Answer:
The contribution margin statement is found below with a contribution margin of $149,800 and operating income of $145100
Explanation:
Contribution Margin Statement
Sales revenue ($720*700) $504000
Variable costs:
Cost of generators($470*700) ($329000)
Commission(5%*$504000) <u> ($25200)</u>
Contribution margin $149,800
Fixed costs
Rent ($3000)
Additional commission <u> ($1,700)</u>
Operating income $145100
Cost of rent is fixed as it is not depended on the quantity of generators sold.
Additional commission is fixed amount,so it is a fixed cost, while costs of buying generators as well as the commission of 5% are both variable costs.
Answer:
isnt that called your credit limit?
Explanation:
Answer:
amount of capitalize related to the patent is $90000
Explanation:
given data
spent = $400,000
patent license = $40,000
defend rights of the patent = $50,000
patent life = 20 years
solution
as we know that development cost of new product idea is an direct expense
so here Legal fee will be incurred for apply patent and successfully defend the patent right is the capitalized asset
so capitalize related to the patent is = $50,000 + $40,000
amount of capitalize related to the patent is $90000
Considering the whole moon cycle takes about 28 days to complete, I would say that three weeks is NOT enough time to observe all of the moon phases. The waning crescent moon phase starts at about day 24 (which would be after the three weeks are up) therefore if you only viewed it for 21 days (3 weeks) you would not see all the phases. Hope this helps!
