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
Elodia [21]
3 years ago
7

Use the contribution margin ratio to project operating income​ (or loss) if revenues are $ 520.000 and if they are $ 1.040.000.

​First, select the labels to calculate projected operating income.​ Then, calculate projected income​ (or loss) if revenues are $ 520.000. ​Finally, calculate projected income​ (or loss) if revenues are $ 1.040.000. ​(Enter the contribution margin ratio as a whole percent. Enter losses with a minus sign or​ parentheses.)
Business
1 answer:
Kay [80]3 years ago
5 0

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Use the contribution margin ratio to project operating income​ (or loss) if revenues are $ 520.000 and if they are $ 1.040.000. ​

<u>We weren't provided with the contribution margin ratio. But, I will give the contribution margin formula and an example to guide an answer.</u>

<u />

Contribution margin ratio= (selling price - unitary varaible cost)/ selling price

<u>For example:</u>

Contribution margin ratio= 0.35

Operating income= sales*contribution margin ratio

Operating income= 520,000*0.35= $182,000

Operating income= 1,040,000*0.35= $364,000

You might be interested in
On September 11, 2016, Home Store sells a mower for $450 with a one-year warranty that covers parts. Warranty expense is estimat
xeze [42]

Answer:

Date      Accounts Titles and Explanations     Debit        Credit  

Sept, 11           Cash                                             $450  

2016         Sales                                                               $450  

                (To record the Cash Sales)

Sept, 11        Warranty Expenses                         $40.50  

2016              ($450 x 9%)

                  Estimated Warranty Payable                   $40.50  

                 (To record the Warranty Expenses)    

July, 24       Estimated Warranty Payable             $32

2017             Repairs Parts Inventory                                       $32

             (To record the material taken from Inventory)

6 0
3 years ago
A company sold PP&amp;E for $200 cash. Prior to the sale, the net book value of the PP&amp;E on the financial statements was $24
madam [21]

Answer:

The operating cash flow in this transaction is zero

Explanation:

Please see attachment.

6 0
3 years ago
The Occupational Safety and Health Act (OSHA) mandated that first-aid kits be available in business establishments employing mor
Galina-37 [17]

Answer:

The correct answer is D

Explanation:

OSHA stands for Occupational Safety and Health Act, which is passed in order to encourage the safer workplace conditions in the U.S. They set the standards as well as perform the inspections at the job sites.

OSHA made mandatary the first aid kits to be available in the business who are employing more than 3 years people. So, this newly formed company was successful in developing the kits, this is example of the government regulations as a source for the ideas of the new products.

3 0
3 years ago
How many times can you watch brainly ads until it blocks you out for the day
Zolol [24]

Answer:

like 5

Explanation:

i think

6 0
3 years ago
Doon Company incurred the following costs while producing 610 ​units: direct​ materials, $ 7 per​ unit; direct​ labor, $ 26 per​
aleksklad [387]

Answer:

B. $ 51 per unit

Explanation:

The computation of the unit product cost using variable​ costing is shown below:

= Direct material per unit + direct labor per unit + variable manufacturing​ overhead per unit

= $7 units + $26 + $18

= $51 per unit

It recognizes only variable cost like - direct material, direct labor, and variable manufacturing cost. Hence, all other information is ignored

3 0
3 years ago
Other questions:
  • The following information is available for Bandera Manufacturing Company for the month ending January 31:
    14·1 answer
  • A registered representative wishes to give a speech to a group of 35 potential retail clients at a restaurant. The speech is scr
    10·1 answer
  • How to calculate marginal tax rate effective tax rate and average ​
    15·1 answer
  • To enable remarketing in Google Analytics, what must first be enabled? A) Advertising Reporting Features B) Demographics and Int
    14·1 answer
  • A product enters the maturity phase of the life cycle, during which sales are strong but growth is slowing. What product managem
    8·1 answer
  • What is a parent company of philip morris?
    13·1 answer
  • On June 25, Ritts Roofing extended an offer of $250,000 for land that had been priced for sale at $300,000. On July 9, Ritts acc
    10·1 answer
  • The First Bank of the United States had characteristics that differ from those of the modern central bank of the United States.
    10·1 answer
  • If you fire Julio from his job after making one mistake but did not fire John for making the same mistake several times, you hav
    15·1 answer
  • What is accounting ?​
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!