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Sati [7]
3 years ago
6

Bloom Company management predicts that it will incur fixed costs of $259,000 and earn pretax income of $493,100 in the next peri

od. Its expected contribution margin ratio is 69%.
Required:1. Compute the amount of total dollar sales.2. Compute the amount of total variable costs.
Business
1 answer:
marissa [1.9K]3 years ago
6 0

Answer:

Instructions are below.

Explanation:

Giving the following information:

Fixed costs= $259,000

Pretax income= $493,100

Contribution margin ratio= 0.69

<u>The contribution margin ratio is the percentage of sales remaining after deducting all variable components.</u>

First, we need to calculate the total contribution margin:

Total contribution margin= pretax income + fixed costs

Total contribution margin= 493,100 + 259,000= $752,100

Now, total sales:

Total sales= total contribution margin/contribution margin ratio

Total sales= 752,100/0.69= $1,090,000

Finally, total variable costs:

Total variable costs= total sales - total contribution margin

Total variable costs= 1,090,000 - 752,100= $337,900

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A major reason outsourcing is effective is that a. few firms possess superior capability in all primary and support activities.
luda_lava [24]

Answer: Option A

Explanation: Outsourcing refers to business practice in which the company transfers some of the activities, which were earlier performed by its own employees, to another company or an individual.

This transfer of work is done for mainly two reasons. The first is for cheap labor cost and the second is for the benefit of specialization.

Hence from the above we can conclude that the correct option is A.

7 0
3 years ago
If the MPC is 0.60 and disposable income decreases from $11,000 billion to $10,000 billion, savings will decrease by
marissa [1.9K]

Answer:

the decrease in the savings is $600 billion

Explanation:

The computation of the decrease in the savings is shown below;

The difference in the income is

= $11,000 billion - $10,000 billion

= $1,000 billion

Now the decrease in the savings is

= 0.60 × $1,000 billion

= $600 billion

Hence the decrease in the savings is $600 billion

The same is to be considered and relevant

3 0
2 years ago
The pattern in which a lab scope shows all the cylinders firing in sequence is called the:________
alisha [4.7K]

Answer: parade pattern

Explanation:

To evaluate condition of an ignition system, the primary tool that is typically used is the lab scope or the oscilloscope. While the time is being displayed in an horizontal manner, the voltage is being displayed in a vertical manner.

The pattern The pattern in which a lab scope shows all the cylinders firing in sequence is simply referred to as the parade pattern. It simply shows the amount of voltage that'll be needed to fire the spark plugs.

6 0
2 years ago
A nation has a ___________ in the production of a good if it can produce that good more effectively or efficiently than it can p
Akimi4 [234]

Answer:

Comparative advantage  

Explanation:

Comparative advantage is the point at which a nation creates a decent or administration for a lower opportunity cost than different nations  

For instance : oil-creating countries have a relative favorable position in synthetic substances. Their privately delivered oil gives a modest wellspring of material for the synthetic substances when contrasted with nations without it.  

Similar preferred position, is a financial hypothesis, first created by nineteenth century British business analyst David Ricardo, that ascribed the reason and advantages of worldwide exchange to the distinctions in the relative open door (costs as far as different merchandise surrendered) of delivering similar wares among nations.

7 0
3 years ago
Rusty is a project manager who has 15 employees reporting directly to him. those 15 employees are rusty's ________
RSB [31]
<span>Rusty is a project manager who has 15 employees reporting directly to him. those 15 employees are rusty's </span>unity of command
6 0
3 years ago
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