Answer:
Contribution= $214,800
Explanation:
<em>Contribution margin ratio is the proportion of sales revenue that is earned as contribution. </em>
Unit sold = revenue / selling price = 880,000/55 = 16,000 units
Contribution = Sales revenue - variable cost
Variable admin = 4% × 880,000= 35200
Variable selling = 5× 16,000 = 80,000
Contribution = Sales revenue - cost of goods sold - admin - selling
= 880,000 - 550,000- 35200 - 80,000=214,800
Contribution= $214,800
<span>A volcano that expels highly viscous magma is a greater threat to life and property because it is more explosives and thus is more difficult or impossible to predict. When there are more explosives happen, the damage that created to nearby life and poverty will also be increased. Depending on the amount of magma that being erupted, it might take more than ten years for the soil to have good enough composition for plants to grow.</span>
Answer:
Dear Professor, I just wanted to let you known I failed my homework because, after I moved I have no access to the internet. I am very sorry.
<u>Answer:
</u>
The given chart shows the link between interest in a product and the price a consumer pays.
<u>Explanation:
</u>
- The more the interest a person has in a product, the more willing he is to pay any demanded price for the product.
- On the other hand, if a person is not at all interested in a specific product, he would not buy it even if it is available at the cheapest price in the market.
