Answer:
Add 12+4
Step-by-step explanation:
In an internal operating income statement, the form is as such:
(1) Sales (or Revenue) - Total Variable Costs = Contribution Margin;
(2) Contribution Margin - Total Fixed Costs = Operating Income
and
(3) Contribution Margin Ratio = Contribution Margin/Sales
The first equation helps us out. Sales is the whole amount for this statement, or 100%. We know variable costs are 62% and the rest goes to the Cont. Margin.
100% - 68% = 32% (choice A)
Are you asking me to demonstrate how to handle that equation ?
Are you expecting to get the procedure and solution here ?
If you were asking a question, would that be it ?
Well, OK. You manipulated me into it.
5p + 2 = 4p - 1
Subtract 4p from each side: p + 2 = - 1
Subtract 2 from each side: p = - 3
1 2/3cups of ingredient b