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

Question

1 Approved Answer

Selling price $5 $750 (7 Total fixed costs $12,600 (4) $395,000 Sales volume (units) 30.000 2,300 (8 Variable cost/unit (1) Operating income $27,900 (5) $428,680

image text in transcribed
Selling price $5 $750 (7 Total fixed costs $12,600 (4) $395,000 Sales volume (units) 30.000 2,300 (8 Variable cost/unit (1) Operating income $27,900 (5) $428,680 Tax rate (2) 25% 40% After-tak profit $19.530 $625,125 (9) Contribution margin ratio (3) (6) 0.64

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

The Reward And Benefits Audit

The Reward And Benefits Audit

Authors: Michael Armstrong

1st Edition

1907766081, 978-1907766084

More Books

Students also viewed these Accounting questions

Question

★★★★★
Suppose the price of leather gloves is $12. Graph a demand curve for leather-glove laborers from the following data concerning their total physical product: QUANTITY OF LABOR TOTAL PHYSICAL PRODUCT...

Answered: 1 week ago

Question

★★★★★
Python: Assume that the variable plist has been defined and refers to a list. Write a statement that assigns the next to last element of the list to x.

Answered: 1 week ago

Question

★★★★★
6. A college library has five copies of a certain text on reserve. Two copies (1 and 2) are first printings, and the other three (3, 4, S A C A C B C B C and 5) are second printings. A student...

Answered: 1 week ago

Question

★★★★★
1. Identify where (in its value system) and how IKEA have achieved cost leadership. 2. Identify how IKEA have achieved differentiation from their competitors. 3. Explain how IKEA tries to ensure that...

Answered: 1 week ago

Question

★★★★★
Selling price $5 $750 (7 Total fixed costs $12,600 (4) $395,000 Sales volume (units) 30.000 2,300 (8 Variable cost/unit (1) Operating income $27,900 (5) $428,680 Tax rate (2) 25% 40% After-tak profit...

Answered: 1 week ago

Question

★★★★★
Dinham Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During March, the kennel budgeted for 5,000 tenant-days, but its...

Answered: 1 week ago

Question

★★★★★
Define and calculate the specific and relative humidity of atmospheric air

Answered: 1 week ago

Question

★★★★★
void *calloc(size_t nmemb, size_t size); According to the library documentation, The calloc function allocates memory for an array of nmemb elements of size each. The memory is set to zero. If nmemb...

Answered: 1 week ago

Question

★★★★★
Determine whether the sequence converges or diverges. How do you know if it converges or diverges? 1 + 5 + 25 + ... Answer: Converges because it has a sum and r > 1 .

Answered: 1 week ago

Question

★★★★★
If a function does not return anything, then what do you put for its return type? What type of value must the main function return?

Answered: 1 week ago

Question

★★★★★
The air pressure in a tire is 650 kPa. The internal surface area of the tire is 500 cm2. Determine the total force (in kN) applied by the air to the tire.

Answered: 1 week ago

Question

★★★★★
How can the use of social media such as Facebook and Twitter-like applications benefit the performance management process?

Answered: 1 week ago

Question

★★★★★
According to Hofstede (in Table 15.2), the United States is low on power distance, high on individuality, high on masculinity, low on uncertainty avoidance, and low on long-term orientation. Russia,...

Answered: 1 week ago

Question

★★★★★
What do you think is the most important step shown in the model of the effective performance management process? Justify your answer.

Answered: 1 week ago

Previous Question Next Question