Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Sales------$240,000 Variable cost------------$120,000 Traceable fixed cost---------$61,000 Average total assets of the uptown branch------$95,000 If sales volume decreased by 10% and traceable fixed cost decreased by

Sales------$240,000

Variable cost------------$120,000

Traceable fixed cost---------$61,000

Average total assets of the uptown branch------$95,000

If sales volume decreased by 10% and traceable fixed cost decreased by 20% what would be the new contribution margin?

A 10% increase in the sales volume at the NYC branch would be expected to increase the location's responsibility margin by:

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

Managerial Accounting

Authors: John J Wild, Ken W. Shaw, Barbara Chiappetta

7th edition

1260482936, 978-1260482935

More Books

Students also viewed these Accounting questions