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vivado [14]
3 years ago
9

Young Company budgets sales of $970,000, fixed costs of $30,600, and variable costs of $135,800. What is the contribution margin

ratio for Young Company
Business
1 answer:
jarptica [38.1K]3 years ago
3 0

Answer:

contribution margin ratio= 0.86

Explanation:

Giving the following information:

Young Company budgets sales of $970,000

Variable costs of $135,800.

<u>To calculate the contribution margin ratio, we need to use the following formula:</u>

contribution margin ratio= contribution margin / sales

contribution margin ratio= (970,000 - 135,800) / 970,000

contribution margin ratio= 0.86

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if increasing the number of goods produced is one way to increase productivity what is the other way to increase productivity
yKpoI14uk [10]

Answer:

The way they're produced.

Explanation:

I can give an example. Henry Ford and his Model T. he wanted to increase the amount of cars his factory produced, and he wanted to make the production easier, and more affordable. His first step, was to make the production easier. He invented the conveyer belt, which stopped at each worker for an enough amount of time to let them complete their individual job. this's a great example

5 0
3 years ago
Bill and Hillary produce food and clothing. In an hour, Bill can produce 1 unit of food or 1 unit of clothing, while Hillary can
Free_Kalibri [48]

Answer:

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Bill can produce 10 unit of food or 10 unit of clothing, while Hillary can produce 20 units of food or 30 units of clothing in 10 hours a day.

4 0
3 years ago
Firm A currently dumps 157 tons of chemicals into the local river. Firm B currently dumps 183 tons of chemicals into the local r
Kruka [31]

Answer:

$20,670

Explanation:

                                               Firm A                   Firm B

Actual Dumping                         157                        183

Pollution Permits Allotted          <u> 11  </u>                        <u>  11  </u>

Reduction Required                   146                        172

Cost of Dumping 1 ton              $160                      $65

As the cost of dumping to Firm A is $160 which is higher than the marginal cost of dumping of Firm B which is $65, so it is better that Firm B take benefit from it by selling it at $65. So now total tons require dumping is 318 tons (146 + 172).

Total cost of reducing pollution = 318 tons * $65 = $20,670

3 0
3 years ago
Driving consists of a ______________ process that is used hundreds of times per mile traveled
abruzzese [7]

Driving consists of a <u>"decision making" </u>process that is used hundreds of times per mile traveled .


Driving a commercial vehicle requires your complete consideration since it is a decision-making process.

These decisions turn out to be second nature as an individual has all the more driving background.  

While working a commercial vehicle, the driver must settle on the right choice in a brief instant. Inability to settle on the right choice can put the motoring open and the business driver in danger of damage or demise.


6 0
3 years ago
The annual percentage rate on a credit card determines
Digiron [165]
My answer -

it determines how much they charge you in interest if you carry a balance. Lower is better. The percentage interest is what they charge you each month, “annual percentage rate” is what you’re paying if you keep that balance for a year. It’s slightly different because in that year, you’re also paying interest on the amount of interest (compound interest) you owe in the previous months.

Not carrying a balance means that you don’t pay interest.


p.s

Let me know if you need anymore help on brainly so I can help you again. Have an AWESOME!!! day :^)


6 0
3 years ago
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