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skad [1K]
2 years ago
7

If the monthly sales volume required to break even is $190,000 and monthly fixed costs are $55,900, the contribution margin rati

o is closest to: Select one: a. 29% b. 71% c. 340% d. 23%
Business
1 answer:
Vladimir79 [104]2 years ago
6 0

Answer:

a. 29%

Explanation:

Given that

Contribution margin = $55,900

Sales = $190,000

The computation of contribution margin ratio is shown below:-

Contribution margin ratio = Contribution margin ÷ Sales

= $55,900 ÷ $190,000

= 29%    

Therefore for computing the contribution margin ratio we simply divide sales by contribution margin ratio.

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Answer:

c. Persistent excess capacity

Explanation:

Cost reduction is a process of reducing expenditure in a planned manner. The process of cost reduction requires continuity of cost analysis. The elements which are not of any use or contribute anything to the factors of the production are eliminated through this process. The elements of cost are examined critically before their elimination.

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Lorenzo, who works as a supervisor at Travelus Corp., notices that one of the employees, Maya, takes very long coffee breaks whi
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Answer:

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5 0
2 years ago
The management of Vimonland Theme Park sells that proprietary rights of all the park rides toan investment company to operate on
julsineya [31]

Answer:

a. licensor

Explanation:

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8 0
2 years ago
As rationing mechanisms, prices options: a. are efficient, but long lines are inefficient. b. and long lines are inefficient. c.
valentina_108 [34]

Answer:

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I hope you find this information useful and interesting! Good luck!

4 0
2 years ago
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