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earnstyle [38]
3 years ago
8

Kelsay Corporation has provided the following contribution format income statement. Assume that the following information is wit

hin the relevant range. Sales (9,000 units) $ 540,000 Variable expenses 405,000 Contribution margin 135,000 Fixed expenses 130,500 Net operating income $ 4,500 The contribution margin per unit is closest to:
Business
1 answer:
mario62 [17]3 years ago
7 0

Answer:

the contribution margin per unit is $15 per unit

Explanation:

The computation of the contribution margin per unit is shown below:

Contribution margin per unit is

= Selling price per unit - variable cost per unit

= ($540,000 ÷ 9,000 units) - ($405,000 ÷ 9,000 units)

= $60 - $45

= $15 per unit

Hence, the contribution margin per unit is $15 per unit

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In California, Arthur wants to personally place business with RTS Insurance Company who is a nonadmitted carrier. The only way A
Cloud [144]

Answer

Professional ethics and code of conduct regulation

Explanation:

California Professional code of conduct for insurance agent does not permit unethical placement, as the regulator view such as fraudulent practices.

7 0
3 years ago
Which person makes original journal entries in the general ledger and reporting system about events such as dividend payments an
Nina [5.8K]

Treasurer-person makes original journal entries in the general ledger and reporting system about events such as dividend payments and payments to creditors

<h3>What does us Treasurer do?</h3>

The Treasurer of the United States has direct oversight over the U.S. Mint, the Bureau of Engraving and Printing and Fort Knox and is a key liaison with the Federal Reserve. In addition, the Treasurer serves as a senior advisor to the Secretary in the areas of neighborhood development and public engagement.

<h3>Why is it referred to as a Treasurer?</h3>

Originally the phrase referred to the individual in charge of the treasure of a noble; however, it has now moved into wider use. In England at some stage in the seventeenth century, a function of Lord High Treasurer was used on a number of events as the 0.33 remarkable officer of the Crown.

<h3>What is the electricity of treasurer?</h3>

He is the individual accountable for controlling monetary complications, making reports, recording finances, and managing the have confidence financial institution accounts.

Learn more about Treasurer here:

<h3>brainly.com/question/1320342</h3><h3>#SPJ4</h3>
8 0
1 year ago
Which of the following distribution systems offers speed and reliability when emergency supplies are needed overseas?A. railroad
erik [133]
<h3>Hello there!</h3>

Your question asks which is a fast and reliable source for emergency supplies that are needed overseas.

<h3>Answer: B). Airfreight</h3>

The reason why answer choice "B). Airfreight" is the correct answer because this is the distribution system that is the quickest to get things overseas.

When you think about going overseas, what do you use? A plane. When you think about going somewhere international, what do you use? A plane. That is the same concept when you're sending things overseas, you would use some sort of air craft to get it overseas.

An airfreight is a really big air craft that can transport tons and tons of supplies, items, etc. An airfreight can go over the ocean and to its destination very quickly. The plane can go hundreds and hundreds of miles per hour for a long period of time. This is why people would use an air freight to deliver emergency supplies overseas.

<h3>Why the other answer choices are incorrect:</h3>

Answer choice "A). railroads" is incorrect because railroads can't go overseas. Have you seen railroads built over the ocean? Absolutely not. Therefore, trains can't go over the ocean because there's no railroads built over the ocean. This is why this answer choice is incorrect.

Answer choice "C). trucking" is incorrect because there is no road over the ocean, therefore the travel path would be cut off for the trucks. In order for the trucks to go overseas, they would need to be transported on a boat, in which would take a long time. This is why this answer choice is incorrect.

Answer choice "D). pipelines" is incorrect because pipelines don't extend to places that are overseas, and pipelines would not be a safe thing to use to get emergency equipment distributed. This is why this answer choice is incorrect.

Answer choice "E). waterways" is incorrect because water ways are just water, large bodies of water to be exact. There is no transportation system in waterways, therefore making this answer choice incorrect.

<h3>I hope this helps!</h3><h3>Best regards, MasterInvestor</h3>
3 0
3 years ago
Positive qualities and character traits that determine how you act and perform your job refer to
nata0808 [166]
Based on my opinion, the best answer would be B.
I may not be correct but...
I hope this helps:)
6 0
3 years ago
On November 1, 2021, Jamison Inc. adopted a plan to discontinue its barge division, which qualifies as a separate component of t
Alex Ar [27]

Answer:

$78 million

Explanation:

Data given in the question

Operating loss = $78 million

Estimated operating loss = $97 million

Excess of fair value, less costs to sell, over book value = $17 million

So, by considering the above information, the before-tax loss on discontinued operations is $78 million because the fair value is exceeded from the book value i.e $17 million. Moreover, the asset is also not impaired. So only operating loss would be reported

8 0
3 years ago
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