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netineya [11]
3 years ago
5

Bolka Corporation, a merchandising company, reported the following results for October: Sales $ 433,000 Cost of goods sold (all

variable) $ 174,800 Total variable selling expense $ 25,600 Total fixed selling expense $ 15,100 Total variable administrative expense $ 14,800 Total fixed administrative expense $ 31,400 The contribution margin for October is:
Business
1 answer:
Yuri [45]3 years ago
8 0

Answer:

$217,800

Explanation:

The formula to compute the contribution margin is shown below:

= Sales - Cost of goods sold (all variable) - Total variable selling expense - Total variable administrative expense

= $433,000 - $174,800 - $25,600 - $14,800

= $217,800

As contribution margin = Sales - variable cost

And, we done the same.

All other information which is given is not relevant. Hence, ignored it

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How to write a recommendation letter for a student?.
frutty [35]

Answer:

Ask the student for academic information. ...

Address your letter accordingly. ...

Introduce yourself and your qualifications. ...

Include details about your academic relationship with the student. ...

Highlight the student's qualifications with examples. ...

Conclude your letter.

Explanation:

7 0
2 years ago
For each of the following scenarios, please decide whether there will be an increase or decrease in short-run aggregate supply,
algol13

Answer:

1.short run aggregate supply decreases

2.short run aggregate supply decreases

3.short run aggregate supply increases

Explanation:

The short run aggregate supply is the total production of goods and services in an economy holding some factors of production fixed.

1. Even in a healthy economy. As the natural rate of unemployment increases, short run aggregate supply decreases.

2. A rise in the price of lumber (inflation) would cause a decrease in short run aggregate supply.

3. An increase in productivity caused by the acquisition of capital equipment would cause the short run aggregate supply to increase.

8 0
3 years ago
What is one drawback of pure competition compared to monopolies?
frutty [35]

Answer:

D. Pure competition spreads resources between many different

firms.

Explanation:

Pure competition is a market structure with many suppliers and many buyers. All the suppliers sell a homogeneous product. There is intense business competition among the suppliers. Other characteristics of pure competition include

  • There are no dominant suppliers.
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  • Suppliers/firms are price takers.

In pure competition, resources are shared among the many competing firms in the industry, unlike in a monopoly that has only a single supplier. Resources include raw materials and profits.

8 0
3 years ago
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The direct labor budget begins with the required production in units from the production budget.
miv72 [106K]
I believe the Answer is false
6 0
3 years ago
Suppose you are committed to owning a $215,000 ferrari. if you believe your mutual fund can achieve an annual return of 10.8 per
Pie

Answer: I must invest <u>$85424.14</u> today in order to buy a Ferrari nine years from now on the day I turn 30.

We have

Price of the Ferrari nine years from now (Future Value - FV)    $215000

Expected Rate of return on the mutual fund (r)    10.8%

Time until I turn 30  (n)   9 years

We can calculate the Present Value (PV) or the money to be invested today as

\mathbf{PV = \frac{FV}{(1+n)^{n}}}

PV = \frac{215000}{(1+0.108)^{9}}

\mathbf{PV = 85424.14022}

6 0
3 years ago
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