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
Kruka [31]
3 years ago
6

Hudson Co. reports the contribution margin income statement for 2015.HUDSON CO.Contribution Margin Income StatementFor Year Ende

d December 31, 2015Sales (9,600 units at $225 each) $ 2,160,000 Variable costs (9,600 units at $180 each) 1,728,000 Contribution margin $ 432,000 Fixed costs 324,000 Pretax income $ 108,000 If the company raises its selling price to $240 per unit.1. Compute Hudson Co.'s contribution margin per unit.2. Compute Hudson Co.'s contribution margin ratio.3. Compute Hudson Co.'s break-even point in units.4. Compute Hudson Co.'s break-even point in sales dollars.
Business
1 answer:
mrs_skeptik [129]3 years ago
4 0

Answer:

1) $45

2) 0.2 or 20%

3) BEP units: 7,200

4) BEP dolars 1,620,000

Explanation:

225 sales revenues - 180 variable cost = 45 margin per unit

contribution margin ratio:

margin per unit / sales revenue per unit

45 / 225 = 0.2

break even:

\frac{Fixed\:Cost}{Contribution \:Margin} = Break\: Even\: Point_{units}

324,000 / 45 = 7,200 units

\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}

342,000 / 0.2 = 1,620,000

You might be interested in
Definetion of inhumane
dem82 [27]
The definition of inhumane is something cruel and unkind
4 0
3 years ago
Read 2 more answers
Jorge has a debt ratio of 37 percent and jose has a ratio of 102 percent. they both have the same takeminus−home pay every month
sasho [114]
<span>Jorge has a debt ratio 37% which means he has more money to spend for the month, Jose has debt ratio of 102% which means he has relatively less money to spend in the current month and their take home pay is same. So their current financial situation is Jorge is currently solvent where as Jose is currently insolvent. So these are the conclusion drawn from their debt ratios.</span>
7 0
3 years ago
Fixed costs can be defined as costs thatGroup of answer choicesvary inversely with production.vary in proportion with production
Sholpan [36]

Answer: are incurred even if nothing is produced.

Explanation:

Fixed costs are referred to as the cost that doesn't vary with the production level. Even if the company doesn't produce anything, the fixed cost will still be incurred.

The fixed cost is different from the variable cost which is the cost that varies along with production. Examples of fixed cost include salaries, rental lease payments, salaries, etc.

8 0
3 years ago
Jeff got a part-time job delivering groceries for $15/hour and grossed $8,200
solniwko [45]

Answer:

Income = $8,200

Less:

Federal tax 10% = -$820

State tax at 5.5% = -$451

FICA at 7.65% = -$627.30

Total deduction = -$1,898.30

Net pay = $6,301.70

4 0
3 years ago
Ok dry-cleaning advertises so effectively that the regular customers of its competitor purity cleaners patronize ok instead of p
Kay [80]

Answer: None of the choices

Explanation:

None of the choices are correct. It is an example of NO TORT. A tort occurs when a claimant suffers harm or loss as a result of the action of another person. An example of a tort is theft. claims what belongs to another person.

In this case, it is a no tort as customers willingly go to Ok dry cleaning. One factor which enhanced the transfer of customers from Purity to Ok dry cleaning is advertisement.

3 0
3 years ago
Read 2 more answers
Other questions:
  • A highly task oriented group that is results driven with high morale is a characteristic of usmc
    7·2 answers
  • The Fans Store, a retail outlet for fans and air conditioners, increased its advertising during the recent unusually hot summer
    9·1 answer
  • A person who pays $4,500 in real estate property taxes and is in the 28 percent tax bracket, would reduce the amount paid for fe
    5·1 answer
  • To maximize utility a consumer should allocate money income between goods and services consumed so that the:
    10·1 answer
  • During the year, a $1,000,000 lawsuit was filed against a U.S. company for unsafe working conditions. Management and the attorne
    12·1 answer
  • Annenbaum Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the
    14·1 answer
  • Lashondra is the owner/operator of an interior design firm. Last year she earned $400,000 in total revenue. Her explicit costs w
    5·1 answer
  • Assume that you finance a new car when you graduate. It will cost $120,000 and you will finance it with a 84 month contract havi
    11·1 answer
  • which trade sanction (embargo or subsidy) would be more effective in protecting domestic jobs? EXPLAIN WHY!!!
    9·1 answer
  • Firms will generally make-to-order when
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!