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Anastasy [175]
3 years ago
14

Young Company budgets sales of $112,900,000, fixed costs of $25,000,000, and variable costs of $66,611,000. What is the contribu

tion margin ratio for Young Company
Business
1 answer:
xenn [34]3 years ago
6 0

Answer:

41 percent

Explanation:

Given : Budgeted Sales $112,900,000

            Fixed Costs $25,000,000

            Variable Costs $66,611,000

Contribution margin =  Net Sales - Variable costs

                                  = $112,900,000 - $66,611,000

                                  = $ 46,289,000

Contribution Margin Ratio = \frac{Contribution\ Margin}{Net\ Sales}  = \frac{46289000}{112900000} =  41%

Contribution margin ratio indicates the percentage of sales remaining so as to cover a firm's fixed expenses. It also represents how much percentage of sales is required to cover the variable costs.

It is also expressed as , 100 - Variable cost ratio (in percentage)

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The types of KPIs that can be measured besides company-level, campaign-level, department-level, and team-level KPIs is the marketing tactic-level KPIs.

<h3>What is key performance indicator?</h3>

It should be noted that KPI stands for key performance indicator. This is a quantifiable measure of performance over time for a specific objective.

In this case, KPIs provide targets for teams to shoot for, milestones to gauge progress, as well as insights that help people across the organization make better decisions.

A key performance indicator is a type of performance measurement. It should be noted that KPIs evaluate the success of an organization or of a particular activity in which it engages.

The Key Performance Indicators include:

  • Revenue growth.
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In conclusion, the correct option is marketing tactic-level KPIs.

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3 0
2 years ago
Which of the following is a drawback of a push strategy?
Gnom [1K]

Answer:

i think it would most like;y be c

Explanation:

3 0
3 years ago
your company has a registered domain name. you decide to sell portions of the domain name and make it available to others. What
Aleks [24]

Answer: A shared domain

Explanation: A domain name refers to a registered address whereby the website of an individual or organization can be accessed. In simple terms, the name of a website is called the domain name. They are used in the identification of web pages and IP addresses. Domain sharing capabilities offer the opportunity to split users of a domain across multiple servers. When one decides to make portion of one's domain name available to others, such act is called domain sharing. This way a certain domain name will possess more than one user account.

5 0
3 years ago
To help with hiring decisions during peak seasons and holidays, Cards for All Seasons uses time-series forecasts, like sales fro
nexus9112 [7]

Answer:

B) A Trend Decision

Explanation:

Trend decision is also known as Trend forecasting. It is a complicated and useful way in which data of past sales is used to determine future trends. It is generally used by marketing experts to determine future sales growth. It can be used in different areas of a business.

An example of the use of trend forecasting is the fashion industry. Since customers change their purchasing behavior rapidly, so a particular garment becomes popular for one season and then it goes out of fashion. Fashion forecasters use trend forecasting to predict the trends by including the work designers and the early adoption of a trend among the people

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Monetarists believe that changes in the supply of money Question 24 options: do not affect aggregate demand. affect aggregate de
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Answer: affect aggregate demand directly.

Explanation:

Monetarists believe that money supply is very important in determining the economic growth of an economy and this is why they advocate for monetary authorities to get involved in the monetary system in order to guide the growth of the economy.

To monetarists, the supply of money influences consumption as well as investment and so directly affects aggregate demand because both consumption and investment are components of aggregate demand. For instance, an increase in money supply increases both consumption and investment and so increases aggregate demand.

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