Answer:
C. reward innovation and hard work of inventors
Explanation:
A patent is a right granted to an inventor by the federal government that permits the inventor to exclude others from making, selling or using the invention for a period of time. It helps to reward innovation and hardwork
Answer:
Al Manara Company sells its single product for $ 30 per unit. The contribution margin ratio is 45%; and fixed costs are $ 10,000 per month Required If Al
Explanation:
Answer: $3,570,000
• assets installation, shipping and installation costs.
Explanation:
The The total cost of Alexander's new equipment will be calculated thus:
= $3,400,000 + $170,000
= $3,570,000
The coat of the new equipment consist of (assets installation, shipping and installation costs).
I think the answer is false because many schools raise fundraisers to help pay for things. If this is the case the money for the school will be quite low
Answer:
1. 73 %
2. 27 %
3. $60,000
4. Ways to increase projected operating income without increasing total sales revenue :
- Reduce the variable costs per unit
- Reduce fixed overheads
Explanation:
Contribution Margin Ratio = Contribution / Sales × 100
Where,
Contribution = Sales - Variable Costs
= $88,000 - $23,760
= $64,240
Then,
Contribution Margin Ratio = $64,240/ $88,000 × 100
= 73 %
Variable Cost Ratio = Variable Cost / Sales × 100
= $23,760 / $88,000 × 100
= 27 %
Break-even sales revenue = Fixed Costs ÷ Contribution Margin Ratio
= $43,800 ÷ 0.73
= $60,000
<u>Ways to increase projected operating income without increasing total sales revenue :</u>
- Reduce the variable costs per unit
- Reduce fixed overheads
