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
Sindrei [870]
3 years ago
13

A company that makes organic fertilizer has supplied the following data: Bags produced and sold 200,000 Sales revenue $ 1,560,00

0 Variable manufacturing expense $ 660,000 Fixed manufacturing expense $ 448,000 Variable selling and administrative expense $ 180,000 Fixed selling and administrative expense $ 214,000 Net operating income $ 58,000 The company's degree of operating leverage is closest to:
Business
1 answer:
Natali5045456 [20]3 years ago
5 0

Answer:

The company's degree of operating leverage is closest to $840000

Explanation:

Selling price per unit = Sales revenue / No. of bags sold

= $1560000/200000 bags = $7.8 per bag

Variable cost per unit=Total variable expenses/No. of units

= $840000/200000 units = $4.2 per bag

Company’s unit contribution margin = Selling price per unit-Variable cost per unit

= $7.8 per unit-$4.2 per unit = $3.6 per unit

Company's degree of operating leverage = Variables manufacturing expense + Variable selling and administrative expense

=$660000+$180000 = $840000

You might be interested in
Vhich of the following is a description of a pullback device?
MrMuchimi

Answer:

Explanation:

A

8 0
3 years ago
The typical starting point of any firm's marketing mix is the:____________
soldier1979 [14.2K]

Answer: E. development of the good or service to be sold

Explanation:

The typical starting point of any firm's marketing mix is the development of the good or service to be sold. The marketing mix is simply a mix of the marketing strategies that are vital to achieve marketing aims and increase sales.

It should be noted that marketing mix begins with the product and without this, distribution, pricing and the promotion are not relevant.

8 0
4 years ago
what does it mean to do a good job of managing human resources in, for instance, a hospital? What activities are involved, and f
Fynjy0 [20]

Answer: When workers are given the best working conditions a company can afford.

Explanation:

A good job is done in Human resource management in an organization when it has ensured that staff are given the best working conditions the company can afford. In a hospital for instance, where the staff population is mainly made up of nurses and doctors, an approach can be done to give the workers quality working conditions such as:

1.) Effective work shift, to avoid overstressing employees.

2.) Workers paid adequately and on time.

3.) Granting workers seasonal leaves for rest.

4 0
3 years ago
jackson's programming paid its june rent of $500 cash. demonstrate how to use the accounting equation to record the transaction
Irina-Kira [14]

Answer: Jackson would decrease CASH and increase EXPENSES in the accounting equation.

Explanation: Jackson would lose cash by spending his money and his Living expenses will also rise along with it.

7 0
1 year ago
The break-even point is the sales level at which a company_______________.a. incurs a loss. b. contribution margin equals fixed
Neporo4naja [7]

Answer:

b. contribution margin equals fixed costs

e. has a profit of $0.

Explanation:

The break even point is the point in which the firm has no profit and no loss situation. When it meets we called as break even point.

So, the break even point is the point at which the profit is zero plus the contribution margin equals to the fixed cost i.e means

Contribution margin = Fixed cost

Sales - variable cost = Fixed cost

If both are equal so it seems the profit is zero

4 0
3 years ago
Other questions:
  • The major advantage of using bloom's taxonomy in developing objectives is that the taxonomy: helps in the formulation of criteri
    14·1 answer
  • g Peng Company is considering an investment expected to generate an average net income after taxes of $2,700 for three years. Th
    11·1 answer
  • DeLong Corporation was organized on January 1, 2017. It is authorized to issue 10,000 shares of 8%, $100 par value preferred sto
    9·1 answer
  • Martha and martin are 25-year-old twins. Martha makes $1,000 end-of-year payments into her investment portfolio for 10 years and
    12·1 answer
  • What is the term called when a company pays for a set of assets that is worth more than their company’s worth if they liquidised
    11·1 answer
  • Which statement on MRP explosion is BEST? Group of answer choices It calculates the total number of subassemblies, components, a
    7·1 answer
  • At August 31, Kingbird, Inc. has a cash balance per books of $8,320 and the following additional data from the bank statement: c
    14·1 answer
  • How does bankruptcy affect a persons credit rating
    9·1 answer
  • Maggie and Nate enter into a contract for the sale of car, but Nate later refuses to deliver the goods. Maggie asks a court to o
    14·1 answer
  • Developing a pricing structure that encourages customers to buy additional services that they don't need in order to obtain the
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!