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frosja888 [35]
2 years ago
4

If a firm sells 40,000 units and the contribution margin on the firm's single product is $4.00 per unit and fixed costs are $60,

000, what will the firm's operating profit be at this level of sales volume?
Business
1 answer:
iragen [17]2 years ago
5 0

Answer:

=$100,000

Explanation:

Contribution margin equals to sales - variable cost.

It means the contribution margin has accounted for variable costs.

The total contribution margin, in this case, will be contribution margin per item multiplied by total units sold.

=40,000 units x 4

=$160,000

Operating income = Total contribution margin - fixed costs

=$160,000 - $60,000

=$100,000

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marshall27 [118]

Answer:

True

Explanation:

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3 years ago
Explain organizational culture and how it impacts individual and organizational performance.
kozerog [31]

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<h3>How does organizational culture affect individual and organizational performance?</h3>

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5 0
1 year ago
Select the correct answer
irakobra [83]
I think it’s b chapter 10
3 0
3 years ago
Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credi
seropon [69]

Answer:

Explanation:

The journal entry is shown below:

(A) Sales return and allowance A/c Dr $450,000

    To Accounts receivable                        $450,000

(being returned goods recorded)

Merchandise inventory A/c Dr $292,500   ($450,000  × 65%)

       To Cost of goods sold                      $292,500

(Being cost of goods sold recorded)

The computation of the estimated return is shown below:

= Sale value of merchandise × return percentage - actual return

= $11,500,000 × 4% - $450,000

= $460,000 - $450,000

= $10,000

(B) Sales return and allowance A/c Dr $10,000

    To Accounts receivable                        $10,000

(being returned goods recorded)

Merchandise inventory A/c Dr $6,500   ($10,000  × 65%)

       To Cost of goods sold                      $6,500

(Being cost of goods sold recorded)

The computation of the year-end allowance for sales returns is shown below:

The amount is same $6,500

4 0
3 years ago
Rivals would find it difficult to challenge atlas door in the short run because of high threat of substitution. low buyer switch
elena55 [62]

The reason why it is difficult for Rivals to challenge atlas door is probably because of the high threat of substitutes in which the rival fears that the atlas door will replace them and send them off out of the business when they are overpowered by the other party.

8 0
3 years ago
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