A. At the garage, mechanics changed the

Psari's, a company that sells fishing nets, provides the following information about its product: Targeted operating income $

Molodets [167]

Answer:

B. 66.67%

Explanation:

Contribution is the difference between the company's total revenue and the total variable cost. The ratio of the contribution to sales or revenue gives the contribution margin ratio.

The contribution may also be derived from the addition of the fixed cost and the operating income.

Contribution margin

= $115,000 + $54,000

= $169,000

Let the number of units to be sold to achieve targeted income be U

6U - 2U - 115,000 = 54,000

4U = 169,000

U = 42,250

Contribution margin ratio = 169000/(6 * 42,250)

= 66.67%

6 0

3 years ago

At the beginning of 2014, Sabrina Company had the following normal ledger balances: Accounts Receivable: $24,000 Allowance for U

zimovet [89]

Answer:

$10,300

Explanation:

Accounts receivable, beginning = $24,000

Credit sales = $450,000

Cash collections from customers = $460,000

Accounts receivables written off = $3,700

Accounts receivables, ending = Accounts receivable, beginning + Credit sales - Cash collections from customers - Accounts receivables written off

Accounts receivables, ending = $24,000 + $450,000 - $460,000 - $3,700

Accounts receivables, ending = $10,300

So, at the end of the year, the balance in the Accounts receivable is $10,300.

7 0

3 years ago

In the classical approaches to management, proponents of the __________ approach argued that managers should stress primarily em

bogdanovich [222]

It should be noted that In the classical approaches to management, proponents of the Human Relations approach argued that managers should stress primarily employee welfare, motivation, and communication.

<h3>What is Human Relations management?</h3>

Human Relations management theory can be regarded as premise of organizational psychology which explains that an employer can employee productivity and motivation by positive social bonds.

Therefore, Human Relations support managers to be stressing primarily employee welfare and motivation.

Learn more about Human Relations at;

brainly.com/question/1657284

7 0

2 years ago

A company produces a single product. Variable production costs are $12.90 per unit and variable selling and administrative expen

Scrat [10]

Answer:

$10,965

Explanation:

Computation for the dollar value of the ending inventory under variable costing

First step is to find the Units in ending inventory

Using this formula

Units in ending inventory = Units in beginning inventory + Units produced−Units sold

Let plug in the formula

Units in ending inventory= 0 units + 4,900 units−4,050 units

Units in ending inventory = 850 units

Last step is to find the Value of ending inventory under variable costing

Using this formula

Value of ending inventory under variable costing = Unit in ending inventory × Variable production cost

Let plug in the formula

Value of ending inventory under variable costing= 850 units × $12.90 per unit

Value of ending inventory under variable costing = $10,965

Therefore the dollar value of the ending inventory under variable costing would be $10,965

6 0

3 years ago

Daisy's Dolls sold 30,000 dolls this year. Each doll sold for $40 and had a variable cost of $19. Fixed expenses were $250,000.

Vitek1552 [10]

The Net operating income for the year is $380,000

<h3>What is Net operating?</h3>

Net operating income (NOI) is a common metric for determining a property's profitability. The calculation involves deducting all operating expenses from all revenue generated by the property. The more profitable a property is, the higher the revenues and the lower the expenses.

A property, for example, may earn money from tenant rents and a coin laundry machine. Operating expenses include not only maintenance fees, but also insurance and professional assistance. The strength of NOI is that it incorporates all necessary income and expenditures per property into a single calculation.

Using this formula

Net operating income=[Sales×(Fixed Cost-Variable cost)] -Fixed expenses

Let plug in the formula

Net operating income=[30,000×($40-$19)]-$250,000

Net operating income=(30,000×$21) -$250,000

Net operating income=$630,000-$250,000

Net operating income=$380,000

Inconclusion The Net operating income for the year is $380,000.

Learn more about Net Operating Income here:

brainly.com/question/21175714

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6 0

2 years ago