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3 years ago

Which of the following statements is consistent with the concept of the contingency anchor?

Business

1 answer:

DENIUS [597]3 years ago

5 0

Answer:

D. A particular action may have different consequences in different situations.

Explanation:

The Contingency anchor theory is of the opinion that different actions and decisions would have different consequences when applied in different situations. So, for organizations seeking solutions to their problems they need to take into account the peculiarities of the problems and apply solutions that are applicable to them.

So the proponents of organizational behavior under the contingency anchor, believe that there is no universal solution to every problem. Organizations must be willing to adapt to the different circumstances that arise as a result of the complexities in the work setting.

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Answer:

a. Traditional Income Statement

Sales ($125 x 140) $17,500

Cost of Sales ($60 x 140) ($8,400)

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b. Contribution Margin Income Statement

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Rent ($1,000)

Net income $5,925

Explanation:

Traditional Income statement calculates the gross profit after deducting the cost of goods sold from the revenue. After that it deduct all the operating expenses to calculate the Net Income.

Contribution margin income statement consider all the variable expenses as cost of product cost and calculates the contribution margin, after that the fixed costs are deducted calculate the net income.

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Answer

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