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andre [41]
3 years ago
11

A manufacturer of tiling grout has supplied the following data:

Business
1 answer:
NNADVOKAT [17]3 years ago
6 0

Answer:

c. 31.4%

Explanation:

As we know that

Contribution margin ratio is

= Contribution margin ÷ Sales revenue × 100

where,

Contribution margin is

= Sales revenue - Variable manufacturing expense - Variable selling and administrative expense

= $1,920,000 - $957,000 - $360,000

= $603,000

And the sales revenue is $1,920,000

So, the ratio is

= $603,000 ÷ $1,920,000 × 100

= 31.40%

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Panic

Explanation:

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3 years ago
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Which type of market research is data that an entrepreneur collects himself or​ herself; for​ example, from a survey of potentia
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Answer:

Primary Research Data.

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While Sony and Microsoft focused on the graphics and raw processing power favored by hard-core male gamers, Nintendo chose to de
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Answer:

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The strategy adopted by Nintendo in this example is the _____ strategy.

C) blue ocean

Explanation:

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4 0
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Sometimes a company can short-circuit the task of building an organizational capability in-house by:
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Answer:

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Answer:

The correct answer is option A.

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