Answer:
Sandy Shores Corporation
J's Segment Contribution Margin is:
= $700,000.
Explanation:
a) Data and Calculations:
Sales revenue $1,300,000
Variable operating expenses 600,000
Contribution $700,000
Fixed expenses:
Traceable to J and controllable by J 275,000
Traceable to J and controllable by others 80,000
Total fixed expenses 355,000
Net operating income $345,000
b) The contribution margin is the difference between total sales revenue and the variable costs. The idea of segment contribution margin is that it covers the fixed expenses, whether controllable by the segment or not.
Answer:
a) 46.7, 80 b) 20, 60 c) yes
Explanation:
a) % utilization= utilization/design capacity × 100
= 7/15 × 100
= 46.7%
% efficiency= efficiency/design capacity × 100
= 12/15 × 100
=80%
b) Utilization= 2/10 × 100 = 20%
Efficiency= 6/10 × 100= 60%
c) A system with higher efficiency ratios will always have higher utilization as these systems will have lesses number of failures
The value of used textbooks sold through an online auction in 2006 is the gross domestic product for that year.
<h3 /><h3>Which of the following variables is used when computing GDP?</h3>
The calculation of a country's GDP takes into account both total private and public consumption, government spending, investments, increases in private inventories, paid-in building expenses, and the international balance of trade. (Imports are deducted from the total, while exports are added.)
<h3>What are the gross domestic product's four components?</h3>
The four primary parts of the gross domestic product are government spending, corporate investment, personal consumption, and net exports. 1 That tells what a country is best at producing. GDP is a measure of a country's annual total economic production.
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Answer:
An economy could get stuck in a recessionary gap
Explanation:
Keynes believed that wages may be inflexible in the downward direction and which would consequently cause an economy to get stuck in the recessionary gap. The recessionary gap happens when a country's real GDP is lower than it's gross domestic product at a state of full employment. It shows the difference between the actual and potential production in an economy. But with the actual being smaller or lower than the potential production.
Answer:
(B) Statistic
Explanation:
A statistic is defined as a metric derived from (or that describes) a sample. As such, given a certain population (in the case of the question, <em>the population is the total number of new engines developed by the company</em>), a sample can be selected from the population (<em>the sample in the question is the 100 engines that are randomly selected</em>).
Any characteristic that describes the population is known as a parameter, whereas a characteristic that defines the sample is a statistic. In the question given, the average lifetime of 11 years was derived from the sample of 100 engines as is thus a statistic.
