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
PilotLPTM [1.2K]
3 years ago
8

Perfect Clean, Inc. provides housekeeping services. The following financial data have been provided.

Business
1 answer:
ioda3 years ago
7 0

Answer:

A) $38,650; 48.31%

Explanation:

The computation of the contribution margin and the contribution margin ratio is shown below:

Contribution margin = Service Revenue - Cleaning Supplies Used - wages expense

= $80,000 - $22,000 - $19,350

= $38,650

The variable cost is Cleaning Supplies Used + wages expense

And, the contribution margin ratio equals to

= (Contribution margin ÷ sales) × 100

= ($38,650 ÷ $80,000)  × 100

= 48.31%

You might be interested in
A rice mill in south Louisiana purchases the trucking firm that transports packaged rice to distributors. This is an example of
Schach [20]

Answer:

forward integration

Explanation:

Forward integration -

It refers to a business strategy , where the business is expanded in order to control the direct distribution or supply of the company's product , is referred to as forward integration .

The method helps to expand and flourish the business .

Hence , from the given scenario of the question ,

The correct answer is forward integration .

8 0
3 years ago
The following information pertains to a manufacturing company: Beginning finished goods inventory $48,000 Manufacturing overhead
EleoNora [17]

Answer:

COGS= $122,000

Explanation:

Giving the following information:

Beginning finished goods inventory $48,000

Cost of goods manufactured $117,000

Ending finished goods inventory $43,000

To calculate the cost of goods sold, we need to use the following formula:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 48,000 + 117,000 - 43,000

COGS= $122,000

7 0
3 years ago
One primary reason that environmental optimists are not concerned with natural resource depletion is they believe that
Murrr4er [49]

The reason that the environmental optimist are not to be concerned with the depletion of natural resources is because of technological innovation in which they believe that this allows or has the capability of developing synthetic materials in which can replace the natural resources that are depleted.

3 0
3 years ago
A can of dog food is on sale for 20% off the original price. If the original price is $1.35, what is the discount?
stepan [7]

Answer:

this is pretty simple $ 00.27

3 0
3 years ago
The advertised claim for batteries for cell phones is set at 48 operating hours, with proper charging procedures. a study of 500
gregori [183]

Answer:

The answer is NO. The experimental results did not support the claim that less than 0.2 percent of the company's batteries would fail during the advertised time period.

Explanation:

From the illustration, for 15 batteries to fail out of 5000 batteries that means a 0.3 percent failure. Hypothetically, since there has been a claim that about 0.2 per cent will fail and we now have a confirmed failure rate of 15 in 5000 or 0.3 per cent rate, then we can infer that the hypothesis of 0.2 percent may be incorrect after all since it is still less than the confirmed rate of 0.3 per cent failure. Thus, since 0.3 rate is higher than 0.2 rate, then the hypothesis is wrong by a margin  of 0.1 percent.

5 0
3 years ago
Other questions:
  • In auditing the financial statements of Star Corp., a nonissuer, Land discovered information leading Land to believe that Starâ€
    8·2 answers
  • Which of the following describe the product in the marketing mix?
    14·2 answers
  • At which price and quantity combination would the government regulate this firm to get as close as possible to the most efficien
    12·1 answer
  • On January 1, 2021, Frontier World issues $40.6 million of 8% bonds, due in 15 years, with interest payable semiannually on June
    13·1 answer
  • Rudd Corp. had 700,000 shares of common stock authorized and 300,000 shares outstanding at December 31, 2016. The following even
    12·1 answer
  • The following information is available: Units in process, Dec. 1 (60 percent converted) 2,000 units Units in process, Dec. 31 (5
    10·1 answer
  • Kedia Inc. forecasts a negative free cash flow for the coming year, FCF1 = -$10 million, but it expects positive numbers thereaf
    5·1 answer
  • A retired customer has an existing stock portfolio held in a cash account. He has heard that "leveraging" his portfolio can incr
    10·1 answer
  • I met a girl and she said '' omg, are you a cookie?''<br> then she show this image to me..
    5·1 answer
  • You are asked to study the causal effect of hours spent on employee training​ (measured in hours per worker per​ week) in a manu
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!