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
kvasek [131]
3 years ago
14

TB MC Qu. 7-77 Corbel Corporation has two divisions: Division A and ... Corbel Corporation has two divisions: Division A and Div

ision B. Last month, the company reported a contribution margin of $47,700 for Division A. Division B had a contribution margin ratio of 35% and its sales were $231,000. Net operating income for the company was $27,200 and traceable fixed expenses were $59,700. Corbel Corporation's common fixed expenses were:
Business
1 answer:
irina1246 [14]3 years ago
3 0

Answer:

Corbel Corporation's common fixed cost  is $41,650

Explanation:

Division A contribution margin       $47,700

Division B contribution Margin       <u>$80,850</u>           $128,550

($231,000 * 35%)

Less: Traceable fixed cost              $59,700

Operating Income                           <u>$27,200</u>           <u>($86,900)</u>

Common fixed cost                                                   <u>$41,650</u>

You might be interested in
Swifty Corporation reported net income of $203000 for the year. During the year, accounts receivable increased by $15000, accoun
frosja888 [35]

Answer:

la respuesta es la a espero te ayude

7 0
2 years ago
 Before setting your prices, it's wise to 
natulia [17]

Answer:

<em>Before setting your prices, it's wise to research industry standards- B.</em>

5 0
3 years ago
The following information relates to the manufacturing operations of the Abbra Publishing Company for the year: Beginning Ending
aleksandr82 [10.1K]

Raw materials purchased during the year amount to: $1,081,000

<u>Giving the following information:</u>

Beginning Ending Raw materials inventory$547,000 $610,000

The raw materials used in manufacturing during the year totaled $1,018,000

<u>To calculate the direct material purchased, we need to use the following formula:</u>

Beginning Raw Materials + Purchases – Ending Raw Materials = Raw Materials Used

$547,000 + Purchases – $610,000 = $1,018,000;

Purchases = $1,018,000 + $610,000 – $547,000 = $1,081,000

<h3>What is the Cost of Raw Materials Purchased?</h3>

Purchases of raw materials, consumables and services are purchases of all commodities used as inputs in the production process and of services related to the supply of factors of production, such as renting property or equipment, leasing, temporary staff, and, in general, all outside services purchased for own use.

The cost of raw materials purchased can therefore be calculated as follows: Raw Materials Purchased = (Ending Inventory – Beginning Inventory) + Cost of Goods Sold. A direct material purchases budget determines the quantity of material purchased within a production period.

Your question is incomplete, but most probably your full question was:

The following information relates to the manufacturing operations of the Abbra Publishing Company for the year:

Beginning Ending Raw materials inventory $547,000 $610,000.The raw materials used in manufacturing during the year totaled $1,018,000. Raw materials purchased during the year amount to:

A. $955,000.

B. $892,000.

C. $1,565,000.

D. $408,000.

E. $1,081,000.

Learn more about Cost of Raw Materials Purchased on:

brainly.com/question/24258358

#SPJ4

7 0
1 year ago
You own 10,000 shares of Microsoft stock. A good way to hedge the risk involved in owning this stock would be to buy some call o
natka813 [3]

Answer: False

Explanation:

If you want to hedge the risk of owning the stock then that would mean that you want to take measures to ensure that you don't lose out if prices fall.

A call option is not the way to do this because call options are bought with the expectations that prices will go up. If you buy call options then and the prices fall, you would make a loss on both the call options and the stock that you own.

A good way to hedge this would be to take Put options on the stock. Put options help you benefit if prices fall because you would be allowed to sell at a certain price unaffected by the fall in prices.

7 0
3 years ago
___ comes from increases in the money supply.
vagabundo [1.1K]

Answer:

Consumer Price Index (CPI)

Explanation:

1- By definition CPI is the weighted average of a consumer's basket volume for any purchase service or good. When money supply increases, GDP increases, and the spending of a customer increases. Hence resulted in increased CPI.

2- Interest rate decreases when money supply increases

3- Inflation is by definition a steady increase in the money supply if a country. So one can be replaced by another. Inflation does not come from money supply increase, it is in fact money supply increase

8 0
2 years ago
Read 2 more answers
Other questions:
  • Concord Corporation planned to use 1 yard of plastic per unit budgeted at $91 a yard. However, the plastic actually cost $90 per
    10·1 answer
  • You are considering two home security companies for your new house. The first company offers free installation and equipment, bu
    5·1 answer
  • Optimizing economic agents use the real interest rate when thinking about the economic costs and returns of a loan. Suppose the
    5·1 answer
  • Producers must understand the marginal benefit of making an additional unit. True or False
    15·2 answers
  • Which is an example of an automatic stabilizer? As real GDP decreases, income tax revenues: 
A. Increase and transfer payments d
    15·1 answer
  • A __________ card is issued by a credit union or bank and allows the user to purchase goods and services by electronically deduc
    14·1 answer
  • Cuáles son los procesos que le dan formación  los relieves? Explicar cada uno y dar dos ejemplos​
    7·1 answer
  • What is the expected constant-growth rate of dividends for a stock currently priced at $50, that just paid a dividend of $4, and
    7·1 answer
  • Total cost of purchasing a vehicle
    8·1 answer
  • 2. An A firm has sales of $10 million, variable costs of $4 million, fixed expenses of $1.5 million, interest costs of $2 millio
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!