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forsale [732]
4 years ago
13

Johns Company operates in three different industries each of which is appropriately regarded as a reportable segment. Segment No

. 1 contributed 60 percent of Johns Company's total sales. Sales for Segment No. 1 were $500,000 and total variable costs were $400,000. Total common costs for all segments were $320,000. Johns allocated common costs based on the ratio of each segment's sales to the total sales. What should be the contribution margin presented for Segment No. 1?
Business
1 answer:
hichkok12 [17]4 years ago
5 0

Answer:

$100,000

Explanation:

Contribution Margin=Sales Revenue − Variable Costs

<u>For segment 1 </u>

Sales = $500,000

Variable costs = $400,000

Contribution Margin = $100,000

Therefore the contribution margin presented for segment number 1 is $100,000 while the attributable common cost for segment 1 will be (0.6*320,000) = $192,000

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Hannah allowed her friend Carol to borrow her laptop computer for a week during Thanksgiving Break. During that time Carol, with
prohojiy [21]

Answer:

Yes, these facts  are valid against Hannah which comes under Ratification Doctrine.

Explanation:

Here in the question its given that Hannah had allowed her friend to lend her computer for a one week period which was during her thanks giving break.

During those times Carol sold that laptop to a friend which was one of them in their class without asking hannah about this.

Now when after the break hannah and carol both return then carol told her that she had sold her laptop because she was getting an amount from the buyer which was too good to pass up so shesold it that moment.

Now when she gave that money to Hannah she instead of scolding her thanked her and her expression was seeming to be like she had done an awsome job for her.

So, based on the facts the contract was valid because it came under Ratification Doctrine.

6 0
4 years ago
Gravitational field​
ololo11 [35]

Answer:

The region of space surrounding a body in which another body experiences a force of gravitational attraction.

Please mark as brainlist.

5 0
3 years ago
Read 2 more answers
If Randy invests $15,000 at a 9% interest
WITCHER [35]

It will take 8.04 years for the initial investment of $15000 to become $30,000

What is the future value of an investment?

The future value of $15,000 invested now earning a rate of return of 9% per year is $30,000, it the future equivalent of an amount invested now when the invested amount has earned interest over a specific period of time.

The below future value formula of single cash flow can be used to determine the number of years it takes for the initial investment to double.

FV=PV*(1+r)^N

FV=future value=$30,000

PV=initial investment=$15,000

r=rate of return=9%

N=number of years it takes for the initial investment to double=unknown(assume it is X)

$30,000=$15000*(1+9%)^N

$30000/$15000=(1+9%)^N

2=1.09^N

take log  of both sides

ln(2)=N*ln(1.09)

N=ln(2)/ln(1.09)

N=8.04 years

Find out more about future value on:brainly.com/question/24703884

#SPJ1

8 0
2 years ago
Suppose that real domestic output in an economy is 20 units, the quantity of inputs is 10, and the price of each input is $4. An
Arisa [49]

Answer:

$2 per-unit cost of production

Explanation:

since 20 units are produced and 10 units of input are used so,

divide 20/ 10 to get per unit cost of production.

        20/10 = $2

6 0
4 years ago
Explain what is meant by the present value of an ordinary annuity. Choose the correct answer below. A. It is the value of any si
likoan [24]

Answer:

<u>Letter D is correct.</u>  It is the value of the unpaid balance on an annuity at the specified point in time.

Explanation:

An ordinary annuity is the making of fixed payments over a fixed period of time. To specify the value of an annuity present in an ordinary annuity, one must know the established interest rates. When interest rates are higher, the present value of the ordinary annuity is reduced, and when interest rates are lower the present value is higher.

7 0
3 years ago
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