Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 05, 2024

MULTIPLE CHOICE: If a company had a contribution margin of $2100000 and a contribution margin ratio of 30%, total variable costs must have been -$630000.

MULTIPLE CHOICE: If a company had a contribution margin of $2100000 and a contribution margin ratio of 30%, total variable costs must have been

-$630000.

-$4900000.

-$7000000.

-$1470000.

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

Organizational Auditing And Assurance In The Digital Age

Authors: Rui Pedro Marques, Carlos Santos, Helena Inácio

1st Edition

1522573569, 978-1522573562

More Books

Students also viewed these Accounting questions

Question

★★★★★

Your store is interested in learning more about customers purchasing patterns and how they relate to the frequency of store visits. The probability that a customers visit will result in a purchase is...

Answered: 1 week ago

Question

★★★★★

4. Check with your schools clubs and organizations to learn about any products or services they are considering. For example, if one of the clubs or organizations is planning a dance or performance,...

Answered: 1 week ago

Question

★★★★★

Let {X(t), Answered: 1 week ago

Answered: 1 week ago

Question

★★★★★

In December 2016, the first five transactions of Atkins Lawn Care Company have been posted to the T-accounts. Prepare the journal entries that served as the sources for the five transactions. Include...

Answered: 1 week ago

Question

★★★★★

8. What is the standard deviation of returns for your portfolio (as a percentage to two decimal places - e.g. 10.03%) ? 9. What is the beta of your portfolio (expressed to two decimal places e.g....

Answered: 1 week ago

Question

★★★★★

30. Central Heating Co. uses a four-column bank reconciliation. The bank reconciliation for May shows $2,000 of deposits in transit. The bank statement for June reveals that the bank recorded...

Answered: 1 week ago

Question

★★★★★

1. According to Kant, what are the benefits to the individual in exercising their reason? What are the benefits to society? 2. How might this understanding of the "freedom of reason" have been seen...

Answered: 1 week ago

Question

★★★★★

create a practice research question for which the collection of observational data will be appropriate. What are three observations you might make when conducting this research? How will these...

Answered: 1 week ago

Question

★★★★★

A pressure-fed monopropellant thruster has a 2 m propellant tank. The propellant tank is pressurized to 12 MPa by helium, which enters through a regulator that keeps the pressure in the propellant...

Answered: 1 week ago

Question

★★★★★

You are trying to learn whether a training program leads to higher post training wage rates. You compare the average wage rates for workers who went to training to the average wage rates for workers...

Answered: 1 week ago

Question

★★★★★

Cynthia uses hours to determine her internet use. Over a 4 week period in September, she used her internet for a total of 7 7 6 hours, of which 2 2 3 hours were used for work purposes. Her internet...

Answered: 1 week ago

Question

★★★★★

A How are romantic texts, e-mails, and posts different from the celebrated love letters of the Victorian era? How are they the same? Do they shape romantic relationships in different ways?

Answered: 1 week ago

Question

★★★★★

B What are the risks and rewards of self-disclosing through mediated communication versus face to face? Do the risks and rewards change as the relationship develops?

Answered: 1 week ago

Question

★★★★★

Why We Form Relationships Managing Relationship Dynamics?

Answered: 1 week ago

Previous Question Next Question