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3 years ago

Contribution margin is:

Business

1 answer:

Serggg [28]3 years ago

8 0

Answer:

The correct answer is letter "D": sales less variable production, variable selling, and variable administrative expenses.

Explanation:

Contribution Margin is the difference between the revenue from sales and variable costs. This helps a company to analyze the profitability of individual products by calculating how earnings are influenced by sales. In other words, the contribution margin represents the portion of revenues that are used to cover fixed expenses such as administrative staff payments.

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One of Tony Hsieh's most important roles now is to act as a cultural leader for Zappos. Which of the following would be the best

stepladder [879]

Answer:

The correct answer is: <em>D. Listen to employees concerns and be willing to change some aspects of Holacracy.</em>

Explanation:

Holocracy refers to a management style where top-down or hierarchical management is replaced with a management style, where power and authority is equally distributed between teams and individuals in an organization. Holocracy is beneficial for organizations since it engages and motivates individuals and teams more than a hierarchical management style- where they have less power and authority. This in turn engages employees to produce favorable outcomes, while remaining aligned with their organization's missions.

The best way for Hsieh to guide the culture at Zappos in light of the switch to Holacracy would be to listen to employees' concerns and be willing to change some aspects of Holacracy. This is the best approach as it resonates with a holacratic management style, and gives employees the power and authority to bring up their concerns so that the switch to Holacracy at Zappos goes smoothly.

8 0

4 years ago

City Taxi Service purchased a new auto to use as a taxi on January 1, 2018, for $36,000. In addition, City paid sales tax and ti

laiz [17]

Answer:

Depreciation expense for 2018 and 2019 is $6,640 for each year

The amount of gain or loss that would be recognized on the asset disposal is -$2,920 (a loss)

Explanation:

Depreciation is the systematic recognition of the cost of an asset in the p/l overtime as a result of use. When accumulated, it is known as accumulated depreciation which is deducted from the cost of the asset to get the net book value or carrying amount of the asset. The cost of the asset includes all necessary cost incurred to make the asset available for use.

The cost less the salvage value divided by the estimated useful life gives the annual depreciation.

Total cost = $36,000 + $1,200

= $37,200

Annual depreciation

= ($37,200 - $4,000)/5

=$6,640

Net book value on 1 January 2020

= $37,200 - 2($6,640)

= $23,920

Gain/(loss) on disposal

=$21,000 - $23,920

= -$2,920

7 0

4 years ago

Little Corp., a toy manufacturing company, allocates one task to an employee working from 8:00 a.m. to 12:30 p.m. and allocates

Leno4ka [110]

Answer:

Job Sharing.

Explanation:

Job sharing can be understood as an act, where one set of employees works for a given shift and the remaining work is completed by the other set of employees at any other time of the day. This is usually done by part-time workers and they tend to split their remuneration as well according to the work requirement and their performance.

8 0

3 years ago

Inventory Valuation under Variable Costing Lane Company produced 50,000 units during its first year of operations and sold 47,30

otez555 [7]

Answer:

1. $5.62

2. $15,174

Explanation:

1. The computation of the cost of one unit of product under variable costing is shown below:-

Total product cost = Direct material + Direct labor + Variable overhead

= $123,000 + $93,000 + $65,000

= $281,000

Unit product cost = Total product cost ÷ Produced units

= $281,000 ÷ $50,000

= $5.62

2. The computation of cost of ending inventory under variable costing is shown below:-

Unsold at end = Unit produced - Unit sold

= 50,000 - 47,300

= 2,700

Cost of ending inventory = Number of units sold × Unit product cost

= $5.62 × 2,700

= $15,174

3 0

3 years ago

Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound area

notsponge [240]

Answer:

$50,094.8

Explanation:

Flexible Budget are budget prepared by taking the actual activity level achieved at standard cost/price. WHILE

q is taken as the actual level of activity which is 240 diving hours.

Puget Sound Divers

Flexible Budget For the Month Ended May 31

Revenue ($440.00 ×240) $105,600

Expenses:

Wages and salaries ($11,800 + $128.00×240) $42,520

Supplies ($3.00 ×240) $720

Equipment rental ($2,100 + $22.00 ×240) $7,380

Insurance ($4,000) $4,000

Miscellaneous ($530 + $1.48×240) $885.2

Total expense $55,505.2

Net operating income ($105,600- $55,505.2) $ 50,094.8

Net operating income =Revenue - Total expenses

3 0

3 years ago

Read 2 more answers