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

Question

1 Approved Answer

Swifty Corporation reported the following intormation for the current years $ Sales (41000 units )$820000, direct materials and direct labor $401800, other variable costs $41000,

image text in transcribed
Swifty Corporation reported the following intormation for the current years $ Sales (41000 units )$820000, direct materials and direct labor $401800, other variable costs $41000, and ficed costs $300000. What is Swifty's contribution margin ratio? 68% \% 5486 3296 46%6

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

Contemporary Auditing Real Issues And Cases

Contemporary Auditing Real Issues And Cases

Authors: Michael C. Knapp

6th Edition

0324303254, 9780324303254

More Books

Students also viewed these Accounting questions

Question

★★★★★
Now assume that the cost to replicate project S in 2 years will increase to $105,000 because of inflationary pressures. How should the analysis be handled now, and which project should be chosen?...

Answered: 1 week ago

Question

★★★★★
In Problem evaluate the indicated limits if they exist. f(x + h) - f(xr) lim h0 1 for f(x) h x + 2

Answered: 1 week ago

Question

★★★★★
7. What does the research tell us about the positive effects of exercise on cognitive function? What are some of the specific effects that exercise can have upon cognition? Include a discussion of...

Answered: 1 week ago

Question

★★★★★
Alden Co.s monthly sales and cost data for its operating activities of the past year follow. Management wants to use these data to predict future fixed and variable costs. Required 1. Prepare a...

Answered: 1 week ago

Question

★★★★★
Kimbo Widgets Inc. purchased new cloaking machinery three years ago for $9 million. The machinery can be sold to the Rimalons today for $8.2 million. Kimbos current statement of financial position...

Answered: 1 week ago

Question

★★★★★
answer these questions. 5. S2 Price Y Q S1 2 P V W D U O M N Quantity demanded/supplied per period In the above diagram, the imposition of a tax shifts the supply curve from S, to $2. What is the...

Answered: 1 week ago

Question

★★★★★
Company Information & Summary of Significant Account Policies Macon Machines Company began operations on November 1, 2024. The main operating goal of the company is to sell high end robots. Customers...

Answered: 1 week ago

Question

★★★★★
Palma Company had 90% ownership interest acquired several years ago in Small Company. The amortization of allocated excess (identifiable assets) arising from this acquisition amounted to P2,000 per...

Answered: 1 week ago

Question

★★★★★
5. Do all parts below without using u-substitution 1 3 2 a. Evaluate f(x- 2x + 4x) dx -1 b. / Evaluate 2x(x - 3)dx 9x2-x3/2 c. Evaluate - dx x d. Evaluate 16 dx CSCX 3 x+x+1 e. Evaluate f dx x dx f....

Answered: 1 week ago

Question

★★★★★
During May, 6,000 pounds of raw materials were purchased at an actual cost of $2.60 per pound. If there was a favorable materials price variance of $1,200 for December, the standard cost per pound...

Answered: 1 week ago

Question

★★★★★
It is essential that performance initiatives are measured in order to determine their success or failure. Outline two performance metrics that an HR manager might use to measure or monitor a...

Answered: 1 week ago

Question

★★★★★
Within the next three years, is the opposition likely to increase, remain unchanged, or decrease?

Answered: 1 week ago

Question

★★★★★
What changes, if any, are projected for this environment?

Answered: 1 week ago

Question

★★★★★
How have these groups changed within the last three years?

Answered: 1 week ago

Previous Question Next Question