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kow [346]
3 years ago
15

Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a contribution margin of $46,4

00 for Division A. Division B had a contribution margin ratio of 35% and its sales were $243,000. Net operating income for the company was $36,800 and traceable fixed expenses were $51,000. Corbel Corporation's common fixed expenses were:
Business
1 answer:
diamong [38]3 years ago
5 0

Answer:

$5300

Explanation:

Contribution margin for Division B = Sales * Contribution margin ratio

= $243,000 * 20%

= $46,800

Total contribution margin = Division A + Division B

= $46,400 + $46,800

= $93,200

Contribution margin $93,200

Less : Traceable fixed expenses $51,100

Less : Common fixed expenses (plug) $5300

Net operating income $33,800

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dimaraw [331]

Answer:

its A

Explanation:

Debt Financing

5 0
3 years ago
Read 2 more answers
I just failed my test what happen
balandron [24]

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7 0
2 years ago
Which sentence does not contain a hidden verb? the lab assistant gave a demonstration on how to create a suitable sample. the of
Natalka [10]
The best answer for this question would be this sentence:

<span> The information technology department has a requirement for technical training.

Because it is direct to the point in the sentence and it describes only one verb in action through the sentence. It doesn't need another verb to support it.</span>
5 0
2 years ago
During its most recent fiscal year, Raphael Enterprises sold 270,000 electric screwdrivers at a price of $17.10 each. Fixed cost
pantera1 [17]

Answer:

$2,889,000

Explanation:

Sales units = 270,000 units

Sale Price = $17.10

Fixed cost = $729,000

Sales Value = 270,000 * $17.10

Sales Value = $4,617,000

Contribution Margin = Sales- Fixed cost

Contribution Margin = $4,617,000 - $729,000

Contribution Margin = $3,888,000

Variable Cost = Contribution margin- Pretax income

Variable Cost = $3,888,000 - $999,000

Variable Cost = $2,889,000

So, $2,889,000 is the amount that should have been reported as variable costs in the company's contribution margin income statement for the year in question.

8 0
2 years ago
Over the past 20 years, Alfred has purchased 380 shares of Green, Inc., common stock. His first purchase was in 1996 when he acq
pishuonlain [190]

Answer:

The correct answer is $1,250.

Explanation:

According to the scenario, the computation of the given data are as follows:

If he wants to minimize the gain So, he will sell the 125 share out of 200 share which he has bought in 2018 at $50.

So, Amount Realized after sell at $60 = 125 × $60 = $7,500

Adjusted basis from 2018 = 125 × $50 = $6,250

So, We can calculate the recognized gain by using following formula:

Recognized gain = Amount Realized - Adjusted basis

= $7,500 - $6,250

= $1,250

3 0
3 years ago
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