The Garden company sells a product for $50 per unit. Variable costs are $40 per unit. 50 % of the contribution margin per unit, in total, and as a ratio.
Selling price per unit - Variable cost per unit = Contribution margin per unit
50 - 25 = $ 25
Sales - Variable cost = Contribution margin
( 610 * 50 ) - ( 610 * 25 ) = $ 15250
Contribution margin / Sales = Contribution margin ratio
15250 / 30500 = 50%.
Variable costs are directly related to the cost of producing goods and services, whereas fixed costs do not change with the level of production. Variable costs are commonly referred to as COGS, but fixed costs are not usually included in COGS. Fluctuations in sales and production levels can affect variable costs when factors such as sales commissions are included in the unit price of production. On the other hand, fixed costs still have to be paid, even if production slows down significantly.
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Answer: (2) Planning
Explanation:
The planning is one of the type of management function that helps in managing the function of an organization for achieving the desirable goals in an organization.
The main objective of the planning is that it helps in altering the pattern of the resources and also maintain the plans for achieving the desired results.
According to the given question, Caliana is managing the warehouse for the united processors Inc. and she performing the planning management function for fulfill the desirable goals.
Therefore, Option (2) is correct answer.
Answer:
B. A close corporation
Explanation:
Based on the information provided within the question it can be said that Miracle Mobile Devices Inc. is a closed corporation. This term refers to company that is not a public corporation and does not surpass a predefined number of shareholders or stakeholders. Which both statements 2 and 4 defend this declaration.
Answer:
1.
Determine the reporting Date and period. 2. Identify your assets. 3. Identify your liabilities.
4. Calculate shareholders' equity.
Add total liabilities to total shareholders' equity and compare to the assets.
