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
Bezzdna [24]
3 years ago
13

AirStep Shoe Company has two retail stores, one in Gainesville and the other in Orlando. The Gainesville store had sales of $165

,000, a contribution margin of 30 percent, and a segment margin of $15,300. The company's two stores have total sales of $380,000, contribution margin of 27 percent, and a total segment margin of $33,600. The contribution margin for the Orlando store must have been:
Business
1 answer:
const2013 [10]3 years ago
4 0
365000 - 165000 = $215,000
This gives you the Orlando sales.
215000 x 1.27 (27%) gives you the contribution margin for Orlando store
Answer is : $273,050
You might be interested in
Ula purchased stock in Purple, Inc., six years ago for $150,000. Purple has assets with a value of $225,000 ($175,000 basis) and
elena55 [62]

Answer:

$15,000 gain

Explanation:

Assets with a value of $225,000

Remaining asset (cash) to Ula ($25,000)

Purple liabilities ($60,000)

Balance $140,000

Balance Brought forward $140,000

Remaining asset (cash) to Ula $25,000

Ula purchased stock ($150,000)

Balance $15,000 gain

Or

$225,000-$25,000-$60,000=$140,000+$25,000-$150,000=$15,000 gain

Therefore we have $15,000 gain.

3 0
3 years ago
According to federal regulations, an IRB must have at least two community members to fulfill membership requirements; one member
kozerog [31]

Answer:

False

Explanation:

According to federal regulations each IRB shall have at-least 5 members, further, there shall be at-least one member with scientific expertise and one member with no expertise in science.

Total number shall not fall below 5 members.

Here it states, to have at-least two members are require to fulfill the requirement of membership. Thus, the above statement is false.

In case it is talking about only about the character being scientific expertise or not then it is true.

But total members are 5 and not 2 thus statement is false.

4 0
3 years ago
George had a previous balance on his credit card of $330.19 on which he paid $50.00. He was assessed a finance charge of $4.20.
STALIN [3.7K]
The answer is $284.39.
6 0
3 years ago
Read 2 more answers
If you were the CEO of a company that was looking to implement strategies to fill a perceived strategic-planning gap, you would
Natasha2012 [34]

Answer: Market penetration

Explanation:

 The market penetration strategy is one of the type of alternative growth strategy in which it mainly focus on gaining the high marketing share by selling the products and various types of services in the market.

The main advantage of this strategy is that the products are quickly adopted in the market and we also gain some effective incentives.

The market penetration strategy focuses on the organization growth and selling the products to the existing customers.

Therefore, Market penetration strategy is the correct answer.

8 0
3 years ago
Please hep me solve this thank you!Tevebaugh Corporation is a manufacturer that uses job-order costing. The company closes out a
jarptica [38.1K]

Answer:

$546,750

Explanation:

Sales                  2,498,000

COGS                (1,376,000)

gross profit        1,  112,000

S&A salaries        (219,000)

other S&A           (346,000)

underapplied MO  (10,250) *

net income           536.750‬

*we need to compare the actual voerhead with the applied overhead:

<u>actual overhead:</u> 176,000 + 420,000 = 596,000

<u>applied overhead:</u>

overhead rate:

\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate

568,000 / 32,000 = 17.75

33,000 x 17.75 = 585.750

      overhead

<u>debit              credit</u>

596,000    585,750

                    10,250 underapplied overhead

As the applied was lower it is underapplied we need to recognzie more cot thus, the net income decrease.

4 0
3 years ago
Other questions:
  • Adidas decides to invest $100,000,000 into a shoe factory in Vietnam from its money market account. The money market account was
    8·1 answer
  • The measure of how quickly an investment can be converted into cash is known as
    13·1 answer
  • Armando has a summer job hand-dyeing shirts that will be sold on the boardwalk. He is paid $5.00 per shirt. Armando is being pai
    8·1 answer
  • Kelly sells women's accessories. Her prospective buyer is smiling and is eyeing the samples Kelly brought with her to the sales
    7·1 answer
  • how does the IoT and Big Data currently play into your job, your organization and the industry? Are these two things connected a
    9·1 answer
  • Many of the recommendations as team leader to increase your team's productivity will likely result in significant change to the
    10·1 answer
  • A company had a budgeted production of 12000 units and actual production of 13200 units. Two types of raw material, P and Q are
    5·1 answer
  • What is meaning of GST​
    14·1 answer
  • According to experienced exporters, what is the only effective way to select a middleman?
    9·1 answer
  • To be useful for decision making, information should possess the fundamental qualities of relevance and.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!