Answer:
Contribution margin ratio= 0.42
Explanation:
Giving the following information:
Bryce Co. sales are $801,000
Variable costs are $465,100
Operating income is $287,000.
<u>To calculate the contribution margin ratio, we need to use the following formula:</u>
contribution margin ratio= (sales - variable cost) / sales
contribution margin ratio= (801,000 - 465,100) / 801,000
contribution margin ratio= 0.42
Answer: c. machine hours.
Explanation:
In reference to Automated Operations, the Activity base that is usually used to in determining a pre-determined overhead rate are Machine hours.
It is standard practice to relate overhead to the Direct Labor involved in the production of a commodity and since in this case the direct Labor mostly consists of Machines (Automated) then it is best to relate activities to the Machine hours involved instead.
The book value of the bond at the end of year 10 is 1,160
What is the basis for determining premium amortization?
The bond premium amortization is assumed to be determined using the straight-line basis such that bond premium amortized in each year is the same for 18 years of bond investment, in other words, the year 10 bond premium amortization of 20 is the same for all other years.
Total premium on bond issuance=20*18
total premium on bond issuance=360
bond price issued price=par value+ premium=1000+360=1360
As at the end of the 10th year, bond premium amortized thus far is 20 multiplied by 10 years
bond premium amortized=20*10=200
book value of the bond at the end of year 10=1360-200
book value of the bond at the end of year 10=1,160
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Answer: d. Make sure to change the position and company name in the objective.
Setting the job objective is the first step of any resume.
The manner in which the objective of a resume is framed conveys a lot of information to the prospective employer.
A well defined objective must use industry vocabulary, demonstrate research into the job or position that is being applied for and reflect the incumbent's abilities and interests.
Hence it is imperative to change the position and company name in the resume's objective while tailoring a resume.
The correct answer is A) organization culture.
The other options of the question were B) the company's macroenvironment. C) the organization's competitive environment. D) collective competitive intelligence. E) organizational structure.
The stories about the "Parker Legends" and the organization's most innovative designs are all clues to understanding the organization's culture.
This is the importance of the culture of a company. The series of values, principles, mission, and vision that characterizes and makes the company unique. Every single employee in the company shares these values and can be transmitted through time to new workers. "Parker Legends" is a tradition that is respected and is part of the organization's DNA.
