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3 years ago

A causal study is one that _____.

Business

1 answer:

Serggg [28]3 years ago

6 0

Answer: Attempts to reveal why or how one variable produces changes in another

Explanation: Causal research is the study of cause-and-effect interactions, also called causal analysis. It is necessary to examine the variance in the supposed factor to cause the shift in the other variable(s) in order to determine causal link, and then calculate the changes in the other variable(s).

It is necessary to control other conflicting variables so that they do not affect the findings, by either keeping them constantly in the observational production of information or by using statistical techniques.

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EA6.

fredd [130]

Answer:

1. Break-even in units is 150 units

2. Break-even in dollars is $60,000

3. Contribution Income Statement for 130 units

Marlin Motors

Income Statement

For the month ended November 30

Sales revenue (130 x 400) $52,000

Variable cost (130 x 160) (20,800)

Contribution margin $31,200

Fixed cost (36,000)

Loss $4,800

4. Units to sell is 350

5. Dollars sale is $140,000

6. Contribution Income Statement for $200,000 sales revenue

Marlin Motors

Income Statement

For the month ended February

Sales revenue (500 x 400) $200,000

Variable cost (500 x 160) (80,000)

Contribution margin $120,000

Fixed cost (36,000)

Profit $84,000

Explanation:

1. To compute the Break-even point in units,

Formula is BEP = total fixed cost / unit contribution margin

Step 1. Compute the unit contribution margin

Unit selling price $400

Less : variable cost 160

Unit contribution margin $240

Step 2. compute the unit break-even in units using the formula.

BEP = total fixed cost / unit contribution margin

BEP = $36,000 / 240

BEP = 150 units

2. To compute the Break-even point in dollars,

Formula is BES = total fixed cost / contribution margin ratio

Step 1. Compute the contribution margin ratio

Unit selling price $400

Less : variable cost 160

Unit contribution margin $240

So, $240 divided by $400 equals 60% (CMR)

Step 2. compute the unit break-even in dollars using the formula.

BEP = total fixed cost / contribution margin ratio

BEP = $36,000 / 60%

BEP = $60,000

3. To prepare the contribution margin income statement, we will multiply the units sold of 130 units by $400 unit selling price to get the sales revenue. Then multiply 130 units by $160 to get the variable cost. Further illustration below;

Sales revenue (130 x 400) $52,000

Variable cost (130 x 160) (20,800)

Contribution margin $31,200

Fixed cost (36,000)

Loss $4,800

4. To compute the units to sell to realize the target profit we will use the formula:

(Total fixed cost + Target profit )/ unit contribution margin

Step 1. Compute the unit contribution margin

Unit selling price $400

Less : variable cost 160

Unit contribution margin $240

Step 2. compute the units to sell using the formula.

(Total fixed cost + target profit) / unit contribution margin

($36,000 + $48,000) / 240

Answer is 350 units

5. To compute the sales in dollars to realize the target profit of $48,000,

Formula is (Total fixed cost + target profit) / contribution margin ratio

Step 1. Compute the contribution margin ratio

Unit selling price $400

Less : variable cost 160

Unit contribution margin $240

So, $240 divided by $400 equals 60% (CMR)

Step 2. compute the target sales in dollars using the formula.

(Total fixed cost + target profit) / contribution margin ratio

($36,000 + $48,000) / 60%

$84,000 / 60%

Answer is $140,000

6. Contribution Income Statement for $200,000 sales revenue. FIRST we must determine how many unit are sold to have that sales revenue. $200,000 sales revenue divided by unit selling price of $400 equals 500 units. To further illustrate, see presentation below.

$200,000 / $400 = 500 units

Marlin Motors

Income Statement

For the month ended February

Sales revenue (500 x 400) $200,000

Variable cost (500 x 160) (80,000)

Contribution margin $120,000

Fixed cost (36,000)

Profit $84,000

7 0

3 years ago

Karen is a school principal. She has been collecting data all year regarding the benefits and costs of an after-school community

ipn [44]

Answer:

Cost Benefit Analysis

Explanation:

Cost benefit analysis research is "a systematic process for calculating and comparing benefits and costs of a project. A cost benefit analysis finds, quantifies, and adds all the positive factors (the benefits). Then it identifies, quantifies, and subtracts all the negatives (the costs). The difference between the two indicates whether the planned action is advisable."

If Karen is doing a cost benefit analysis well she must be sure she includes all the costs and all the benefits and properly quantify them in the community service program.

Reference: Worcester Polytechnic Institute. “Guides: Research Methodology: Cost Benefit Analysis.” Cost Benefit Analysis - Research Methodology - Guides at Worcester Polytechnic Institute, Oct. 2019,

7 0

3 years ago

Analysis of Receivables Method At the end of the current year, Accounts Receivable has a balance of $440,000; Allowance for Doub

lina2011 [118]

Answer: See explanation

Explanation:

a. The amount of the adjusting entry for uncollectible accounts will be:

= Estimated balance required in Allowance account - Unadjusted balance existing in Allowance account

= $14800 - $4000

= $10800

b. The adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense will be:

Account receivables = $440,000

Allowance for Doubtful accounts = $14,800

Bad Debt expense = $10800

c. The net realizable value of accounts receivable will be:

= Account receivables - Allowance for Doubtful accounts

= $440,000 - $14800

= $425200

6 0

3 years ago

quizlet fairwell lending must seek the court’s permission to foreclose on a property used as collateral for a loan that is in de

vladimir1956 [14]

It is most likely that a judicial foreclosure will be used when a lending seek the court’s permission to foreclose on a property used as collateral for a loan that is in default.

<h3>What is a foreclosure process?</h3>

Basically, a foreclosure refers to the legal process that allows lenders to recover the amount owed on a defaulted loan by taking ownership of and selling the mortgaged property.

The judicial foreclosure involves the foreclosure proceedings that take place through the court system. This process occurs when a mortgage note lacks a power of sale clause which would legally authorize the mortgage lender to sell the property if a default occurred.