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bagirrra123 [75]
3 years ago
8

Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant ra

nge of production is 500 units to 1,500 units): Sales $ 24,800 Variable expenses 13,600 Contribution margin 11,200 Fixed expenses 7,728 Net operating income $ 3,472 Foundational 5-1 Required: 1. What is the contribution margin per unit? (Round your answer to 2 decimal places.)
Business
1 answer:
Liula [17]3 years ago
4 0

Answer:

11.2 per unit

Explanation:

Oslo Company

Contribution margin per unit =

(Sales - Variable Expenses) / Sales volume

= (24,800 - 13,600) / 1,000

= 11,200 / 1,000

= 11.2 per unit

Therefore the contribution margin per unit is 11.2

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The following account balances are taken from the December 31, 2018, financial statements of ABZ Advertising Company. The compan
miss Akunina [59]

Answer:

Check the explanation

Explanation:

Particulars                                                      Amt

Opening Cash                                               51907

Add: Cash Received (13400+4500)            17900

Less: Payment to supplier                            5500

Less: Operating Expenses Paid                   48950

Closing Cash Balance                                  15357

8 0
3 years ago
Opportunity cost a) only is considered for goods in short supply. b) is the value of the next best alternative as a result of ch
Volgvan

Answer:

C. is the value of the next best alternative as a result of choosing some given alternative

Explanation:

Opportunity cost -It is the the benefit that an individual , business or investor miss out , while choosing an alternative .The financial reports does not show the opportunity cost , which the owner of the business use to make an educated decisions while going through multiple options .

3 0
3 years ago
Read 2 more answers
Karissa works for a company that sells sour cream. Sales are down, so she begins a research project. First, she develops a hypot
lubasha [3.4K]

The next step for Karissa is to collect data.

<h3>What are the steps involved in a research project?</h3>

Locating and defining issues or problems is the first step:

The goal of this stage is to define the parameters of a situation or subject that needs to be resolved or researched. The researcher should consider the study's objectives, pertinent prior knowledge, the information that is required, and how the information will be used in decision-making when describing the issues or problems.

Creating the research project is step two:

This step focuses on developing a research strategy or overarching approach to how you will address the stated issue or problem. A framework or blueprint for carrying out a research undertaking is a research strategy or approach. It describes the steps required to get the needed data, and its goal is to create a study that will test the relevant hypotheses, find potential solutions to the research problems, and offer the data required for making decisions.

Data Collection is the third step:

This step focused on gathering the data you'll need to address the issue or problem you identified. Experiments, observations, human interviews, telephone or computer-assisted telephone interviews from an office, and postal surveys are all possible methods for gathering data.

Analyzing Research Data is the fourth step:

In this step, the research findings will be interpreted, examined, and analyzed in order to reach a conclusion that resolves the problem. Make sure the conclusion is clear and well-thought-out in light of the information gathered.

Present Your Research Results is step five:

Reporting the research results to individuals who require the information to make decisions is the last stage. The findings ought to be presented in an understandable way so that decision-makers can quickly utilize them. In order to increase impact and clarity, a spoken presentation to management should also include tables, figures, and graphs.

Learn more about research project here:

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6 0
2 years ago
Assume that IBM leased equipment that was carried at a cost of $120,000 to Swander Company. The term of the lease is 6 years beg
expeople1 [14]

Answer:

Date           Account titles and Explanation     Debit          Credit

Dec 31, 19   Lease receivables                        $150,001

                   Cost of goods sold                       $120,000

                            Sales                                                           $150,001

                             Equipment                                                 $120,000

                    (To record the lease)

Dec 31, 19   Cash                                                $30,044

                              Lease receivables                                     $30,044

                   (To record the receipt of lease installment)

3 0
3 years ago
Market segments are homogeneous in two ways: prospective buyers will respond similarly to marketing action and they
iren2701 [21]

There are different reasons for market segmentation. Market segments are homogeneous in two ways: prospective buyers have common needs and they  will respond <u>similarly </u>to marketing <u>action</u>.

<h3>Why market segments? </h3>

The reasons set aside for a market segment are;

  • Homogeneity among the different segment's specific needs.
  • Its uniqueness
  • A specific reaction to marketing tactics.

The reaction that arises from the market segments to marketing plans or strategies is said to be very well known by people. The market segment traits are interests, lifestyle, age, etc.

See full question below

Market segments are homogeneous in two ways: prospective buyers have common needs and they

a.) use traditional forms of media on a regular basis.

b.) are in the same income bracket.

c.) are likely to be open to brand-switching.

d.) can be convinced to share common wants.

e.) will respond similarly to marketing action.

Learn more about  market segments from

brainly.com/question/5545577

7 0
2 years ago
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