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Elena-2011 [213]
3 years ago
5

Sheridan Company produces flash drives for computers, which it sells for $12 each. Each flash drive costs $9 of variable costs t

o make. During April, 1000 drives were sold. Fixed costs for April were $1000. How much is the contribution margin ratio
Business
1 answer:
Allushta [10]3 years ago
8 0

Answer:

12%

Explanation:

Contribution margin ratio is calculated as

= Contribution margin / Sales

Sales [ $12 each × 1,000 drives sold] $12,000

Less Variable costs [$9 each x 1,000 drives sold]

($9,000)

Contribution margin

$3,000

Less Fixed costs

($1,000)

Operating profit

$1,000

Recall that contribution margin ratio

= [ Contribution margin / Sales] × 100

= [ $3,000 / $12,000 ] × 100

= 12%

Therefore, contribution margin ratio is 12%

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A trader of municipal securities
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How to make a peanut butter and jelly sandwich essay?
katrin2010 [14]
To start you need your hands. Go to the kitchen, walk over to the sink and turn on the water. Get your hands wet put some soap in them and rub them together. Now that your hands are rubbed clean, stick them under the running water and rinse them off. Turn off the water and dry your hands with a paper towel or a kitchen towel. Now that your hands are clean, prepare to make a peanut butter and jelly sandwich.
Now that you are already in the kitchen get out a plate or napkin, if you choose a plate choose a paper plate less dishes to do. Then you need to get the loaf of bread, open it up and take out your two slices of bread. Now that you have your two slices out, you can put back the rest of the loaf. Take your two slices and set them on the plate next to each other not on top of each other.
Now you need to find a knife. It has to be the right knife no steak knife for this job. You need a good old-fashioned butter knife that will be the utensil you need. I hope that you know where the knives are in your house, in a drawer with all the other silverware. Now that you found the butter knife, take it out and set it on the counter next to your plate.
After the knife, you need one of the most important items, the jelly. So now you need to go to the refrigerator and find which flavor you would like to use. Even though you might only have one or two choices (I mean it is your fridge not a grocery store). Grab your selection and bring it to the counter where your other items are. Now you open the jelly up then pick up the knife. Scoop some out onto one of the slices of bread, put down the jar and pick up the slice of bread with the jelly on it. Now spread the jelly
4 0
3 years ago
Your first task is to set an advertising objective. remember, your key goals are to build brand preference for your product and
Kazeer [188]

Answer:

Persuasive Advertising

Explanation:

The goal of persuasive advertising is to convince customers that your product is better and different and that they should choose it over any other option. This is different than information advertising which focuses on informing customers not persuading them.

6 0
3 years ago
A woman bought a home. The asking price for the home was $585,000; the woman offered $565,000 and the seller accepted. The appra
omeli [17]

Answer:

The multiple choices are as follows:

A: 82%

B: 83%

C: 84%

D: 85%

The correct option is C,84%

Explanation:

Loan-to-Value ratio(LTV)=loan amount/appraised value of the property

the price paid for the property was $565,000,out of which the buyer paid $94,600 from her pockets and borrowed the remainder,the remainder that was borrowed is computed thus:

amount borrowed=sales value-cash

                            =$565,000-$94,600=$470,400

The appraised value of the property is $560,000

LTV=$470,400/$560,000=0.84

The property loan to value ratio is 84%

7 0
3 years ago
Jayhawk Foods Inc. is a snack manufacturer that wants to expand globally. Few people abroad are familiar with Jayhawk Foods snac
cestrela7 [59]

Answer:

the answer is option B) the leaders of Jayhawk Foods should pursue a multidomestic strategy that includes new "local" brands.

Explanation:

Understanding how best to meet your customers needs is a sure way to maximize profits and generate more sales.

Having identified the need for a high degree of local responsiveness when it comes to food, Jayhawk Foods Inc., a snack manufacturer that wants to expand globally should pursue a multi domestic strategy for their branches globally.

Multi Domestic strategy is an international marketing strategy that is responsive to the local market by driving advertising and sales efforts towards the needs that the local consumers are most responsive to.

3 0
3 years ago
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