curved forward; (b) seated, almost reclining, with legs extended and crossed at...

Answered: 1 week ago

Question

★★★★★

Discuss the role an emcee plays in the success of an event. (Objective 7)

Answered: 1 week ago

Previous Question Next Question