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Elenna [48]
4 years ago
11

Sillytime Park competes with Splash World by providing a variety of rides. Sillytime sells tickets at $ 60 per person as aâ one-

day entrance fee. Variable costs are $ 24 perâ person, and fixed costs are $ 226 comma 800 per month. Compute Sillytime âPark's contribution margin ratio. Carry your computation to two decimal places. Use the contribution margin ratio approach to determine the sales revenue Sillytime Park needs to break even
Business
1 answer:
horsena [70]4 years ago
3 0

Answer:

BEP 378,000

Explanation:

\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}

\frac{Contribution \: Margin}{Sales \: Revenue} = Contribution \: Margin \: Ratio

Sales \: Revenue - Variable \: Cost = Contribution \: Margin

60 - 24 = 36 contribution margin

every units contribution $36 dollars

36 / 60 = 0.6 CM ratio

each dollar of sale generate 60 cents of contribution

226,800 fixed cost / 0.6 CMR = 378,000 BEP  in dollars

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The Abner Corporation, a retail seller of television sets, wants to determine how many television sets it must sell to earn a pr
horsena [70]

Answer: 75

Explanation:

The required sales volume if the Abner Corporation’s monthly fixed costs are $5,000 per month will be:

Required sales = (Fixed cost + target profit) / (Selling price - AVC)

= (5,000 + 10,000) / (300 - 100)

= 15,000 / 200

= 75

Therefore, the required sales volume is 75.

3 0
3 years ago
The capabilities used to create the sustainability/green initiatives at walmart and target are ______ but less likely to be ____
AleksandrR [38]

Answer:

Valuable; Rare

Explanation:

The Green Building Initiative (GBI) can be seen as an initiative international effort towards creating sustainable, resource-efficient buildings.

Therefore Sustainability tend to focus on meeting the needs of the present without been compromising the ability of future generations in order to meet their needs.

Therefore The capabilities used to create the sustainability/green initiatives at walmart and target are VALUABLE but less likely to be RARE

6 0
3 years ago
The present value of paying $10,000 at the end of each year for 3 years and then $100,000 at the end of the 3rd year with a 12%
erma4kov [3.2K]

Answer:

$95,196.34

Explanation:

The answer to this question depends on the answer given, but it is not showing in this case so , find the present value of all the cashflows;

Recurring cashflow ; PMT= 10,000

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Future value; FV = 100,000

then CPT PV = 95,196.337

The present value of these payments is $95,196.34

7 0
3 years ago
I have 2 questions and I need help. I am giving 20 points, 10 for each question.
Dahasolnce [82]

Answer:

umm i rrly dont know just need points thxs

Explanation:

4 0
3 years ago
At 7 months, amalia is able to intentionally grasp and release toys. for this to occur _______.
Gre4nikov [31]
Amalia must be able to lose the primitive grasping reflex. She will then be able to grasp things, such as toys, and release items intentionally. Until she loses the primitive grasping reflex, she will continue to drop the toys or other items, such as a bottle, on the floor or in the playpen. This will usually occur around 7-10 months of age. 
5 0
3 years ago
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