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
miskamm [114]
3 years ago
11

a company that produces and sells a single product, has provided its contribution format income statement for March. Sales (5,00

0 units)......... $205,000 Variable expenses......... 125,000 Contribution margin..... 80,000 Fixed expenses......... 62,400 Net operating income...... $17,600 If the company sells 10,000 units, its net operating income should be closest to:
Business
1 answer:
Ne4ueva [31]3 years ago
6 0

Answer:

Net operating income= $97,600

Explanation:

Giving the following information:

Contribution margin= 80,000

Fixed expenses=  62,400

First, we need to calculate the unitary contribution margin:

Unitary contribution margin= 80,000/5,000= $16 per unit

Now, we can calculate the net income for 10,000 units

Total contribution margin= 10,000*16= 160,000

Fixed expense= (62,400)

Net operating income= 97,600

You might be interested in
Lorenzo is self employed with an s corporation. he is unmarried and had a net profit for the tax year. what are the tax ramifica
ziro4ka [17]
<span>Lorenzo would be required to pay all of his premiums regardless since he is self employed. Since he is self employed he should be able to deduct these premiums at the end of the year</span>
7 0
3 years ago
When filing your tax return, what is the maximum amount you can deduct for a capital loss?.
AnnZ [28]

When filing your tax return, the maximum amount you can deduct for a capital loss is $3,000(for individuals and married filing jointly) or $1,500 (for married filing separately).

<h3>What is a tax return?</h3>

A tax return is such or more forms submitted to a taxing body that include earnings, outlays, and other crucial tax data.

Tax returns give taxpayers the option to determine their tax liability, plan out their tax payments, or ask for refunds for any taxes they have paid in excess of what is required.

Some characteristics is of tax returns are-

  • For just an individual or corporation having reportable income, such as wages, interests, dividends, capital appreciation, or other earnings, tax returns must typically be filed annually.
  • The tax return is just a document submitted to a taxing authority that lists earnings, outlays, and other pertinent financial data.
  • Taxpayers compute their tax liabilities, set up tax payments, and request refunds for overpaid taxes on their tax returns.
  • Tax returns must typically be filed yearly.

To know more about tax returns, here

brainly.com/question/27300507

#SPJ4

5 0
1 year ago
Freya plans to invest $3,200 a year for 25 years starting at the end of this year. How much will this investment be worth at the
Dmitry [639]

Answer:

$240,885.11

Explanation:

The formula to be used is = annual payment x annuity factor

Annuity factor = {[(1+r) ^N ] - 1} / r

R = interest rate = 8.2 percent

N = number of years = 25

[(1.082^25) - 1 ] / 0.082 = 75.276598

75.276598 x $3,200 = $240,885.11

I hope my answer helps you

5 0
2 years ago
A problem in developing effective compensation for teams is that: Multiple choice question. rewarding individuals erodes cohesiv
denpristay [2]

A problem in developing effective compensation for teams is that rewarding individuals erodes cohesiveness. Thus the first option is correct.

<h3>What is Cohesiveness?</h3>

Cohesiveness refers to the act or the property of togetherness. in the group , cohesiveness can be seen when the group performs the activity. It is important to have cohesiveness in every group for the accomplishment of the task.

When a individual in a group is provided a compensation it leads to dispute and chaos which erodes the cohesiveness of the group. Thus the first option is correct.

Learn more about Cohesiveness here:

brainly.com/question/13774781

#SPJ1

5 0
2 years ago
Jacques has plans to go to a play and already has a $50 nonrefundable, nonexchangeable, and nontransferable ticket. Now Kyoko, w
77julia77 [94]

Answer:

Explanation:

Rightly ignored a sunk cost since he cannot recover the money back and it really does not have any effect on the decision in the future

3 0
3 years ago
Other questions:
  • Last year, T-bills returned 1.8 percent while your investment in large-company stocks earned an average of 5.8 percent. Which on
    13·1 answer
  • During the current year, Lyle Co. incurred $204,000 of research and development costs in its laboratory to develop a patent that
    9·2 answers
  • Job analysis information should not be collected through:_______.
    11·1 answer
  • Effect of Inventory Errors
    5·1 answer
  • Raw Materials Inventory Begin. Inv. 12,400 Purchases 47,000 Avail. for use 59,400 DM used 50,000 End. Inv. 9,400 Work in Process
    5·1 answer
  • An asset is acquired by signing a note payable. The note does not indicate an interest rate, and the fair value of the asset can
    8·1 answer
  • Please Help!!
    9·1 answer
  • Cullumber Company reported the following information for 2020: Sales revenue $2410000 Cost of goods sold 1751000 Operating expen
    13·1 answer
  • If the European subsidiary of a U.S. firm has net exposed assets of 750,000 Euros, and the euro drops in value from $1.30/euro t
    13·1 answer
  • Determine what type of model best fits the given situation: the value of a classic car is presently $50,000 and is increasing in
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!