Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 30, 2024

Question is in the photo. Marigold Corp. is planning to sell 820000 units for $1.50 per unit. The contribution margin ratio is 20%. If Marigold

Question is in the photo.

Marigold Corp. is planning to sell 820000 units for $1.50 per unit. The contribution margin ratio is 20%. If Marigold will break even at this level of sales, what are the fixed costs? $934800. O $246000. O $820000. O $574000

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

Comparative International Accounting

Authors: Christopher Nobes, Robert Parker

14th Edition

1292296461, 978-1292296463

More Books

Students also viewed these Accounting questions

Question

★★★★★

Delta Air Lines, Inc. (DAL) provides cargo and passenger services throughout the world. The following operating data (in millions) were adapted from recent financial statements of Delta. 1. Prepare...

Answered: 1 week ago

Question

★★★★★

Why do you think the three (possibly five) decided to engage in the scheme? Do any thoughts for your credo come from your observations about what happened?

Answered: 1 week ago

Question

★★★★★

How would you help students develop an authentic sense of efficacy for guiding their own learning?

Answered: 1 week ago

Question

★★★★★

The internal control procedures in Phillips Company make the following provisions. Identify the principles of internal control that are being followed in each case. (a) Employees who have physical...

Answered: 1 week ago

Question

★★★★★

During the year ended 5 April 2022 Eric (a higher rate taxpayer) disposed of the following asset: (a) A small cottage in Devon which he had inherited in August 1988 when its value was 20,000 and he...

Answered: 1 week ago

Question

★★★★★

The marginal revenue curve faced by a perfectly competitive firm m Multiple Choice ints eBook O lies below the firm's demand curve. eferences O is downward sloping, because price must be reduced to...

Answered: 1 week ago

Question

★★★★★

Beats versus Skullcandy Headphones Background For this role-play, students will assume one of three roles: (1) sales representative for Beats headphones; (2) sales representative for Skullcandy...

Answered: 1 week ago

Question

★★★★★

State E& Company acquisitions during 2 0 2 2 and the aggregated goodwill resulted from these acquisitions. How does each acquisition affect goodwill?

Answered: 1 week ago

Question

★★★★★

The strength of a steel beam with I cross-section is increased by attaching a plate to its upper flange. Determine the moment of inertia and radius of gyration with respect to an axis which is...

Answered: 1 week ago

Question

★★★★★

5) (15 pts) How close does the line 2x - 5y = 4 come to the point (1,5)? (show all of your work):

Answered: 1 week ago

Question

★★★★★

You developed an app named "Help Me" which is used to help any kind of people in need of any kind of work such as gardening, aged care, mechanical service, tutor, etc. If anybody needs instant help...

Answered: 1 week ago

Question

★★★★★

7. Think of a situation where you felt that you mastered the situation, i.e. where you had a positive feeling of completing the task you were to perform. A. Now develop a picture in your imaginary...

Answered: 1 week ago

Question

★★★★★

6. Think of something that you believe in, without the slightest doubt attached to it. How do you imagine this? Is it verbal, in rumours, in metaphors or the like? The answer says something about how...

Answered: 1 week ago

Question

★★★★★

Do not move closer than an arms distance. (This distance literally applies to Northern Europe. In Southern Europe this distance is slightly smaller.) If you get closer than this distance, you seem...

Answered: 1 week ago

Previous Question Next Question