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Mademuasel [1]
3 years ago
10

Carroll Corporation has two products, Q and P. During June, the company's net operating income was $26,500, and the common fixed

expenses were $57,000. The contribution margin ratio for Product Q was 40%, its sales were $142,000, and its segment margin was $49,000. If the contribution margin for Product P was $47,000, the segment margin for Product P was:_______.
Business
1 answer:
laiz [17]3 years ago
5 0

Answer:

$34,500

Explanation:

Segment margin for Product P = Company`s Net Operating Income + Common Fixed Cost - Product Q Segment Margin

Therefore

Segment margin for Product P = $26,500 + $57,000 - $49,000

                                                   = $34,500

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Candonia has a comparative advantage in the production of , while lamponia has a comparative advantage in the production of . Su
Ksju [112]

Answer:

Candonia has a comparative advantage in the production of <u>LEMONS</u>, while Lamponia has a comparative advantage in the production of <u>COFFEE</u>. Suppose that Candonia and Lamponia specialize in the production of the goods in which each has a comparative advantage. After specialization, the two countries can produce a total of <u>36</u> million pounds of coffee and <u>36</u> million pounds of lemons.

Explanation:

Since a lot of information was missing, I looked it up and found the attached graphs. The graphs referred to production of coffee and lemons, but I guess they are similar questions.

For every pound of lemons that Candonia produces, it will not be able to produce ¹/₂ pounds of coffee (opportunity cost of producing lemons instead of coffee).

For every pound of coffee that Lamponia produces, it will not be able to produce 1¹/₂ pounds of lemons (opportunity cost of producing coffee instead of lemons).

8 0
3 years ago
A restaurateur spends $61 on labor and materials to produce 8 meals. by increasing these costs to $78, he can produce 14 meals.
atroni [7]
The best and most correct answer among the choices provided by the question is the second choice. He has to have negative marginal returns. I hope my answer has come to your help. God bless and have a nice day ahead! Feel free to ask more questions.
6 0
3 years ago
Read 2 more answers
Studdard Controls recently declared a quarterly dividend of $1.25 payable on Thursday, April 25, to holder of record of Friday,
elena-14-01-66 [18.8K]

Answer:

April 11th

Explanation:

the dividends will be paid to the owner of the share one day before the record.  This is defined asthe Ex-date ofthe dividends.

DISCLAMER

Assuming it refers to 2019 Apil 12th

the previous business day will be April 11th (we should liook into the calendar and avoid counting Friday and saturdays

for the year 2019 April 12th is a friday so it is okay to define it as April 11th

7 0
3 years ago
You have been at fault in your sexond accident in 6 months. Your insurance company is going to increase your annual premium by 2
Flauer [41]

Answer:

$1,248

Explanation:

The current premiums are $975, which is equivalent to 100%. The new premium will increase by 28%.

New premiums will be $975% plus 28%, which is equal to 128% of  $975

= $975 x 128/100

=$975 x 1.28

=$1,248

5 0
2 years ago
Read 2 more answers
On July 1, Smith Company borrowed $430,000 cash by signing a 10-year, 8% installment note requiring equal payments each June 30
ehidna [41]
It should be e $64,083
7 0
3 years ago
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