1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
9966 [12]
3 years ago
5

Clark Company produces flash drives for computers, which it sells for $20 each. Each flash drive costs $12 of variable costs to

make. During April, 1,000 drives were sold. Fixed costs for March were $2 per unit for a total of $1,000 for the month. How much is the contribution margin ratio
Business
1 answer:
Tomtit [17]3 years ago
3 0

Answer:

contribution margin ratio= 0.4

Explanation:

Giving the following information:

Selling price per unit= $20

Unitary variable cost= $12

<u>To calculate the contribution margin ratio, we need to use the following formula:</u>

contribution margin ratio= (selling price - unitary variable cost) / selling price

contribution margin ratio= (20 - 12) / 20

contribution margin ratio= 0.4

You might be interested in
List four factor you should consider when selecting a financial institution
DanielleElmas [232]

Answer:

▪︎Products and Services That Fit Your Needs.

▪︎Security for Your Money.

▪︎Convenient Access to Your Cash.

▪︎Minimal Fees.

Explanation:

3 0
2 years ago
The Bretton Woods institutions are reflective of a ________ economic perspective. a. constructivist b. statist c. liberal d. mer
ser-zykov [4K]

Answer:

C is the correct answer.

Explanation:

The result of the Bretton Woods System was launched after the end of the world war. It was a liberal system as it aimed to set an open system of international trade in goods and services. It was also facilitated by semi-fixed exchange rates. But at the same time, it wanted to embed the market forces in a framework where they could be controlled by National Governments so that they can control the international capital flow. And for this purpose, The world Bank and International Monetary fund were created.

7 0
3 years ago
When brad john talks about the fact that he is going to have to create different financial plans depending on the amount of busi
nika2105 [10]
When Brad John talks about the fact that he is going to have to create different financial plans depending on the amount of business the company is bringing in, he is referring to a cash flow plan. It estimates short and long-term expenses against projected incoming cash. This is a form of anticipation through creating cushion intended for unexpected expenses.
8 0
3 years ago
An increase in government spending initially and primarily shifts
Ira Lisetskai [31]

Answer:

The correct answer is option a.

Explanation:

The aggregate demand in an economy comprises of consumer spending, government spending, investment expenditure, and net exports.

An increase in any of these components will cause the aggregate demand to increase or decrease.

So when the government spending increases the aggregate demand will increase. This increase in the aggregate demand will cause the aggregate demand curve to shift to the right.

This rightward shift in the aggregate demand curve will cause the price level and equilibrium quantity to increase.

8 0
3 years ago
Explain why employers are considered buyers of skills and employees sellers of skills in the labour market.
raketka [301]
The employers look for potential employees that they think would be a good fit and have good qualities.
8 0
3 years ago
Other questions:
  • Fisk Corporation is trying to improve its inventory control system and has installed an online computer at its retail stores. Fi
    14·1 answer
  • In a business letter the first thing you key usually is
    7·1 answer
  • On January 1st, Great Designs Company had a debit balance of $1,450 in the Office Supplies account. During the month, Great Desi
    13·1 answer
  • Suppose the Federal Reserve sells Treasury bills. We can expect this transaction to _____ the money supply, _____ Treasury bill
    5·1 answer
  • When some consumers see the marketing mixes being offered by various firms as being different, but other consumers consider thes
    15·1 answer
  • What are the portfolio weights for a portfolio that has 134 shares of Stock A that sell for $44 per share and 114 shares of Stoc
    6·1 answer
  • Health Defense sells first aid kits and uses the periodic inventory system to account for its merchandise. The beginning balance
    11·1 answer
  • Which resource management activity establishes common definitions for capabilities of personnel, equipment, teams, supplies, and
    9·1 answer
  • We need 25000 units per year. Two suppliers for those units have provided us their quotes. The order cost is $300 per order and
    5·1 answer
  • purchased decorating machine for $430,000 on January 1, 2020. depreciates machines of this type by the straight-line method over
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!