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
raketka [301]
3 years ago
9

In the month of March, Ivanhoe Salon services 550 clients at an average price of $150. During the month, fixed costs were $26,88

0 and variable costs were 60% of sales. (a) Determine the total contribution margin in dollars, the per unit contribution margin, and the contribution margin ratio. Contribution margin in dollars $ 60 Contribution margin per unit $ 180 Contribution margin ratio %
Business
1 answer:
GrogVix [38]3 years ago
5 0

Answer:

Explanation:

Variable cost = 60% x $150 = $90

a) Total contribution margin in dollars = ($150 - $90) x 550 = $33,000

b) Unit contribution margin = 150 - 90 = $60

c) Contribution margin ratio = 60/150 = 40%

You might be interested in
Which type of unethical activity is sometimes caused by channel management?
Svetlanka [38]
<span>Channel management is defined as the type of management that is used in a situation where a company develops various marketing techniques and strategies in order to reach the widest possible customer base. The channels are the means used to market the product. Unethical activity usually caused by channel management is UNFAIR DISCRIMINATION. </span>
5 0
3 years ago
Read 2 more answers
Changing the speed and tone of your depending on the type of example you are giving can affect how listeners respond to your spe
steposvetlana [31]

Answer: voice

Explanation:

3 0
2 years ago
Addison Co. budgets production of 2,790 units during the second quarter. Other information is as follows: Direct labor Each fini
Doss [256]

Answer and Explanation:

1. The preparation of direct labor budget is given below:-

Direct labor budget

Units to be produced              2,790

Hours required per unit          5

Total labor hours needed 13,950

(2,790 × 5)

Labor rate per hour                $10

Direct labor budget               $139,500

(13,950 × $10)

2. The preparation of factory overhead budget is given below:-

Total labor hours needed                 13,950

Variable overhead rate per hour       $12

Budgeted variable overheads           $167,400

(13,950 × $12)

Budgeted Fixed overheads              $580,000

Budgeted total overheads                $747,400

8 0
3 years ago
Angie Silva has recently opened The Sandal Shop, a store that specializes in fashionable sandals in Brisbane, Australia. Angie h
Elza [17]

Incremental contribution margin:

$25,000 increased sales x 60% CM ratio           $15,000

                                                                             

Incremental fixed salary cost                                8,000

Increased net income                                            $7,000.

yes, the position should be converted.

In economics, the margin is profit after deducting expenses, expressed as a percentage. In investing, the margin is the deposit an investor leaves with a broker when borrowing money to buy a security.

The portion of a page or sheet outside the body of a printed product or document. 2: The outer boundary and adjoining surface of something: a ridge at the edge of the continental margin of a forest. 3: Any amount or measure or degree of substitution permitted or granted due to unforeseen circumstances or special circumstances was not subject to error.

Learn more about margin at

brainly.com/question/10218300

#SPJ4

6 0
2 years ago
Indicate how each of the following transactions affects U.S. exports, imports, and net exports.
Oxana [17]

Answer:

 export               import                net export  

1. increases         unchanged         increases

2. unchanged       increases             decreases

3.  unchanged       increases             decreases

4. unchanged       increases             decreases

5. increases         unchanged         increases

Explanation:

export would comprise of goods and services produced in the US that are been sold to foreign countries

Import would comprise of foreign produced goods and services that are been sold in the US

Net export would increase when export occurs and decrease when import occurs

Net export = exports – imports

When the French historian visits the US museum and the European family visits Disney,  they are enjoying US services, thus export increases and net export increases

The purchase of books from Cambridge in UK, Panasonic camera and the visit to Japan constitutes import. These increases import and reduces net export

7 0
3 years ago
Other questions:
  • Snowboards Inc. refuses to sell its products to Timber Winter Sports Stores, Inc., a retail snowboard dealership. This violates
    9·1 answer
  • The probability of survival for an international business increases if it: Group of answer choices A. enters a national market a
    15·1 answer
  • Which best describes an investor’s primary goal?
    11·2 answers
  • Country A had a population of 2,000, of whom 1,300 worked an average of 8 hours a day and had a productivity of 5. Country B had
    11·1 answer
  • How does voluntary exchange promote economic progress? Explain three separate reasons.
    9·1 answer
  • A frim must choose its ______ carefully; if its picks too narrow a set it may fail to reach the volume of sales it needs but if
    8·1 answer
  • A company that wants to market winter gear to citizens of Alaska should be aware that there are 24 words used in the state to de
    13·2 answers
  • Who in t.f would let biden win
    10·2 answers
  • 4. Why is China's entry into the WTO important for multinational companies like PepsiCo?
    9·1 answer
  • Cascade Company was started on January 1, Year 1, when it acquired $151,000 cash from the owners. During Year 1, the company ear
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!