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Ivan
2 years ago
11

Contribution margin is a. the excess of sales revenue over variable cost b. another term for volume in cost-volume-profit analys

is c. the same as sales revenue d. profit
Business
1 answer:
Viktor [21]2 years ago
5 0

Answer:

a. the excess of sales revenue over variable cost

Explanation:

The contribution margin shows a difference between the sales revenue and the variable cost

And, the same formula is applied for calculating the contribution margin per unit

i.e

Contribution margin per unit = Selling price per unit - Variable expense per unit

In mathematically,

Contribution margin = Sales revenue - variable cost

Therefore, the correct answer is a.

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The front matter of a formal report refers to the preliminary sections before the body section. True False
Agata [3.3K]

Answer:

TRUE

Explanation:

Front matters are pages of a report that preceeds the first text. It is the first section of a book or report and it's usually the shortest.

It is also known as PRELIMINARY MATTERS or for short PRELIMS.

It comes in different forms. It can be as simple and short as just maybe a single title page or it can include multiple titles pages, abstract, preface amongst others.

3 0
3 years ago
Lopez Corporation incurred the following costs while manufacturing its product Materials used in product Depreciation on plant P
kirill [66]

Answer:

The missing data of this question is reproduced as follows;

Materials Used           128,900

Depreciation on plant 63,400

Property taxes on store  8,280

Labor cost of assembly workers 114,800

Factory supplies used           32,100

Advertising expense          55,800

Property taxes on plant          23,100

Delivery expense                 24,800

Sales commission                    43,600

Salaries paid to sales clerk;     60,400

Explanation:

Cost of Goods Manufactured  

Materials Used           128,900

Depreciation on plant 63,400

Property taxes on plant   23,100

Labor cost of assembly workers 114,800

Factory supplies used           32,100

WIP Beginning                        14,200

Less;WIP closing                     (16,900)

Cost of Goods Manufactured 359,600

Cost of Goods Sold

Opening Finished Goods   63,300

Cost of goods manufactured  359,600

Less; Closing Fininsed goods  (48,200)

Cost of Goods Sold                 374,700

5 0
3 years ago
Write down the factors on which supply flexibility is based.
Fed [463]

Now the supply chain flexibility is based make to order strategy, low volumes, low switching costs and low stocks.

3 0
2 years ago
a retailer acquires merchandise for resale. how would this be recorded in a perpetual inventory system?
ella [17]
Debited to the inventory account.


Hope this helps!
5 0
2 years ago
Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a contribution margin of $46,4
diamong [38]

Answer:

$5300

Explanation:

Contribution margin for Division B = Sales * Contribution margin ratio

= $243,000 * 20%

= $46,800

Total contribution margin = Division A + Division B

= $46,400 + $46,800

= $93,200

Contribution margin $93,200

Less : Traceable fixed expenses $51,100

Less : Common fixed expenses (plug) $5300

Net operating income $33,800

5 0
3 years ago
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