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
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>
You might be interested in
Frederick herzberg believed the best way to motivate employees with through his model of , which expands job content to create m
gayaneshka [121]
The answer is:   "job enrichment" .
_____________________________________________
<span>       "Frederick Herzberg believed the best way to motivate employees with through his model of <u>  job enrichment  </u><u /> , which expands job content to create more opportunities for job satisfaction." 
_____________________________________________</span>
3 0
3 years ago
Following are two income statements for Alexis Co. for the year ended December 31. The left number column is prepared before adj
julsineya [31]

Answer:

Find in the excel file attached detailed adjusting entries required for all transactions in the question.

Explanation:

Please note  the analysis of each transaction done under the heading "particulars".

Download xlsx
4 0
3 years ago
Marie saved $51. on wednesday, she spent $8 of her savings. what ratio represents the portion of her total savings that she stil
ASHA 777 [7]

43.51

hope this helps

6 0
3 years ago
(50 POINTS) 1 HOUR TO ANSWER PLEASE HELP. LIFE INSURANCE?
GenaCL600 [577]
1) C
2)B
3) A Hoped this helped you!
3 0
3 years ago
Question:
soldier1979 [14.2K]

Answer: its environmental scientist

Explanation:

4 0
3 years ago
Other questions:
  • True or False. A post-closing trial balance is a list of all accounts and their balances after we have updated account balances
    5·1 answer
  • You overhear a newly graduated RN telling one of your colleagues that leadership and management belong to the unit manager and n
    10·1 answer
  • Todrick Company is a merchandiser that reported the following information based on 1,000 units sold: Sales $ 360,000 Beginning m
    15·1 answer
  • You are watching a commercial on television for the newest sandwich at your favorite fast food chain. What type of promotion are
    10·2 answers
  • Why were US workers against the ratification of the North American Free Trade Agreement (NAFTA) in 1992?
    8·2 answers
  • Which kind of decisions involving resources must producers of goods and services make? ECONOMICS.
    8·2 answers
  • The stadium manager has been tasked with maximizing total revenue (bound by current capacity, of course). What price should she
    15·1 answer
  • The Filling Department of Eve Cosmetics Company had 3,900 ounces in beginning work in process inventory (90% complete). During t
    6·2 answers
  • In advertising, puffery refers to ________. Group of answer choices broadcasting a straightforward promotional message including
    15·1 answer
  • If you have a balance of $1,000 on your credit card, and the interest rate is 17¾% a year, in order to pay off the $1,000 in 5 y
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!