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Marina CMI [18]
3 years ago
11

Determine the missing amounts. (Round answers to 0 decimal places, e.g. 1,225.) Unit Selling Price Unit Variable Costs Unit Cont

ribution Margin Contribution Margin Ratio 1. $570 $420 $Entry field with correct answer 150 (a) Entry field with correct answer 26 % (b) 2. $490 $Entry field with correct answer 360 (c) $130 Entry field with correct answer 27 % (d) 3. $Entry field with incorrect answer now contains modified data 92 (e) $Entry field with incorrect answer 368 (f) $460 2
Business
1 answer:
natali 33 [55]3 years ago
4 0

Answer:

Unit Selling Price     Unit Variable Costs    Unit Contribution  Margin Contribution Margin Ratio

1. $570 $420    

Unit Contribution  Margin= Unit Sales Price Less  Unit Variable Price =

$ 570- $ 450 = $150 (a)

Contribution Margin Ratio = Contribution Margin/ Sales = 150/570* 100= 26 % (b)

2. $490      $490 -$130= $360 (c) $130        ($ 130/ $490)* 100= 27 % (d)

3. $23000 (e) $22540 (f) $460 2

Unit Contribution  Margin $460

Contribution Margin Ratio  2

Contribution Margin Ratio= Unit Contribution  Margin/Sales=  $460/ Sales  =2 %

$460/ Sales  =2 %

Sales = $ 460/2%= $ 23000

Sales - Unit Contribution  Margin = $ 460

Unit Contribution  Margin= Sales- $460 = $ 23000- $ 460= $ 22540

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Answer:

Explanation:

Profit maximization objective can easily be manipulated and it is highly subjective. Management may decide to avoid some costs in the short-term such as Investment in Assets, Investment in R &D and other discretionary cost in order to have an impressive profit performance. In the long-run, the avoidance of this cost now may reduce the earnings capacity of the company assets.

Using profit as measure of performance for manager may encourages dysfunctional behavior.

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3 0
4 years ago
Which combination of fiscal policy actions would most likely be offsetting? 
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Delvig [45]

Answer: Option (A) is correct.

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If there is an increase in the taxes, as a result aggregate demand decreases because of lower disposable income. This policy action is known as Contractionary fiscal policy.

Whereas, if there is an increase in the Government spending, as a result aggregate demand increases. This policy action is known as Expansionary fiscal policy.

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Outcome fairness can be greatly determined by expectation in which the outcomes will be distributed in the basis of the management knowledge or previous experiences with such situations.

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3 years ago
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