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
fenix001 [56]
3 years ago
11

Cross Creek Clinic has revenue totaling $200,000. The clinic has costs totaling $100,000. Of this amount, 60% is variable cost a

nd 40% is fixed cost. What is the clinic’s contribution margin, expressed in dollars?
Business
1 answer:
krek1111 [17]3 years ago
7 0

Answer:

Contribution Margin= $140,000

Explanation:

Giving the following information:

Cross Creek Clinic has revenue totaling $200,000. The clinic has costs totaling $100,000. Of this amount, 60% is a variable cost and 40% is fixed cost.

To calculate the contribution margin we need to use the following formula:

Contribution margin= total sales - total variable cost

CM= 200,000 - (100,000*0.6)= $140,000

You might be interested in
Name two criminal justice careers that require a similar skillset and explain how this skillset aids in job performance.
kenny6666 [7]
Two criminal justice careers with the same skillset would be corrections officer & police officer. The similar skillset I see being useful in job performance would be verbal communication skills to question, talk, listen to people they serve. The second skillset would be physical stamina to walk, bend, carry extra gear, drive long distances.
These are just two examples. There are others you might identify as being important too.
5 0
3 years ago
Tips are considered _____.<br> dividends<br> taxable income<br> gains<br> a bonus
adoni [48]
Tips are considered <u>taxable income.
</u>Although they are a bonus that you get from your customers, on top of your paycheck, you still have to pay a tax on your tips given that in America, tips are considered to be a type of income. You'd get a dividend from a company, not from customers. Gain is just another word for profit. <u>
</u>
3 0
3 years ago
Read 2 more answers
Max worked 48 hours last week. What is his gross pay for the week if his regular hourly pay is 13.50
Illusion [34]
The correct answer is $648
6 0
3 years ago
Jaycee Auto Repair has the following budgeted costs for the next year: Time Charges Material Charges Shop employees’ wages and b
liraira [26]

Answer:

Explanation:

Total cost of repairs:

Material = 3,500

Material loading charge = 3,500 * 65% = 2,275

Labor (45hrs* $47per hr) = 2,115

Thus, total cost =(3500 + 2275 + 2115) = $7,890

4 0
3 years ago
Chase believes that most of his subordinates dislike work and would avoid it if possible. He also believes that his employees ha
Mice21 [21]

Answer: Option B

                               

Explanation: In simple words, theory X refers to the type of management style under which the manager have a perception that his or her subordinates are incompetent employees with less motivation  and irresponsible nature.

These managers strictly monitors their subordinates and use aggressive style of management to get work done. Under such management style the delegation of authority and decentralization does not takes place.

Generally, the relationship of such managers with their subordinates are very formal and remains occupied within the firm. Under such management style all the employees have to work by following a predetermined framework and there is very less flexibility in the job.

5 0
3 years ago
Other questions:
  • Which of these states one of the opportunity costs of attending college?
    13·1 answer
  • If you are required to show proof of financial responsibility for the future, for how many years must the proof be kept?
    14·1 answer
  • What is axiom of power
    8·1 answer
  • 4. Select an industry and consider how the industry life cycle has affected business strategy for the firms in that industry ove
    15·1 answer
  • Lucy works in an office that has nonterritorial workspaces. this is new to her, and she would like to display good open office e
    7·1 answer
  • A ________ is an individual or organization who seeks out opportunities to improve society by using practical, innovative, and s
    6·1 answer
  • Oftentimes, the socially optimal quantity for a product that imposes external costs on the society is not zero, but something gr
    6·1 answer
  • Data from Fontecchio Corporation's most recent balance sheet appear below:
    6·1 answer
  • D'Unique Enterprise, a company that manufactures hair growth oil is preparing for its upcoming financial year (2021). D’Unique'
    5·1 answer
  • What is the difference in accounting treatment of unrealized gains and losses across these three categories of investments
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!