FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Kale Corporation has two divisions; Outdoor Plantsand Indoor Plants. The results of operations for the most recent quarter are: Outdoor Plants Indoor Plants Sales $400,000

image text in transcribed

Kale Corporation has two divisions; Outdoor Plantsand Indoor Plants. The results of operations for the most recent quarter are: Outdoor Plants Indoor Plants Sales $400,000 $600,000 Variable costs 200,000 340,000 Fixed costs Net income 40,000 160,000 220,000 40,000 Kale's weighted average contribution margin ratio is: 0 46.0% 0 50.0% 0 48.0% O 47.5%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

blur-text-image_2

Step: 3

blur-text-image_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

College Accounting A Practical Approach

College Accounting A Practical Approach

Authors: Jeffrey Slater

12th edition

978-0132772068, 133468100, 013277206X, 9780133468106, 978-0133133233

More Books

Students also viewed these Accounting questions

Question

★★★★★
You have just gathered the following performance data for three different money managers, based on a regression of their excess returns relative to those for the S&P 500 Index. Each manager's...

Answered: 1 week ago

Question

★★★★★
I am using processing for my engine. Download the file asteriodsGame.zip in Blackboard -> CourseContent -> Example Programs. Unzip it and try out the skeletal game. There is some basic activities,...

Answered: 1 week ago

Question

★★★★★
In general, lesbians have higher self-esteem if they have accepted their identity. True or False

Answered: 1 week ago

Question

★★★★★
What should Willie do? It was late October of 2009, and Willis Willie Stahe was running late. As president of Midwest Universitys Computing and Information Systems student club, he had helped...

Answered: 1 week ago

Question

★★★★★
Consider the following information: Rate of Return If State Occurs State of Probability of Economy State of Economy Stock A Stock B Recession .16 .07 .11 Normal .57 .10 .18 Boom .27 .15 .35 Calculate...

Answered: 1 week ago

Question

★★★★★
1. [2 points] Suppose that 7 years ago you bought a home for $350,000, paying 20% as a down payment, and financing the rest at 4.2% interest for 30 years. How much money did you pay as your down...

Answered: 1 week ago

Question

★★★★★
an 1800 kg vehicle travelling at 60.0km/h smashes into a concrete barrier and stops in 0.420s what is the magnitude of the collision force on the vehicle

Answered: 1 week ago

Question

★★★★★
Flo's Deli is determining how to ensure that their current process of serving customers during lunch rush is adequate. Which of the following is an example of how the restaurant can monitor its...

Answered: 1 week ago

Question

★★★★★
In an agile lifecycle, who should be involved in all overlapping sprints or releases? Select an answer: everyone on the product team the product manager only You should not overlap sprints or...

Answered: 1 week ago

Question

★★★★★
According to the concept of "position/legitimate power," the CEO has the ultimate responsibility for leading the tasks of forming, implementing, and executing a strategic plan for the whole...

Answered: 1 week ago

Question

★★★★★
Which of the following considerations is legally in sufficient? Tony bought a book for $100. Ruby offers to buy it for $10. Tony bought a text book for $100. He offers to give it to Ruby if Ruby...

Answered: 1 week ago

Question

★★★★★
6. Describe how communication can reinforce cultural beliefs and behavior.

Answered: 1 week ago

Question

★★★★★
7. The celebration of Buddhas birthday is not held on Christmas, but instead on: a. Fourth of July b. July 14 c. Asian Lunar New Years Day d. Hanamatsuri

Answered: 1 week ago

Question

★★★★★
10. Describe the relationship between communication and power.

Answered: 1 week ago

Previous Question Next Question