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
Lunna [17]
3 years ago
7

Schister Systems uses the following data in its Cost-Volume-Profit analyses: Total Sales $ 350,000 Variable expenses 210,000 Con

tribution margin 140,000 Fixed expenses 110,000 Net operating income $ 30,000 What is total contribution margin if sales volume increases by 20%?
Business
1 answer:
Vedmedyk [2.9K]3 years ago
3 0

Answer:

What is total contribution margin = $168,000.00

Explanation:

<em>The contribution margin is the excess of the sales value over the variable cost of sales .</em>

<em>Contribution per unit = selling price  - variable cost between </em>

<em>Contribution margin (%) = contribution / sales × 100</em>

For Schister Systems

Increase in sales by 20% will give sales revenue worth

= 120% ×  350,000

=  420,000.00

Contribution margin (%)

= (350,000-210,000)/ 350,000   × 100

= 40%

Total contribution = 40% ×420,000.00

                             =  $168,000.00

What is total contribution margin = $168,000.00

You might be interested in
Perhaps the greatest risk for a company that chooses to pursue an integrated low cost/differentiation strategy is that it will
Amiraneli [1.4K]

The greatest risk of a low-cost provider strategy is getting lost with overly high price reduction and ending up with lower profit.

<h3>Low-cost / low-price advantage </h3>

It results in high profit only if;

  • (1) prices are reduced by less than the size of the cost advantage or
  • (2) the added volume is large enough to bring in a bigger total profit despite lower margins per unit sold.

Therefore, the greatest risk is a low profit.

learn more on low cost strategy from here: brainly.com/question/5516605

6 0
2 years ago
True or false: Under the specific charge-off method, a deduction for a bad debt is taken when the debt is determined to be worth
larisa [96]
<span>it is true that under the specific charge-off method, a deduction for a bad debt is taken when the debt is determined to be worthless. </span>
5 0
3 years ago
The XYZ Fund had NAV per share of $17.50 on January 1, 2016. On December 31 of the same year, the fund's NAV was $19.47. Income
STatiana [176]

Answer:

21.26%

Explanation:

Calculation for the Rate of return that the

investor receive on the XYZ Fund last year

Using this formula

Rate of return =Current value - original value +Income distributions+ Capital gain distributions) / original value) x 100

Where,

Current value =$19.47

Original value =$17.50

Income distributions=$0.75

Capital gain distributions=$1.00

Let plug in the formula

Rate of return($19.47 - $17.50 + $0.75 + $1.00)/$17.50

Rate of return =($1.97+0.75+$1.00)/$17.50

Rate of return=$3.72/$17.50

Rate of return =0.2126*100

Rate of return =21.26%

Therefore the rate of return that did investor receive on the XYZ Fund last year will be 21.26%

8 0
3 years ago
A tile manufacturer has supplied the following data: Boxes of tiles produced and sold 520,000 Sales revenue $ 2,132,000 Variable
svetoff [14.1K]

Answer:

unitary contribution margin= $2.52

Explanation:

<u>First, we need to calculate the total variable cost:</u>

Total variable cost= Variable manufacturing expense + Variable selling and administrative expense

Total variable cost= 560,000 + 260,000

Total variable cost= $820,000

<u>Now, the unitary variable cost and the selling price:</u>

unitary variable cost= 820,000 / 520,000= $1.58

Selling price= 2,132,000 / 520,000= $4.1

<u>Finally, the unitary contribution margin:</u>

unitary contribution margin= selling price - unitary variable cost

unitary contribution margin= 4.1 - 1.58

unitary contribution margin= $2.52

7 0
2 years ago
The United States, making up less than 5 percent of the world's population, uses more than ___ of the world's commercial energy
erastovalidia [21]

Despite that the country takes less than 5% of world population, it accounts for more than <u>two-third</u> of the world's commercial energy production.

The use of commercial energy production in this context entails use of resources like electricity, coal, advanced petroleum products, nuclear materials etc

These resources are in massive use in United States for generation of electricity, agricultural, transportation, commercial development etc

Therefore, the answer is that United States uses more than <u>two-third</u> (2/3) of the world's commercial energy production.

Read more about this here

<em>brainly.com/question/2438721</em>

5 0
3 years ago
Other questions:
  • A television commercial advertises that a certain type of battery will last, on the average, 20 hours longer than twice the life
    9·1 answer
  • "in a small european​ country, it is estimated that changing the level of capital from​ $8 million to​ $10 million will increase
    13·1 answer
  • Using the allocation method, if the ratio of land value to building value is one to three and an improved property is valued at
    5·1 answer
  • The table below describes the total and marginal benefit elvis gets from fried peanut butter and banana sandwiches. elvis' fried
    7·1 answer
  • The difference between a job shadow and an internship is what?
    11·2 answers
  • Coy, Inc. initially issued 200,000 shares of $1 par stock for $1,000,000 in 2016. In 2017, the company repurchased 20,000 shares
    14·1 answer
  • Prezas Company's balance sheet showed total current assets of $2,500, all of which were required in operations. Its current liab
    5·1 answer
  • DSO and accounts receivable Ingraham Inc. currently has $205,000 in accounts receivable, and its days sales outstanding is 71 da
    7·1 answer
  • On March 15, 20X7, Barrel Company paid property taxes of $120,000 on its factory building for calendar year 20X7. On July 1, 20X
    8·1 answer
  • As a functional area of business, _____ measures, summarizes, and communicates financial and managerial information and advises
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!