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Irina-Kira [14]
3 years ago
11

X Company's degree of operating leverage (DOL) at the current sales volume level is calculated to be:

Business
1 answer:
slava [35]3 years ago
5 0

Answer:

4

Explanation:

Note: The complete question is attached as picture below

Degree of Operating Leverage = Contribution/Operating Income

Degree of Operating Leverage = $48000 / $12000

Degree of Operating Leverage = 4

So. X Company's degree of operating leverage (DOL) at the current sales volume level is calculated to be 4

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Once expenses have been identified, they can be categorized as either fixed expenses or variable expenses.
AlexFokin [52]

Answer:

Once expenses have been identified, they can be categorized as either fixed expenses or variable expenses.

For example, your mortgage would be considered a __fixed__ expense, because _the total amount does not vary_. Conversely, grocery bills would be considered _variable_, because the actual amount is _varies_.

Explanation:

Fixed expenses are fixed in total within a relevant range.  The amount remains the same from one period to the next.  The element of the fixed expense that changes is the cost per unit and not the total amount.  On the other hand, variable expenses vary in total because of their quantities vary but their costs per unit remain fixed.

5 0
3 years ago
The following credit sales are budgeted by Novak Corp.: May $580700 June 854000 July 1195600 August 1024800 The company’s past e
Andru [333]

Answer:

The anticipated collections for August are $1024800

Explanation:

Based on the past experience part, the cash inflows for August will include 8% of June's sales collection, 20% of July's sales collection and 70% of August's sales collection.

Thus, the anticipated collection for August will be:

  • 8% of June' sales = 854000 * 0.08 = 68320
  • 20% of July's sales = 1195600 * 0.2 = 239120
  • 70% of August sales = 1024800 * 0.7 = 717360

Total anticipated collection-August = 68320 + 239120 + 717360 = $1024800

8 0
3 years ago
A small change in the rate of productivity growth will have a large impact on output in the short run but a small impact in the
Anna35 [415]
<span>False A change in productivity growth is similar to compounded interest. A small change has a small effect in the short run because it is a small change. However as time goes on the effect accumulates and the difference "compounds" upon itself.</span>
4 0
3 years ago
Which of the following is an example of how the principle of beneficence can be applied to a study employing human subjects? Ens
posledela

Answer: Determining that the study has a maximization of benefits and a minimization of risks.

Explanation: The beneficence principle is an ethical principle that a care giver's actions should be of good reasoning. This principle is used to make sure that those who care of human subjects, are treated by doing what they truly believe is best for the patient.

3 0
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Who is the First african american millionaire invented black hair care products?
Shalnov [3]

Answer: Madam C. J Walker

Explanation: Madam C.J Walker was an entrepreneur, who made her fortune from the manufacture of hair care product for blacks through her company named Madam C. J Walker manufacturing company situated in Indianapolis, Indiana. She was regarded as the first African American millionaire, earning her fortune through her entrepreneurial skill. She's fondly renowned for her philanthropic accomplishments and contribution towards the African American community.

6 0
3 years ago
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