1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
saveliy_v [14]
3 years ago
8

marie's magic shoppe provides the following information about its single product targeted opertating income selling price per un

it variable costs per unit total fixed costs what is the contribution margin ratio
Business
1 answer:
Diano4ka-milaya [45]3 years ago
8 0

Answer:

44 %

Explanation:

Hi your question is incomplete, I have searched for the full question online and I have attached it as an image below.

Contribution margin ratio = Contribution / Sales  x 100

where

Contribution = Sales - Variable Costs

                     = $21.58 - $12.00

                     = $9.58

therefore,

Contribution margin ratio = $9.58 / $21.58 x 100

                                          = 44.39 %

You might be interested in
The period between March 9 and June 16, 1933, when Congress passed 15 major acts to meet an economic crisis, was called________.
JulijaS [17]

Answer:

Hundred Days

Explanation:

The period between March 9 and June 16, 1933, when Congress passed 15 major acts to meet the economic crisis of the Depression was called <u>the hundred Days</u>. As we know that the First New Deal began in a whirlwind of legislative action called “The First Hundred Days.” From March through June 1933, at Roosevelt’s behest, Congress passed legislation aimed at addressing the banking crisis, unemployment, and weak industrial performance, among other problems, through an “alphabet soup” of new laws and agencies.

3 0
4 years ago
Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of 8,638. The
mina [271]

Answer:

Net Pay = Gross Pay - Federal Income Tax - FICA-SS Tax - FICA-Medicare Tax

Net Pay = $8,260.00 - $1,325.17- $512.12 - $119.77* = $6,302.94

Explanation:

4 0
3 years ago
EB1.
GaryK [48]

Answer:

1,350 units; 918 units

Explanation:

Ending inventory:

= Beginning inventory + Units started - Units completed and transferred

= 750 + 9,500 - 8,900

= 1,350

Equivalent units of ending work in process for Materials:

= 100% complete × Ending inventory

= 100% × 1,350

= 1,350 units

Equivalent units of ending work in process for Conversion:

= 68% complete × Ending inventory

= 68% × 1,350

= 918 units

3 0
4 years ago
The cost of making a shirt is half of what the shirt normally sells for. today, however, the shirt is on a 15% discount from its
Stolb23 [73]
Let the cost of the shirt be y and the price by the which the shirt is sold is 2y.

Now, let's calculate how much does 15% represent from the price of the shirt:
15% discount = (15/100) x 2y = 0.3y
Therefore, the shirt is sold for : 2y - 0.3y = 1.7y

This means that at 15% discount, the shirt is sold at 1.7 of its original cost.
7 0
3 years ago
Costs that are incurred in generating revenues during the period, but are not involved in the manufacturing process are referred
Vlad [161]

Answer:

Period costs

Explanation:

Period costs are Costs that are incurred in generating revenues during the period, but are not involved in the manufacturing process. These cost are not related directly to the production process. These costs cannot be capitalized on the company's balance sheet. They are expensed in the period in which they were incurred and are included in the financial statement during their assigned accounting period.

5 0
3 years ago
Other questions:
  • What is a corporation?
    6·2 answers
  • The first item appearing on the statement of owner's equity is Select one: a. net income b. the ending balance of owner's equity
    8·1 answer
  • A and B have a written contract whereby A agrees to sell B a plot of land for $100,000. Later, without terminating the first con
    5·1 answer
  • ___ are a payment mechanism that are similar to regular bank checks but are transmitted electronically, with a signature in digi
    8·1 answer
  • As a manager, when you provide rewards or reprimand your subordinates, you are practicing transactional leadership. question 35
    5·1 answer
  • Item 3Item 3 Cutter Enterprises purchased equipment for $87,000 on January 1, 2018. The equipment is expected to have a five-yea
    9·1 answer
  • {The following information applies to the questions displayed be/ow. Fighting Irish Incorporated pays its employees $3,220 every
    8·1 answer
  • That something unique your business should have which other business do not have ​
    10·1 answer
  • ASAP!! Discuss Maslow’s Hierarchy of Needs Theory. In your opinion, is it a good motivator for employees to
    8·1 answer
  • What effect do challenging team goals have on social loafing?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!