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
Damm [24]
3 years ago
8

Variable Cost Ratio, Contribution Margin Ratio

Business
1 answer:
xenn [34]3 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

You might be interested in
A manager must ensure fairness and __________ in considering a promotion of an employee.
Evgesh-ka [11]
A promotion is the headway of a worker's rank or position in a hierarchical chain of command framework. Advancement might be a representative's reward for good execution. A manager should ensure nondiscrimination in considering a promotion of an employee. 
6 0
3 years ago
Lamp Light Limited (LLL) manufactures lampshades. It applies variable overhead on the basis of direct labor hours. Information f
dmitriy555 [2]
The answer is a , make sure you pick that oneb
7 0
3 years ago
In February, a homeowner contracted with a general contractor to have a basement storage space converted to a sauna, but never p
AURORKA [14]

Answer:

Generally real estate liens are prioritized following a temporal order, from first to last. This applies to all liens except taxes. Taxes are always first and they are collected before any other lien in the event of a foreclosure.

In this case, the following priority would go to the mechanic's lien from the the general contractor (as a result from court order), then the mortgage, and finally the other creditors.

4 0
3 years ago
Question 13 What is the value of Country 2's net exports?
blondinia [14]
Option B, $45 Billion
6 0
2 years ago
Fev and Company has a projected balance sheet that includes the following accounts. Cash $ ? Marketable securities 228,000 Accou
Thepotemich [5.8K]

Answer:

C. $ 344,000

Explanation:

In the balance sheet, the assets, liabilities, and stockholder equity is recorded. In this the accounting equation is used which is shown below:  

Total assets = Total liabilities + stockholder equity  

which equals to

Total assets = $1,570,000 + $2,382,000

                    = $3,952,000

And, the total assets equal to

Total assets = Cash + Marketable securities + Accounts receivable + Inventory + Non-current assets

$3,952,000 = Cash + $228,000 + $860,000 + $490,000 + $2,030,000

$3,952,000 = Cash + $3,608,000

So, the cash would be

= $344,000

7 0
3 years ago
Other questions:
  • Keynes advanced the position that capitalism works best when
    15·1 answer
  • Is the coffee market growing or shrinking and why
    6·1 answer
  • Pauli's Pizza offers one slice for $2, two slices for $3.50, three slices for $4.50, and four slices for $5.00. Sal orders two s
    10·1 answer
  • In a market, demand is given by P = 100 − Q and the (private) marginal cost of production for the aggregation of all firms (the
    5·1 answer
  • Drag the tiles to the correct boxes to complete the pairs.
    13·1 answer
  • The pattern for credit receivables collections are 60% month of sale, 30% month after sale and 10%second month after sale. What
    5·1 answer
  • Claude received notice that his disability benefits had ended and that he must resume working. Is Claude entitled to a hearing?
    10·2 answers
  • Match each type of insurance with an example of when the insurance
    13·1 answer
  • How do bonds earn income
    13·1 answer
  • Please give a complete answer to all questions, citing the legal principle to support your answer.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!