Answer:
(a) $40
(b) $24,000
(c) 40%
Explanation:
Given that,
Selling price = $100 per unit
Variable costs = $60 per unit
Fixed costs = $2,500 per month
Contribution margin per unit:
= Selling price - Variable costs
= $100 per unit - $60 per unit
= $40
Total Contribution margin:
= Contribution margin per unit × No. of units sold
= $40 × 600 units
= $24,000
Contribution margin ratio:
= (Selling price - Variable costs) ÷ Selling price
= ($100 per unit - $60 per unit) ÷ $100 per unit
= 0.4 or 40 %
This requirement is an example of an order qualifier
<u>Explanation:</u>
Order qualifiers are the competing interests that a firm must prove to be a feasible opponent in the market field. An order qualifier is a quality of goods or assistance that is wanted for the goods/assistance to indeed be viewed by a client.
Order qualifiers are the ambitious criteria that create a firm's outcomes observed as access for marketing by purchasers. For a firm to remit order qualifiers, they have to be at least as great as their opponent. When a firm's thought of order winners and qualifiers rivals the customer's opinion of the equivalent, there endures a "fit" among the pair of panoramas.
Here only contractors that were licensed and bonded would be considered shows that the client is interest to a quality of assistance is wanted to paint.
Answer:
Instructions are below.
Explanation:
Giving the following information:
Sales= 590 units
Selling price= $120
Unitary variable cost= 120*0.6= $72
Fixed costs= $21,312
<u>First, we need to calculate the total contribution margin:</u>
Total contribution margin= 590*(120 - 72)
Total contribution margin= $28,320
<u>Now, the contribution margin per unit:</u>
Unitary contribution margin= 120 - 72= $48
<u>Finally, the contribution margin ratio: </u>
contribution margin ratio= contribution margin / selling price
contribution margin ratio= 48/120
contribution margin ratio= 0.4
In a common-sized income statement, each item is expressed as a percentage of net income. TRUE
Commonplace-size earnings statement is the vertical evaluation of the income statement. A vertical analysis indicates all gadgets as chances and now not in absolute figures which affords a higher assessment. each line object is expressed as a percent determined by the base parent within the declaration.
A not unusual length earnings statement is an earnings declaration wherein each line item is expressed as a percent of the price of revenue or income. it's far used for vertical analysis, in which each line object in a monetary assertion is represented as a percentage of a base figure inside the assertion.
Commonplace length statements are usually expressed in the form of percentages. therefore, such statements are also known as a hundred according to cent statements or factor percent statements as all of the individual items are taken as a percent of 100.
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The correct answer is choice c, changes in the price level.
Aggregate supply is only affected by capital, labor, and technology in the long run because everything in the economy is assumed to be used optimally. Of the options that are presented, the only option that is not capital, labor or technology is the change in price level, which makes it the correct answer.
