1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tatiyna
3 years ago
14

Following is relevant information for Snowdon Sandwich Shop, a small business that serves sandwiches: Total fixed cost per month

$1,500 Variable cost per sandwich 2.50 Sales price per sandwich 5.25 During the month of June, Snowdon sold 600 sandwiches. Using the preceding information, prepare its contribution margin income statement for the month of June.
Business
1 answer:
ASHA 777 [7]3 years ago
4 0

Answer: Contribution margin is 1,650

Explanation:

Contribution margin is calculated with the Net sales minus de Variable cost.

Considering that the sales price per sandwich is 5.25 and the quantity sold was 600 sandwiches the Net sale amount is 3,150.

To calculate the variable cost you use the variable cost per sandwich and the quantity sold, the total variable cost is 1,500.

The contribution margin resulted in 1,650 (3,150 minus 1,500), with this amount the fixed cost per month could be covered.

You might be interested in
2. The feature of the general version of the arbitrage pricing theory (APT) that offers the greatest potential advantage over th
Simora [160]

Answer: Use of several factors instead of a single market index to explain the risk-return relationship

Explanation:

Arbitrage pricing theory (APT) is when the return on an asset is forecasted when the linear relationship which exist between the expected return of the asset and the macroeconomic variables are being considered.

Capital Asset Pricing Model (CAPM) helps in showing the relationship that take place between systematic risk and an asset expected return.

The feature of the general version of the arbitrage pricing theory (APT) that offers the greatest potential advantage over the simple CAPM is the use of several factors instead of a single market index to explain the risk-return relationship as it's more robust when compared to the CAPM.

3 0
3 years ago
Macroeconomics, as opposed to microeconomics, includes the study of what determines the level of:___________
ArbitrLikvidat [17]
C is the answer. Good luck
7 0
3 years ago
The term __________ refers to the supplemental information provided in a proposal. It often includes examples of past projects,
natali 33 [55]

Answer:

D. appendices

Explanation:

The term appendices refers to the supplemental information provided in a proposal. It often includes examples of past projects, client testimonials, and technical specifications. Appendices basically provide the readers with the additional information which help them in better understanding the proposal in a greater detail. It is combination of additional and supplementary materials which includes the results of the past projects, testimonials, supportive data  and other technical specification of the project, which can't be included in the main body of the proposal.

5 0
3 years ago
Which of these is a method of raising capital through many small donations
tiny-mole [99]

Answer:

Crowdfunding

Explanation:

Loans means you borrowed with an expected amount of interest while investors also means they gave you the money expecting you to double it or perhaps even triple so they get their gain in many instance it could also means they want a part of your company so it's not the answer, selling products also isn't the answer since you're making an exchange of a product for money, now if you listen to the question well it mentioned Donations which means giving out money or charity so crowdfunding is the answer because by it's name alone Crowd-Funding

7 0
3 years ago
True False There is no exact formula an employee should use to determine the number of deductions to take.
Anit [1.1K]
I think its true...........................
8 0
3 years ago
Other questions:
  • A contract is said to be implied if the A. Seller signs a listing agreement B. Buyer signs a buyer representation agreement C. p
    11·1 answer
  • Selected information from Jacklyn Hyde Corporation's accounting records and financial statements for 2021 is as follows ($ in mi
    14·1 answer
  • The schedule of accounts payable is prepared from the
    14·1 answer
  • Schwering Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocat
    10·1 answer
  • The organization structure that organizations most commonly adopt to solve control problems that result from producing many diff
    10·1 answer
  • What is the probability that small-company stocks will produce an annual return that is more than one standard deviation below t
    12·1 answer
  • The Core Company had the following assets and liabilities as of December 31: Assets Cash $58,000 Accounts receivable 25,000 Inve
    8·1 answer
  • The cost of equipment purchased by Sheridan, Inc., on June 1, 2020, is $107,100. It is estimated that the machine will have a $6
    7·1 answer
  • Consider a model in which two products, x and y, are produced. There are 30 pounds of material and 60 hours of labor available.
    14·1 answer
  • Which of these pavement markings separates two lanes traveling in the same direction?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!