Answer:
1. $50 and 40%
2. 177 units and $22,125
3. 473 units and 72.77%
Explanation:
Price = $125
Variable cost = $75
Fixed cost =$8,850
Contribution margin is the net of sales price and variable cost of the product. It is the cost available to recover the fixed cost and make profit afterward.
1. Contribution margin = Sales price - Variable cost = $125 - $75 = $50
Contribution margin ratio = Contribution margin / Sale price = $50 / $125 = 40%
Break-even is the level of sales at which business has no profit no loss situation.
2. Break-even point = Fixed cost / Contribution margin per unit = $8,850 / $50 = 177 units
Break-even in $ = 177 units x $125 = $22,125
Margin of safety is the level of sales at which the business is safe from making loss. Margin of safety measures the profit after the break-even point.
3. Margin of Safety = Total sales - Break-even point = 650 units - 177 units = 473 units
Margin of safety to sales = ( Margin of safety / Total sales ) = ( 473 units / 650 units ) x 100 = 72.77%
The answer to this is D. Hope this helped :)
No, this statement is false. Along with the decreasing number of scandals in government, politics, business, education, and religion over the past decade, the need for crisis management has not decreased.
How does a scandal affect a business?
Recent studies actually demonstrate that companies with moral workplace cultures outperform their rivals, particularly in terms of stock price growth. Business ethics scandals can seriously damage a company's reputation, leaving customers and employees with a negative impression of the organization's values.
Is a scandal a crisis?
This essay follows Sims's definition of a crisis as an abrupt, unanticipated incident that hurts the organization. Sims also defines a scandal as a subtype of crisis, which is unethical conduct or an event that elicits indignation and reaction (Kuhn and Ashcraft, 2003; Tucker and Melewar, 2005).
Learn more about scandal effect: brainly.com/question/537287
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The kind of elasticity related is called cross price elasticity of demand which is a <span>measure of how much the quantity demanded of one good responds to a change in the price of another one and this is computed as the percentage change in quantity demanded of the first good divided by the percentage change in the price of the second good. </span>
Answer:
Revenue and all their credit balances are transferred to the income statement and all the expenses and their debit balances are included in the income statement.
Explanation:
Keep it simple. In the income statement comes the savings from the operations of the company which means
Savings (Profit) = Revenue - Expenses
So the revenue credit balances and expenses debit balances must be reported in the income statement.
