Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 18, 2024

Marigold Manufacturing reported the following items for 2022: Income tax expense $41000 Contribution margin 124200 Controllable fixed costs 29200 Interest expense 10700 Total operating assets

Marigold Manufacturing reported the following items for 2022:

Income tax expense

$41000

Contribution margin

124200

Controllable fixed costs

29200

Interest expense

10700

Total operating assets

474100

How much is controllable margin?

$95000

$43300

$83200

$124200

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

Human Resource Management

Authors: Robert L. Mathis, John H. Jackson

13th Edition

053845315X, 978-0538453158

More Books

Students also viewed these Accounting questions

Question

★★★★★

a) Compare the technique Basic NAT (Network Address Translation) with NAPT (Network Address and Port Translation). what each of them means and in what situations could they be applied. b) NAT and...

Answered: 1 week ago

Question

★★★★★

?Suppose a bond with a 10% coupon rate and semiannual coupons,has a face value of $1,000, 20 years to maturity and is selling for$1,197.93.??Is the YTM more or less than 10%???What is the semi 2...

Answered: 1 week ago

Question

★★★★★

Case Study Information systems for a medical centre HealthCo Medical Services (HCMS) is an organisation that caters for a broad range of health care needs through its medical centres, located across...

Answered: 1 week ago

Question

★★★★★

Which of the following statements is true for real gases? Choose all that apply. 1. As attractive forces between molecules increase, deviations from ideal behavior become more apparent at relatively...

Answered: 1 week ago

Question

★★★★★

Titanic Corporation's net income for the year ended December 31, 2007, is $235,000. On June 30, 2007, a cash dividend was declared for all common stockholders in the amount of $0.50 per share. Common...

Answered: 1 week ago

Question

★★★★★

Which statement best refl ects the concept of accountability with regard to delegation of tasks? 1 Nursing state practice acts do not require nurses to be held accountable for their actions. 2...

Answered: 1 week ago

Question

★★★★★

=+30. Dirt bikes. Off-road motorcycles (often called dirt bikes) are a segment (about 18%) of the growing motorcycle market. Because dirt bikes offer great variation in features, they are a good...

Answered: 1 week ago

Question

★★★★★

The following amounts were obtained from Stanwick Companys accounting records. Required: Compute the missing amounts. 2016 2017 $381,220 Net sales Cost of goods sold: $423,150 $36,800 Beginning...

Answered: 1 week ago

Question

★★★★★

Los componentes de una organizacin exitosa son el aprendizaje organizacional, la mejora de los procesos de negocios,

Answered: 1 week ago

Question

★★★★★

Question 2 January February March Beginning inventory, raw material $ 0 $20,000 $10,000 Ending inventory, raw material 20,000 E 30,000 Purchases of raw material 90,000 85,000 Direct material Used in...

Answered: 1 week ago

Question

★★★★★

Hi-Tech Commerce Co. (HTC) sells and provides service of efficient end-to-end communications and IT systems and solutions. One of the company's key products and services includes Telecom and IT...

Answered: 1 week ago

Question

★★★★★

2) See each part for the question to answer. a) Paulette is looking to decide which of two online ad campaigns (lets call them A and B) would generate the highest purchase conversion. Describe how...

Answered: 1 week ago

Question

★★★★★

1. BaCo opens its business in 20X2 and purchases merchandise on account for $88,000. In 20X2, BaCo pays $67,000 cash on the $88,000 due, sales are $145,000, and ending inventory is $24,000. BaCo's...

Answered: 1 week ago

Question

★★★★★

Miller Company's contribution format income statement for the most recent month is shown below: Total Sales (25,800 units) Variable expenses $ 232,200 139,320 Contribution margin 92,880 Per Unit $...

Answered: 1 week ago

Question

★★★★★

Tired of her current home's high electric bills, Sandra decides that her next home will have oil heat, but she is concerned about the liability hazards this might involve. To avoid a major pollution...

Answered: 1 week ago

Question

★★★★★

Management of Mittel Rhein AG of Kln, Germany, would like to reduce the amount of time between when a customer places an order and when the order is shipped. For the first quarter of operations...

Answered: 1 week ago

Question

★★★★★

Assume Eq. 6-14 gives the drag force on a pilot plus ejection seat just after they are ejected from a plane traveling horizontally at 1300 km/h. Assume also that the mass of the seat is equal to the...

Answered: 1 week ago

Question

★★★★★

This is a small dierence, but it was statistically signicant. What does this mean exactly? Can you name other examples from psychology where results were weak but signicant? Refer back to Unit 1 on...

Answered: 1 week ago

Question

★★★★★

You are about to discover some things about how people make decisions. Before you read on, can you make some predictions on the basis of your common knowledge and interpersonal experience? Answer...

Answered: 1 week ago

Question

★★★★★

Evaluate the following aspects of the study. Internal validity: what are the potential confounding variables? How well were they controlled? External validity: are there any issues with...

Answered: 1 week ago

Previous Question Next Question