Answer:
Contribution margin ratio = 20%
Explanation:
We know, contribution margin is the difference between sales revenue and variable expenses, while the contribution margin ratio expressed as a parentage between the contribution margin and company sale.
We know,
contribution margin ratio = (contribution margin ÷ sales revenue) × 100
Given,
Contribution margin = $17,600
sales revenue = $88,000
Putting the value into the formula, we can get
contribution margin ratio = ($17,600 ÷ $88,000) × 100
or, contribution margin ratio = 0.2 × 100
Contribution margin ratio = 20%
Answer:
The Completed lost of Library is
Explanation: $1224880
Solution
Given that:
Amount Period Average expenditure
Accumulated
expenditure Jan 1 735000 9/9 735000
Feb. 28 99000 7/9 77000
Apr. 30 189000 5/9 105000
Jul. 1 45000 3/9 15000
Sept. 30 73000 0 0
Average Accumulated
expenditure 1141000 932000
Interest to be capitalized = 932000*12%*9/12= $83880
The Completed lost of Library = 1141000+83880= $1224880
Answer:
=$422,000
Explanation:
As per the contribution margin concept, the contribution margin per unit is equal to the selling price per unit minus variable costs.
Therefore, the total contribution margin is the sales minus variable costs.
The contribution margin for the west will be sales($930,000) minus variable cost($488,000)
=$930 ,000 - $488,000
=$422,000
Idk idk idk idk idk idk im sorry btw its just for the starting thing
