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
Bad White [126]
3 years ago
7

Mossfeet Shoe Corporation is a single product firm. The company is predicting that a price increase next year will not cause uni

t sales to decrease. What effect would this price increase have on the following items for next year? Contribution Margin Ratio Break-even Point
A) Increase Decrease
B) Decrease Decrease
C) Increase No effect
D) Decrease No effect
a. Choice A
b. Choice B
c. Choice C
d. Choice D
Business
1 answer:
FinnZ [79.3K]3 years ago
7 0

Answer:

A.

Explanation:

The Contribution Margin Ratio is the ratio of contribution margin to sales revenue.

Contribution Margin Ratio = contribution margin / sales revenue

Contribution Margin = sales price - variable cost

If the sale price is increasing, and the variable cost remains the same, the contribution margin is going to increase.

Break even point shows the amount of sales volume where the total cost is equal to the company´s full income. The point where total costs are equal total revenue is known as the break even point.

If sales increase, and the costs remains the same, the break even point is going to decrease.

You might be interested in
Read the following situation and decide whether or not anyone in the situation commits sexual harassment. Justify your judgement
Vikki [24]

Answer:

Hector does not commit sexual harassment against Kylie when he asks her out. It is a one time event, and he does not push the issue. Kylie does not commit sexual harassment when she refuses Hector's proposal for a date. She does not demean him. Kylie does commit sexual harassment when she brings the incident up in the workplace. She speaks disparagingly of Hector's sexuality and it gets back to him. He can bring a sexual harassment claim against Kylie through his company.

Explanation:

on e2020

4 0
3 years ago
Read 2 more answers
Productive resources are _____.
igomit [66]

factors that are used to make goods and services letter a

7 0
3 years ago
Read 2 more answers
True or false: enterprise operations systems work in conjunction with the firm's erp system to provide specific functionality to
DanielleElmas [232]

The main answer is True.

The statement is correct, enterprise operations systems work in conjunction with the firm's ERP system to provide specific functionality to support supply chain operations.

<h3>Explanation:</h3>
  • ERP system to provide specific functionality to support supply chain operations.
  • Supply chain management has been an integral part of ERP solutions adopted by several enterprises.
  • Manufacturers need to interact with various suppliers and partners to obtain the raw materials and resources at the right time and at the right amount to bring finished goods to market.
  • Businesses are actively focusing on several supply chain strategies to boost plant productivity, enhance product quality, and cut down on manufacturing costs.
  • As the operations become more extensive and globalized, the integration of SCM becomes all the more important.
  • ERP solutions can support multiple modes, such as make-to-order, engineer-to-order, and configure-to-order, and provide operations support across multiple sites in real time.
  • ERP solution streamlines the path their products go through from supplier to warehouse and finally to store for the customer.
  • As a result, businesses can avoid supply chain disruption.

This theory explains how ERP systems provide support to the supply chain.

So the given statement is True

To learn more about  Enterprise operations, refer

to brainly.com/question/25922327

#SPJ4

5 0
2 years ago
6.
romanna [79]

Answer:

This may help you to solve it

3 0
2 years ago
A company sold merchandise with a cost of​ $217 for​ $390 on account. The seller uses the perpetual inventory system. The entry
Elden [556K]

Answer:a debit to Cost of Goods Sold and a credit to Merchandise Inventory for​ $217

( The answer Is not in the options given)

Explanation:

The Perpetual inventory is a method of accounting for inventory  which immediately records when an inventory is sold or purchased using the available point-of-sale software systems of the particular business.

In that regard , the entry to record  cost of merchandise sold

Account titles                                              Debit         Credit

Cost of goods (Merchandise sold)             $217

Merchandise Inventory                                                    $217

7 0
2 years ago
Other questions:
  • One year ago Lerner and Luckmann Co. issued 15-year, noncallable, 7.5% annual coupon bonds at their par value of $1,000. Today,
    8·1 answer
  • Consumer tastes or preferences would be most likely to have an effect on
    7·2 answers
  • if you deposit a check into your account and the teller tells you it is on hold for five days, can you still spend that money to
    12·2 answers
  • What are the factors that a business must consider in choosing a method of transporting goods?
    8·1 answer
  • Which of the following demonstrates the law of supply?a) When leather became more expensive, belt producers decreased their supp
    13·1 answer
  • __________ are a family's expenses that occur regularly and must be paid. a. compromises b. budgets c. allowances d. fixed expen
    9·1 answer
  • Pandora pioneered a new way to broadcast music. This kind of breakthrough of creating ________ ways to solve old problems or mee
    9·1 answer
  • If there was no beginning retained earnings, net income of $30,300, and ending retained earnings of $8,000, how much were divide
    15·1 answer
  • Court Casuals has the following beginning balances in its stockholders' equity accounts on January 1, 2021: Common Stock, $110,0
    8·1 answer
  • You purchase $300 worth of the same stock every quarter for one year at prices per share of $15, $12, $10, and $20, respectively
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!