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2 years ago

Variable Cost Ratio, Contribution Margin Ratio

Business

1 answer:

xenn [34]2 years ago

4 0

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Head-First Company plans to sell 5,000 bicycle helmets at $75 each in the coming year. The unit variable cost is $45. Fixed factory overhead is $20,000 and fixed selling and administrative expense is $29,500.

To calculate the variable cost ratio, we need to use the following formula:

Variable cost ratio= unitary variable cost / selling price

Variable cost ratio= 45/75= 0.6

The contribution margin rate is the difference between the contribution margin and the selling price:

CM ratio= Contribution margin / selling price

CM ratio= (75 - 45)/ 75= 0.4

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3 years ago

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3 years ago

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gizmo_the_mogwai [7]

Answer:

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2 years ago

When a contract is deemed against generally accepted public policy, the courts will determine the agreement to be _____?

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3 years ago

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shepuryov [24]

Answer:

The correct answer is letter "A": total value from trade in a market.

Explanation:

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2 years ago