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mash [69]
3 years ago
12

Marigold corp. has two divisions; sporting goods and sports gear. the sales mix is 65% for sporting goods and 35% for sports gea

r. marigold incurs $7030000 in fixed costs. the contribution margin ratio for sporting goods is 30%, while for sports gear it is 50%. what will be the total contribution margin at the break-even point?
Business
1 answer:
Arisa [49]3 years ago
5 0
<span>Sporting Goods - CM 30% x 65% = 19.5% Sports Gear - CM 50% x 35% = 17.5% Total Fields Corp - Weighted Avg CM = 37% FC 2,220,000 / Avg CM 37% = 6,000,000 Break Even sales Sporting Goods Sales @ 65% = 3,900,000 x 30% = 1,170,000 CM Sports Gear Sales @ 35% = 2,100,000 x 50% = 1,050,000 CM Total Sales 6,000,000. Total CM 2,220,000 Total FC 2,220,000</span>
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Out of the following- Savings bank, Commercial bank, and Credit Union which is a nonprofit financial institution?
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How should wildlife species like grouse or deer be valued, and how should that value be balanced against the economic interests
swat32

Answer:

The description is summarized in the clarification section below, according to the particular circumstance.

Explanation:

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5 0
3 years ago
How to calculate APS?
anyanavicka [17]
Assuming that you mean the APS referring to college/ high school subjects, it goes as follows: 

There are a total of 8 levels on the APS, starting at 0, 2, 3, 4, 5, 6, 7, and 8 

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5 0
3 years ago
Assume that three identical units are purchased separately on the following three dates and at the respective costs:________. Ju
krek1111 [17]

Answer:

Under last in, first out (LIFO) inventory method, the units purchased last are used to determine the cost of goods sold. This doesn't mean that exactly the last units purchased will be sold first, it is just used as an accounting tool.

In this case, the last unit purchased costed $20, and the immediately previous one costed $15. Under LIFO, these 2 units would have been sold (COGS = $35), and the ending inventory = $10 (the price of the "oldest" unit).

7 0
3 years ago
As of March 12, 2020 the yield to maturity on 30 year US Treasury Bonds was 1.44%. On the same date, the yield to maturity on 30
noname [10]

Answer:

The forecast inflation rate is implied by these interest rates is 1.13%

Explanation:

when dealing with inflation, we have that:

(1 + nominal interest rate) = (1 + real interest rate) * (1 + inflation rate)

                              1.0144 = 1.0031 * ( 1 + inflation rate)

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Therefore, The forecast inflation rate is implied by these interest rates is 1.13%

7 0
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