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snow_lady [41]
3 years ago
6

The variable cost ratio explains the percentage of sales revenue​ that: A. contributes towards contribution margin B. contribute

s towards variable costs C. contributes towards fixed costs and generating a profit D. contributes towards product costs
Business
1 answer:
gayaneshka [121]3 years ago
7 0

Answer:

B. contributes towards variable costs

Explanation:

We know that,

Variable expense ratio = Variable expense ÷ Sales revenue.

From the above formula, we can understand that the Variable expense ratio comes from dividing variable expenses by sales.

Therefore, option B is correct. So the variable expense ratio cannot contribute towards contribution margin, fixed costs, and product costs.

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Consider two neighboring island countries called Felicidad and Bellissima. They each have 4 million labor hours available per mo
Ilia_Sergeevich [38]

Answer:

Bellisima's opportunity cost:  

  • Production of corn per million hours of labor = 12 / 24 = 0.5 pairs of jeans of corn
  • Production of jeans per million hours of labor = 24 / 12 = 2 bushels of corn

Felicidad's opportunity cost:  

  • Production of corn per million hours of labor = 8 / 32 = 0.25 pairs of jeans of corn
  • Production of jeans per million hours of labor = 32 / 8 = 4 bushels of corn

Felicidad has a comparative advantage int he production of corn while Bellisima has a comparative advantage in the production of jeans.

If both countries specialize:

  • Felicidad will produce 128 million bushels of corn.
  • Bellisima will produce 48 million pairs of jeans.

Total production of corn has increased by 24 million bushels.

Total production of jeans has increased by 12 million pairs.

Assuming that Bellisima trades 26 million pairs of jeans and Felicidad exchanges 78 million bushels of corn, then:

  • Felicidad's consumption of jeans will increase by 2 million pairs, while their consumption of corn will increase by 50 million bushels.
  • Bellisima's consumption of jeans will increase by 10 million pairs, while their consumption of corn will increase by 6 million bushels.

8 0
3 years ago
In a brief statement, in your own words, please describe why you are an ideal candidate for this position. (retail store)
ZanzabumX [31]
I feel like I could be ideal for this because I know how to communicate with others pretty well, & I can try to help customers as best as I can
6 0
2 years ago
" if the speaker used to consume 2000 calories a day, how much do they now consume? math problem
madreJ [45]
Need the rest of the question. You will likely need divide the number of calories by a time interval (ex 24 hrs) and find the difference.
4 0
3 years ago
purchased equipment on January​1, 2018​,for $ 27 comma 419.Suppose Duck Pond Golf Club Sold the equipment for $ 19 comma 000 on
ale4655 [162]

Answer:

31 December 2019

Cash                                      19000 Dr

Accumulated depreciation  12186 Dr

            Equipment                        27419 Cr

            Gain on disposal              3767 Cr

Explanation:

Straight line depreciation method charges a constant depreciation expense through out the useful life of the asset.

To calculate the gain or loss on disposal/sale of an asset like this, we need to first determine the book value or carrying value of asset on that day.

Carrying value = Cost - Accumulated depreciation

Carrying value = 27419 - 12186

Carrying value = $15233

Gain or (loss) on disposal = Cash/Sale proceeds - Carrying Value

Gain or (loss) on disposal = 19000 - 15233

Gain or (loss) on disposal = $3767 Gain

3 0
3 years ago
Deadweight losses occur when the quantity of an output produced is:
PilotLPTM [1.2K]
Deadweight losses occur when the quantity of an output produced is: ... Less than or greater than the competitive equilibrium quantity. Such that the marginal benefit of the output is just equal to the marginal cost.
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3 years ago
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