Seating Company is currently selling 1,400 oversized bean bag chairs a month at a price of $95 per chair. The variable cost of
each chair sold includes $65 to purchase the bean bag chairs from suppliers and a $2 sales commission. Fixed costs are $ 13,000 per month. The company is considering making several operational changes and wants to know how the change will impact its operating income: Prepare the company's current contribution margin income statement. (Use parentheses or a minus sign for an operating loss.)
<em>The income or loss would be shared according to the ratio of capital contributed. The ratio is the proportion of capital contribute per partner to the total pool of capital.</em>
A manager in an organization has a lot of responsibilities.There are a lot of employees working under the manager.So a manager is a very busy person.So they have to take care of a lot of things.
Hence Managers shifts gears very quickly so the average time spent on one activity is around nine minutes.
