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e-lub [12.9K]
2 years ago
8

Management anticipates fixed costs of $72,500 and variable costs equal to 40% of sales. What will income equal if sales are $325

,000?
Business
1 answer:
abruzzese [7]2 years ago
6 0

Answer: $122500

Explanation:

The income if sales are $325,000 will be calculated as thus:

Sales = $325,000

Less: Variable cost = $130000

Contribution margin = $195,000

Less: Fixed cost = $72,500

Income before tax = $195,000 - $72500 = $122500

Note:

Variable cost = 40% × Sales

= 40% × $325000

= 0.4 × $325,000

= $130000

Contribution margin = 60% × Sales

= 60% × $325000

= 0.6 × $325,000

= $195000

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Tacoda Systems tracks consumers' online activity and delivers specific banners based on that activity. This tracking and ad deli
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Behavioral targeting

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3 years ago
How van an oligopoly cause market failure (8)​
Sladkaya [172]

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

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3 years ago
F banks kept 100 percent of deposits on hand as reserves, the reserve requirement ratio:
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Answer:

Option (B) is correct.

Option (D) is correct.

Explanation:

If banks kept 100 percent of deposits on hand as reserves, then this will indicate that all the deposited amount would be saved as reserves. Therefore, the reserve requirement ratio is 100% here which means that:

Reserve ratio = 100%

                      = 100 ÷ 100

                      = 1

and the money multiplier = 1 ÷ reserve requirement ratio

                                          = 1 ÷ 1

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