Answer:
60 percent
Explanation:
Contribution margin refers to the revenue a firm derives after deducting the variable cost it has incurred.
Contribution margin = Sales - Variable costs
Contribution margin or contribution to sales ratio represents the percentage of contribution a firm earns from the sale of it's output.
It is represented mathematically as,
= 
Also, contribution margin ratio = 100 - variable cost ratio percentage.
Hence, contribution margin for three departments would be:
A = 100 - 30% = 70%
B = 100 - 40% = 60%
C = 100- 50% = 50%
This represents if sales revenue is 100, contribution margin earned is 70, 60 and 50 under three cases.
Since sales revenue in all three departments is the same, let us assume the sales revenue of a department as y.
Thus, weighted average contribution margin would be, 60 percent
Answer:
Operational goals
Explanation:
The operational goals are the goals that refer to the day to day targets so that the daily requirement of the company would be fulfilled that would result to fulfill the larger requirement at a later time as if the daily targets are fulfilled so the chance of fulfilling the larger task is high
To fulfill the daily task, the efficiency and effectiveness of the employees is equally important that could help the organization to achieves its desired targets and the objectives
Answer:
8375 units
Explanation:
Given: Fixed expenses = $52,000, Number of units to be sold = 6500 units, target profit = $15000
At breakeven; contribution margin = fixed cost = $52000
Hence contribution margin per unit = $52000/6500 = $8 per unit
Target contribution margin = Fixed cost + Target profits
= (52000+15000) = $67000
Hence sales in units = (67000/8) = 8375 units.
Answer:
D The number of jobs in marketing is on the rise
Explanation:
Answer:
Explanation:
If the government changes taxes without changing government spending to eliminate the recessionary gap, will the minimum required change in taxes be greater than, smaller than, or equal to the minimum required change in government spending?
The minimum required change in taxes will be greater than that of the minimum required change in government spending
tax multiplier (mpc/mps = 0/8/0.2=0.4) is smaller than the government spending multiplier (1/mps= 1/.2=5) because of the initial increase in disposable income caused by the decrease in income tax will be saved rather than spent
