The blank space has been correctly filled below:
- The contribution margin income statement allows users to easily judge the impact of a change in <u>selling price, cost, or volume</u> on profit.
The contribution margin income statement is an evaluation of a former sales period. Entrepreneurs use this procedure to determine whether they made a profit or loss during the period.
After their evaluation, they realize the operating income or net income. The contribution margin is generated using this formula,
Net product revenue - Total variable cost ÷ product revenue.
A proper understanding of the fixed and variable costs is essential to accurately calculate the contribution margin.
Learn more here:
brainly.com/question/24596251
Answer:
An example of a product going through scarcity is when heavy rainfall and flooding destroy crops because of which their supply is decreased, and because of this shortage their prices sky rocket or increase very fast.
Explanation:
Since you provide no table, me nor anyone else would not be able to find out his total utility
But if he spends all his income on honey, the most he can buy is :
$16 / 4$ = 4 Jars
That leave either option 1 or option 4 as the answer
Answer:
Explanation:
. You can hire someone to keep your books but, you'll still need to know how to read, understand, and interpret basic accounting reports in order to make good business decisions and also for you to be able to know if someone is committing fraud. A basic knowledge will assist you in all this.
It is virtually impossible to smoothly run a business without being able to read, understand, and analyze accounting reports and financial statements
Answer:
Explanation:
Right to work laws are designed so that no one is compelled to join a union.
So the answer is A. give workers in a unionized firm the right to choose whether to join the union.