Answer:
Explanation:
1. Fixed Costs = 160,000
Pretax income = 164,000
Total contribution desired = 324,000 [160,000+164,000]
CM Ratio = 0.25
Sales = 324,000/0.25 = 1,296,000
2. Variable costs = Sales - Fixed costs - Pretax income = 1,296,000 - 160,000 - 164,000 = 972,000
So Total Sales amount to $1,296,000 and Variable cost is $972,000
Thank you for your time with me, I eagerly await your response (email)
Thank you for your time, would you be available again soon to follow up on these matters? (in person)
Answer:
E. Natural resources, Physical capital and Human capital
Explanation:
The above are the three major categories of resources because natural resources such as air, water etc are given by nature thus essential and constitute an important part of resources. Also, physical capital such as buildings, assets, motor vehicles etc are owned by a business or an organization to carryout daily business activities hence one of the major categories of resources.
Human capital is responsible for employing people to manage and control the natural resources and physical capital.
Answer:
a. by measuring The relationship to inputs and outputs
Explanation:
Productivity shows the efficiency of generating output using the available inputs. It is measured by dividing the output of a company or a production line by the inputs used. Therefore, productivity shows the relationship between inputs and outputs.
Productivity can also be measured by labor output. In this case, the output is divided by the number of labor hours used.
Answer: C.$221.86
Explanation:
Contribution Margin is the difference between the sales price and the variable costs.
Best case scenario of Sales would mean it is the higher amount.
Best case scenario of costs would mean the lower amount.
Best case Sales
= 349 * ( 1 + 3%)
= $359.47
Best Case Variable Cost
= 139 * ( 1 - 1%)
= $137.61
Best Case Contribution Margin
= Best case Sales - Best Case Variable Cost
= 359.47 - 137.61
= $221.86
