Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 25, 2024

Q2 ABC business had $370,000 total sales in 2019 and 35% CM ratio. If its sales is to be increased by $100,000 in 2020, please

Q2 ABC business had $370,000 total sales in 2019 and 35% CM ratio. If its sales is to be increased by $100,000 in 2020, please calculate how much will increase in its net income in 2020.

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

Cost Accounting Theory And Practice

Authors: R. Palaniappan, N. Hariharan

1st Edition

9380578342, 978-9380578347

More Books

Students explore these related Accounting questions

Question

A liquor wholesaler is interested in assessing the effect of the price of a premium scotch whiskey on the quantity sold. The results in the accompanying table on price, in dollars, and sales, in...

Answered: 3 weeks ago

Question

How might the reactions vary depending upon proximity to the event, long-term family impact (i.e., family displacement), academic impacts, and the age of children? What sorts of mental health...

Answered: 3 weeks ago

Question

=+b) Why might this be problematic? What might you suggest to the researcher before proceeding?

Answered: 3 weeks ago

Question

Super Sales Company is the exclusive distributor for a high-quality knapsack. The product sells for $60 per unit and has a CM ratio of 40%. The companys fixed expenses are $360,000 per year. The...

Answered: 3 weeks ago

Question

M The Home set Page Layout Forms Data Revine View Developer Halp Datame Fo PA Gen B P 2. A- FUC d Ch M Cost of goods manufactured Consider the following account balances in thousands) for the Causeco...

Answered: 3 weeks ago

Question

Results from previous studies showed 79% of all high school seniors from a certain city plan to attend college after graduation. A random sample of 200 high school seniors from this city reveals that...

Answered: 3 weeks ago

Question

1 . You may purchase a parcel of land for its current market price of $ 6 , 0 0 0 , 0 0 0 . Restrictive covenants only allow you to build a hotel on the land. 2 . The parcel of land is currently...

Answered: 3 weeks ago

Question

Write SQL statement to create a single table for the STAR entity identified in the E-R model you created last week. Then add one or two rows of sample data into the STAR table (feel free to pick your...

Answered: 3 weeks ago

Question

2. If the coordinate frame oixiyizi is obtained from the coordinate frame ooxoyozo by a rotation of /2 about the x-axis followed by a rotation of /2 about the fixed y-axis, find the rotation matrix R...

Answered: 3 weeks ago

Question

In 2 0 2 3 , Sterling and Lana Archer ( ages 3 1 and 2 9 ) are married and live in New York, NY . Their address is 8 8 0 5 th Ave Unit 2 2 A , New York, NY 1 0 0 2 1 . They have a two - year - old...

Answered: 3 weeks ago

Question

Solve the following 1,4 3 2TT 5x- 1+ (15 x) dx 5X

Answered: 3 weeks ago

Question

=+With different benefits? Can you inspire user-generated content and:

Answered: 3 weeks ago

Question

=+will appear. Make sure it's portable. Ask yourself:

Answered: 3 weeks ago

Question

=+What other ideas could you use? Did you consider an alternative message:

Answered: 3 weeks ago

Previous Question Next Question