Answer:
A.
Explanation:
The Contribution Margin Ratio is the ratio of contribution margin to sales revenue.
Contribution Margin Ratio = contribution margin / sales revenue
Contribution Margin = sales price - variable cost
If the sale price is increasing, and the variable cost remains the same, the contribution margin is going to increase.
Break even point shows the amount of sales volume where the total cost is equal to the company´s full income. The point where total costs are equal total revenue is known as the break even point.
If sales increase, and the costs remains the same, the break even point is going to decrease.
Answer:
Organisational control refers to the systematic process of regulating a company's activities to make them consistent with the expectations established in plans, targets, and standards of performance
Explanation:
Organisational control involves the process of influencing the members of an organisation to work in line with the achievement of the objectives of the organisation. organisational control when properly designed is capable of improving the organisation's performance because it will allow the organisation to effectively execute its strategies.
Organisation control involves setting standards, measuring performance and ensuring that performance conforms with standards and if need be make corrections.
On a linear demand curve, if the price is low and the quantity demanded is high, demand is Inelastic in that region and a price increase will cause an increase in total revenue
Revenue in accounting refers to the entire amount of money made through the sale of products and services that are essential to the company's core operations. [1] The term "commercial revenue" can also refer to sales or turnover. Some businesses make money from royalties, interest, or other fees. [2] The term "revenue" can mean income in general or the total amount of money earned over a certain time period, as in "Last year, Company X had revenue of $42 million." The general definition of profits or net income is total revenue less total expenses for a specific time period. Revenue is a component of the Equity section of the balance sheet in accounting, and revenue raises equity.
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