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
Vanyuwa [196]
3 years ago
6

Carroll Corporation has two products, Q and P. During June, the company's net operating income was $25,000, and the common fixed

expenses were $37,000. The contribution margin ratio for Product Q was 30%, its sales were $200,000, and its segment margin was $21,000. If the contribution margin for Product P was $80,000, the segment margin for Product P was:
$62,000

$59,000

$62,000

$41,000
Business
1 answer:
Firlakuza [10]3 years ago
4 0

Answer:

Option (d) is correct.

Explanation:

Total Segment Margin = Net Operating Income + common fixed expenses

                                       = $ 25,000 + $ 37,000

                                       = $ 62,000

Total Segment Margin = Segment Margin of Q + Segment Margin of P

$ 62,000 = $ 21,000 + Segment Margin of P

or Segment Margin of P = $ 62,000 - $ 21,000

                                         = $ 41,000

You might be interested in
The project will require an investment of $10,000 in new equipment. the equipment will have no salvage value at the end of the p
maks197457 [2]

Answer:

The answer is attached

Explanation:

Download xlsx
4 0
3 years ago
Which economic system has economic roles that are passed from generation to generation?
mylen [45]
The best answer would be: traditional economy (specifically, it's definitely neither market economy nor command economy - in those economies the family does not necessarily play a role in the chose of roles).

An example of such strict economic roles is ancient India - and the roles are called castes.
5 0
3 years ago
A Caterpillar tractor acquired on January 12 at a cost of $171,000 has an estimated useful life of 25 years. Assuming that it wi
Kay [80]

Answer and Explanation:

a. The computation of depreciation for each of the first two years by the straight-line method is shown below:-

Depreciation

= (Assets cost - Salvage value) ÷ Useful life

= ($171,000 - 0) ÷ 25

= $6,840

For First year = $6,840

For Second year = $6,840

It would be the same for the remaining useful life

b. The computation of depreciation for each of the first two years by the double-declining-balance method is shown below:-

First we have to determine the depreciation rate which is shown below:

= One ÷ useful life

= 1 ÷ 25

= 4%

Now the rate is double So, 8%

In year 1, the original cost is $171,000, so the depreciation is $13,680 after applying the 8% depreciation rate

And, in year 2, the ($171,000 - $13,680) × 8% = $12,585.60

7 0
3 years ago
A firm is analyzing two possible capital structureslong dash30 and 50 percent debt ratios. the firm has total assets of​ $5,000,
const2013 [10]
Jkghjrt rth th tuyhth ghthfdsh thhtshgh th
6 0
3 years ago
Mona contracts to repair a computer for New Data, Inc. (NDI) for $450 and have it done by next Monday. Mona knows that without t
damaskus [11]

Answer:

$5,000

Explanation:

Consequential damages are damages that result from the one party in a contract not performing their part or breaching the contract.

In this case, New Data can sue Mona for consequential damages resulting from Mona not performing her contractual obligations. The damages that New Data can recover = $5,000 which is the profit from the lost sale. The $1,000 spent fixing the computer cannot be recovered.

8 0
3 years ago
Other questions:
  • Suppose that Mr. Green Jeans sells $5,000 of wheat to Big Ben Bakery. Big Ben uses the wheat to make flour and then hamburger bu
    9·1 answer
  • Use the information below to answer the following questions. U.S. $ EQUIVALENT CURRENCY PER U.S. $ Polish Zloty .2994 3.3406 Eur
    8·1 answer
  • University Car Wash built a deluxe car wash across the street from campus. The new machines cost $213,000 including installation
    7·1 answer
  • Interest amounting to $4 was credited to your account by the bank in September. The bank's service charge for the month was $5.
    10·1 answer
  • The global positioning system is a network of 21 ________ plus 3 working spares.
    14·1 answer
  • Maddy has been performing at a very high level at the firm, and so when two colleagues of hers who are currently leading other d
    14·1 answer
  • Choose the best answer to fill in the blanks. When writing for business, it is important to be _______ and make sure that you al
    11·1 answer
  • Phyllis is 85 years old and has begun a life review. her primary reason for doing this is probably to:_____.
    6·1 answer
  • Suppose there is an increase in both the supply and demand for personal computers. In the market for personal computers, we woul
    15·1 answer
  • The accounting measure of a firm's stock price is called ________. book value market value liquidation value tobin's q
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!