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choli [55]
3 years ago
14

Watson company has monthly fixed costs of $83,000 and a 40% contribution margin ratio. if the company has set a target monthly i

ncome of $15,000, what dollar amount of sales must be made to produce the target income? $207,500 $170,000 $39,200 $245,000 $37,300
Business
1 answer:
qaws [65]3 years ago
8 0
The formula is:
Target sales = ( Fixed Costs + Target monthly income ) / Contribution margin ratio
Target sales = ( $83,000 + $15,000 ) / 0.4 =
= $98,000 / 0.4 = $245,000
Answer:
D ) $245,000 must be made to produce the target income.
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Answer and explanation:

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2 years ago
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Suppose a farmer in Georgia begins to grow peaches. He uses​ $1,000,000 in savings to purchase​ land, he rents equipment for ​$1
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Answer:

-$475,000

Explanation:

Total revenue = Baskets of peaches × Price

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Explicit cost:

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Implicit cost:

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<span>Government increases the tax rate.
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Inflationary pressure decreases.<span>

</span>
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2 years ago
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What is the purpose of jim lentz’s series of presentations to toyota employees in california?.
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<h3>Answer</h3>

To address employees concerns and provide details about relocation.

<h3></h3>

Explanation

CEO Jim Lent addressed the employees at Toyota to their concerns and to inform them about the relocation that is planned at a board level and then it is to be implemented.

CEO of Toyota is therefore addressing the employees to provide them details about relocation and to address their concerns.

<h3>Conclusion</h3>

Jim Lent CEO of Toyota, addressed the employees to provide them details about relocation and to address their concerns.

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