A leftward shift of the market demand curve for hdtvs, ceteris paribus, causes equilibrium price to

Mountain Monster Desert Dragon 2 Sales price $5,000.00 $5,275.00 3 Variable cost of goods sold 3,275.00 3,500.00 4 Manufacturing

zalisa [80]

Answer:

The question requires that we prepare a contribution margin report based on the format provided in the full question which is attached herewith:

Explanation:

Contribution Margin Report by Product

Mountain Monster Desert Dragon

Revenue(4900*$5000)(4750*$5275) $24,500,000 $25,056,250

Variable cost of goods sold

($3275*4900)($3500*4750) ($16,047,500) ($16,625,000)

Manufacturing margin

($1725*4900)($1775*4750) $8,452,500 $8,431,250

Variable selling expenses

(225*4900)(825*4750) ($1,102,500) ($3,918,750)

Contribution margin

(1500*4900)(950*4750) $7,350,000 $4,512,500

Contribution margin ratio 30.00% 18.01%

(contribution/sales)

$7350,000/$24,500,000*100=30%

$4,512,500/ $25,056,250=18%

Download xlsx

7 0

3 years ago

The accounting equation can be stated as

Alexxx [7]

Answer:

a

Explanation:

a

4 0

3 years ago

The following accounts and account balances are available for Badger Auto Parts at December 31, 2019:

SVETLANKA909090 [29]

Answer:

Answer is solved and explained in the explanation section below.

Explanation:

In this question, we are asked to prepare a trial balance assuming that all accounts have normal balances. And the purpose of making a trial balance is to make sure that the entries in the system are mathematically sound.

So,

Badger Auto Parts Debit Credit

Accounts payable $8,500

Accounts receivable $40,800

Accumulated depreciation (furniture) $47,300

Advertising expense $29,200

Cash $3,200

Common stock $100,000

Cost of goods sold $184,300

Depreciation expense (furniture) $10,400

Furniture $128,000

Income tax expense $3,800

Income tax payable $3,600

Interest expense $6,650

Interest payable $1,800

Inventory $60,500

Notes payable $50,000

Prepaid rent $15,250

Retained earnings $15,900

Sales revenue $264,700

Utilities expense $9,700

Totals $491,800 $491,800

6 0

3 years ago

Businesses collect

Neporo4naja [7]

Businesses collect demographic information on where people live, what they buy, and how they spend their time. Businesses collect demographic information on where people live, what they buy, and how they spend their time.

8 0

3 years ago

The idea that as the quantity of an input increases, the additional output decreases (holding all else constant is called the La

Alina [70]

It is called the law of demand and supply whereby when the supply of commodity increases, the need reduces. The market becomes flooded with the items while the number of customers is constant. Moreover, when the supply of a good diminishes its demand goes up.

4 0

4 years ago