Contribution=Selling Price*Contribution Ratio
=25*.06
=$15
Variable Expense=Sales-Contribution
=25-15
$10
When Selling price=$28
Contribution=$28*.06
=$16.8
Variable Expense=28-16.8
=$11.2
Increase in variable=11.2-10
=$1.2
Answer:
$125,165.49
Explanation:
Daily Sales Outstanding is computed by dividing Average Accounts Receivable over Daily Credit Sales.
In this case, if the DSO is 71, then the Daily Credit Sale is $2,887.3239($205,000/71).
Then, the old sales is $1,053,873.24 ($2887.3239 x 365).
If this is reduced by 15% after the policy is implemented, the new sales is $895,792.25 ($1,053,873.23-15%) and the new daily sales is $2,454.23 ($895,792.25/365).
Using these DSO formula, the new Accounts Receivable level will be $125,165.49 (51 x $2,454.23).
In explaining hedge funds to an investor, a registered representative might correctly characterize them as utilizing common stockholders.
- The potential for the greatest loss determines the riskiest situation.
- The inherent nature of leverage in futures trading is one of the main dangers involved. The most frequent reason for losses in futures trading is frequently a disregard for leverage and the dangers involved.
- Common stockholders always bear the most risk because they are the last to be compensated in the event of business liquidation. However, if the company is successful, common stockholders could stand to gain the most from ownership.
Learn more about common stockholders here
brainly.com/question/2528944
#SPJ4
Answer:
a. $437,200
Explanation:
Direct material Cost $117,700
Direct Labor $153,800
Manufacturing Overhead <u>$183,600</u>
Total manufacturing Cost $455,100
- Ending Work-in-Process <u>$17,900 </u>
Cost of Goods Manufactured <u>$437,200</u>
So, The cost of Goods manufactured was $437,200.
Answer:
The correct words, that fills the gaps are: driving force, competitive
Explanation:
Even when it is important to judge what stage of growth an industry is in, it is better to identify the factors that cause fundamental adjustments in the industry and competition. Industry conditions and competition change because forces are in motion that create incentives or pressures for change. The dominant forces are known as driving forces, because they have the greatest influence on the kind of changes that will take place in the structures and environment of the industry.