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

Question

1 Approved Answer

Multiple Choice Question 86 Marigold Corp. produces flash drives for computers, which it sells for $20 each. Each flash drive costs $12 of variable costs

image text in transcribed
Multiple Choice Question 86 Marigold Corp. produces flash drives for computers, which it sells for $20 each. Each flash drive costs $12 of variable costs to make. During April, 1000 drives were sold. Fixed costs for April were $1000, How much is the contribution margin ratio? O 60% O 40% 0304 70

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

Step: 3

blur-text-image

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

Cornerstones of Financial and Managerial Accounting

Cornerstones of Financial and Managerial Accounting

Authors: Rich Jones, Mowen, Hansen, Heitger

1st Edition

9780538751292, 324787359, 538751290, 978-0324787351

More Books

Students also viewed these Accounting questions

Question

★★★★★
The military regime of the country of Myanmar (previously called Burma) has been accused of major civil rights violations, including using forced and child labor, imprisoning and torturing political...

Answered: 1 week ago

Question

★★★★★
A United States company expects to have to pay 1 million Canadian dollars in six months. Explain how the exchange rate risk can be hedged using (a) a forward contract and (b) an option.

Answered: 1 week ago

Question

★★★★★
Which of the following is considered a strategic activity? a. Productivity b. Recruitment c. Planning d. All of the above

Answered: 1 week ago

Question

★★★★★
Fair Value Hedge Sarazan Company issues a 4-year, 7.5% fixed-rate interest only, non-prepayable $1,000,000 note payable on December 31, 2010. It decides to change the interest rate from a fixed rate...

Answered: 1 week ago

Question

★★★★★
Multiple Choice Question 86 Marigold Corp. produces flash drives for computers, which it sells for $20 each. Each flash drive costs $12 of variable costs to make. During April, 1000 drives were sold....

Answered: 1 week ago

Question

★★★★★
Please help me please Question 11 of 14 Whispering Winds is unable to reconcile the ba Cash balance par bank $3.800 20 Add: MSF chock 570.00 Less Bankservice charge 15.00 Adjusted balance perbank $4...

Answered: 1 week ago

Question

★★★★★
1. Determine the magnitude and direction of the force that must be applied to the bottom of the gate shown below to keep the gate closed. 3.4 m Water 1.5 m wide gate Hinge T 0.75 m

Answered: 1 week ago

Question

★★★★★
Lynda is a manager of an investment center. Her division has been performing below expectations recently because one of its larger projects has not been as successful as anticipated. Given the poor...

Answered: 1 week ago

Question

★★★★★
Question 2 Determine the first two critical speeds for the shaft shown in figure 1 below. Young's modulus for steel should be taken as 200GN/m2. Show all the calculations and state all your...

Answered: 1 week ago

Question

★★★★★
According to the activity network below. Which one is a critical activity? START END Activ

Answered: 1 week ago

Question

★★★★★
(1 point) Find the derivative of f(x) = 6x+2x using the definition of the derivative. State the domain of f and the domain of f'. Derivative is Domain of f is Domain of f' is (Enter the domains using...

Answered: 1 week ago

Question

★★★★★
How does the ability to drill down into the state and store data give management critical information and help them identify issues that are occurring or opportunities that might be available?

Answered: 1 week ago

Question

★★★★★
What would you recommend that Dillards do regarding the past performance exhibited in the Day of the Week Dashboard?

Answered: 1 week ago

Question

★★★★★
What would you recommend that Dillards do regarding the past performance exhibited in the Monthly dashboard?

Answered: 1 week ago

Previous Question Next Question