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qwelly [4]
3 years ago
12

Carroll Corporation has two products, Q and P. During June, the company's net operating income was $24,000, and the common fixed

expenses were $52,000. The contribution margin ratio for Product Q was 40%, its sales were $137,000, and its segment margin was $44,000. If the contribution margin for Product P was $42,000, the segment margin for Product P was:
Business
1 answer:
nekit [7.7K]3 years ago
3 0

Answer:

$32,000= Segment margin product P

Explanation:

Giving the following information:

Company net operating income= $24,000

Common fixed costs= $52,000

Product Q:

Segment margin= $44,000

Contribution margin for Product P= $42,000

We need to calculate the segment margin for Product P.

Net income= Segment margin product P + Segment margin product Q - common fixed costs

24,000= Segment margin product P + 44,000 - 52,000

32,000= Segment margin product P

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siniylev [52]

Answer:

Option 2 and 3 are correct

Explanation:

Foreign exchange refers to the conversion of one currency in exchange for another currency.

Foreign exchange market refers to a market for buying and selling of foreign currency in exchange of home currency. Such form of market has various participants such as forex dealers, brokers, institutions and individuals.

Foreign exchange market has no geographical location, rather it is spread online through network of banks, forex institutions and brokers.

International tourists require the currency of the nation they tour and thus they exchange their own currency in return for it. The process is foreign exchange.  

6 0
3 years ago
Brianna received an overall iq score of 117 on the wechsler scale. this number means that brianna has scored more than ________
Lady bird [3.3K]

The answers in the spaces provided in the question above are the following, 1; 100. The number means that Brianna has scored a total of 1 in the standard deviation which is above the mean IQ score of one hundred.

7 0
4 years ago
The following accounts are from last year’s books at Sharp Manufacturing: Raw Materials Bal 0 (b) 155,200 (a) 167,000 11,800 Wor
horsena [70]

Answer: The manufacturing overhead over applied by $6,600.

Explanation:

Given that,

Manufacturing Overhead from last year’s books at Sharp Manufacturing:

(b) 22,600

(c) 26,600

(d) 157,200

(e) 213,000

Actual manufacturing overhead = b + c + d

                                                     = 22,600 + 26,600 +  157,200

                                                     = $206,400

Manufacturing Overhead applied = e = $213,000

Manufacturing overhead applied is $213,000 but actual manufacturing overhead is  $206,400

Hence,

Manufacturing overhead over applied by:

= Manufacturing Overhead applied - Actual manufacturing overhead

= $213,000 - $206,400

= $6,600

Therefore, the manufacturing overhead over applied by $6,600.

6 0
3 years ago
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Rama09 [41]
Inflation
Inflation is mainly characterised by general increase of prices and goods
6 0
3 years ago
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OleMash [197]
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6 0
4 years ago
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