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vaieri [72.5K]
3 years ago
12

I am so sorry this is the last of the points that i got, so tell me what is the most important think that you own that you can n

ever get rid of
Business
1 answer:
olganol [36]3 years ago
3 0

My doggo and my cat. Also maybe snakes

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Fast Spirit Calendars imprints calendars with college names. The company has fixed expenses of $1,095,000 each month plus variab
12345 [234]

Answer and Explanation:

1. The computation of the number of cartons is shown below:-

Operating income  = Sales - Variable expenses - Fixed expense

The break-even sales = Fixed expenses ÷ (Selling price - Variable cost)

= $1,095,000 ÷ (12 - 4)

= $136,875

2. The computation of the dollar amount of monthly sales is shown below:-

Contribution margin ratio = Contribution ÷ Sales  

= $8 ÷ 12

= 66.6666%

Target sales in dollars  = (Fixed expenses + Operating income) ÷ Contribution margin ratio

= ($1,095,000 + $312,000) ÷ 66.6666%

= $2,110,500

3. The preparation of the company's contribution margin income statement for June is shown below:-

Particulars                                           Amount

Sales (455,000 × $12)                      $5,460,000

Less: Variable cost of goods sold

(4 × 71% × 455,000)                          -$,1292,200

Gross contribution margin                $4,167,800

Less: Variable operating expenses -$527,800

(4 × 29% × 455,000)

Net contribution margin                    $3,640,000

Less: Fixed expenses                      -$1,095,000

Net operating income                       $2,545,000

4. The computation of June's margin of safety and operating leverage factor is shown below:-

Margin of safety (in dollars)  = Total sales - Break-even sales

= $5,460,000 - ($12 × 136,875)

= $3,817,500

Operating leverage factor  = Contribution margin ÷ Net operating income

= $3,640,000 ÷ $2,545,000

= 1.430

4. The computation of percentage will operating income is shown below:-

If volume rises by 11%, then operating income increase by

= 11% × 1.430

= 15.73%

Particulars                                         Amount

Original volume of cartons              $455,000

Add: Increase in volume                   $50,050  ($455,000 × 11%)

New volume of cartons                     $505,050

Unit contribution margin                     $8

New total contribution margin       $4,040,400

($505,050 × $8)

Less: Fixed expense                      ($1,095,000)

New operating income                    $2,945,400

Operating income before

change in volume                           $2,545,000

Increase in operating income        $400,400

Percentage change                         15.73%

6 0
3 years ago
Von told the sales rep he wasn't buying his product because it cost too much. in terms of the personal selling process this is c
Elanso [62]

The sales rep he wasn't buying his product because it cost too much. in terms of the personal selling process this is called a reservation.

The sale force and sell the products and services by using meeting the consumer face – to – face. The salesmen aim to tell and encourage the consumer to buy, or at the least attempt the product.

.

Non-public selling is the handiest marketing communication device as it permits salespeople to adapt their presentation to every capability or modern-day customer.

They use their understanding of the customer's shopping for methods to choose powerful sales techniques. approach or income presentation, therefore. considering its miles an interactive form of promoting, it enables construct accept as true by the consumer.

Learn more about personal selling here:brainly.com/question/7304387

#SPJ1

6 0
2 years ago
A deposit of $800 is planned for the end of each year into an account paying 8 percent/year compounded annually. The deposits we
SSSSS [86.1K]

Answer:

The amount in 23 years will be A = $4697.17

Explanation:

Using the Formula

A = P(1 + r/n){nt}

Where:

A deposit of (Principle) $800

Interest Rate =8% or 0.08

Compounded annually  (t) = 1

Number of years  (n) = 25-2 = 23 years

Applying the figures into the formula:

A = 800(1 + 0.08/1){1 *23}

A = 800(1 x 0.08){23}

A = 800(1.08){23}

A = 800(5.8715)

A = $4697.17

8 0
3 years ago
Getler Inc.'s projected capital budget is $2,000,000, its target capital structure is 40% debt and 60% equity, and its forecaste
anyanavicka [17]

Answer:

The correct answer to the following question will be Option e (0 $ 200,000).

Explanation:

Residual dividend policy should be used for businesses that fund their capital needs by wealth earned at home. Such that, companies can make investments only if all investment requirements are satisfied by something like internal resources instead of moving to something like the marketplace.

Capital Budget = $2,000,000

Capital structure will be:

Debt = 40%    

Equity = 60%

Income = $1,000,000

So let us measure the balance of our Expected Debt and Equity first:

Debt = 2,000,000 \times  40  \ percent

        = 800,000

Equity = 2,000,000\times  60 \ percent

           = 1,2000,000

As we know our income will be $1,000,000.

Then maybe we can have been using our inner income of $1,000,000 to funding everyone's capital requirement of $1,2000,000.

So,

Residual amount = 1,000,000 - 1,2000,000

                            = -200,000

This suggests that our organization has to sell upwards of $200,000 shares of assets and therefore will not be capable to afford to pay some distributions yet. So that option e would be the right answer.

4 0
3 years ago
Which tab would help you toggle between views?
dmitriy555 [2]

Answer:

Design

Explanation:

5 0
3 years ago
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