Answer:
(Fixed expenses + Target net profit)/Contribution margin ratio
Explanation:
The formula to compute the dollar sales volume for attaining the target profit is shown below:
= (Fixed expenses + target profit) ÷ (Contribution margin ratio)
where,
Fixed expenses = Fixed cost
Target profit = The budgeted profit
And, the contribution margin ratio is
Contribution margin ratio = (Contribution margin per unit) ÷ (selling price per unit) × 100
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
Answer:
Finance is:a.the study of how individuals,institutions,governments,and businesses acquire,spend,and manage money and other financial assets.
Explanation:
hope it helps you?
Answer:
$30 Favorable
Explanation:
Calculation for the activity variance for supplies cost in March
Using this formula
Activity variance = (Actual units - Budgeted units) * Variable cost
Where,
Actual units=856
Budgeted units=861
Variable cost=$6
Let plug in the formula
Activity variance=(856-861) * $6
Activity variance=5*$6
Activity variance=$30 Favorable
Therefore the activity variance for supplies cost in March would be closest to: $30 Favorable
Answer:
A budget deficit causes an increase in interest rates, which causes a decrease in investment spending.
Explanation:
In domain of economics, crowding out
can be regarded as a phenomenon which take place as a result of increased in involvement of government in market economy sector which substantially has effect on remainder of the market, this effect could be on the supply side, it could be on demand side of the market. An example of crowding out is A budget deficit causes an increase in interest rates, which causes a decrease in investment spending.
