What is the main hazard of liquid fuel tools

Contribution Margin Ratio, Variable Cost Ratio, Break-Even Sales Revenue The controller of Ashton Company prepared the following

iren [92.7K]

Answer:

1. 73 %

2. 27 %

3. $60,000

4. Ways to increase projected operating income without increasing total sales revenue :

Reduce the variable costs per unit
Reduce fixed overheads

Explanation:

Contribution Margin Ratio = Contribution / Sales × 100

Where,

Contribution = Sales - Variable Costs

= $88,000 - $23,760

= $64,240

Then,

Contribution Margin Ratio = $64,240/ $88,000 × 100

= 73 %

Variable Cost Ratio = Variable Cost / Sales × 100

= $23,760 / $88,000 × 100

= 27 %

Break-even sales revenue = Fixed Costs ÷ Contribution Margin Ratio

= $43,800 ÷ 0.73

= $60,000

<u>Ways to increase projected operating income without increasing total sales revenue :</u>

Reduce the variable costs per unit
Reduce fixed overheads

7 0

2 years ago

What recent StuffDot actions have added to its user-friendliness

8090 [49]

Answer:

In simple words, The stuffdot recently undergone several measures to render it app friendlier. Both systems, whether browsers or Android or iOs, have the same functionality introduced through stuffdot. The app will now utilise stuffdot wherever, every time.

We also now introduced additional categories of apps such as store page, browse stores, and offers on dotting as well as incentive status that are categorised into lifelong, uncollected, and existing incentives. Thus all these additional versions made this same stuffdot user-friendlier.

5 0

3 years ago

Ajax is reviewing its previous 100% acquisition of Baxter to determine if there is goodwill impairment. At December 31, 2020 Aja

Sedaia [141]

Answer:

Baxter

The amount of the Goodwill write-off required to be booked by Ajax at December 31, 2020 under the FASB rules effective in 2020 is:

= $130,000.

Explanation:

a) Data and Calculations:

Recorded Goodwill = $330,000

Book value of net assets = $400,000

Book value of all assets = $730,000 ($400,000 + $330,000)

Estimated fair value of company = $600,000

Goodwill impairment = $130,000 ($730,000 - $600,000)

b) The Goodwill impairment of $130,000 arose when the book value or the carrying amount exceeded the estimated fair value.

7 0

2 years ago

You are to interview an entrepreneur, then summarize the interview questions. This assignment is worth 4 grades.

Trava [24]

Explanation:

An informational interview is a wonderful way to network and a fantastic way to learn more about a career in which you are interested in possibly pursuing. And these types of interviews don't just provide solid information to those interested in corporate careers.

If what you are interested in most is starting your own business rather than working for someone else, an informational interviews is a way to find out what it takes to be a successful entrepreneur and learn more about what running your own business entails. These types of conversations can also help you make a well-informed decision about whether running your own business fits into your vision for your life and career.

4 0

2 years ago

The straight-line depreciation method and the double-declining-balance depreciation method: Multiple Choice Are acceptable for t

fiasKO [112]

Answer:

The straight-line depreciation method and the double-declining-balance depreciation method:

Produce the same total depreciation over an asset's useful life.

Explanation:

The straight-line and the double-declining-balance depreciation methods are two of the four depreciation methods allowed by US generally accepted accounting principles (GAAP). The other two methods are sum of the years' digit and units of production. The straight-line method is calculated by subtracting the salvage value from the asset's cost and either dividing the depreciable amount by the number of years or applying a fixed rate on the depreciable amount. For the double-declining-balance method, 100% is divided by the number of years of the asset's useful life and then multiplying by 2 to obtain the depreciation rate. Depreciation expense is then calculated on the declining balance until the salvage value is left. This is why they produce the same depreciation over the asset's useful life.

3 0

3 years ago