Answer:
Hopi Corporation Total fixed expenses next year= $225,000
Step-by-step explanation:
Given,
Contribution margin ratio = 0.75
Current sales = $400,000
Margin of Safety = $100,000
Breakeven sales can be calculated as,
Breakeven sales = Current Sales - Margin of safety
= $400,000 - $100,000
= $300,000
Fixed Expenses can be calculated as,
Fixed Expenses = Breakeven Sales × Contribution margin ratio
= $300,000 × 0.75
= $225,000
Answer: Expected total fixed expenses for Hopi next year is $225,000
Answer:
3=x+5
Step-by-step explanation:
Answer:
this video has inspired me to become a better person, and to turn my gpa into the model gpa. thank you.
Answer: 24
Step-by-step explanation:
The other information regarding the question is that the Medium pizza cost $9 while the Large pizza cost $15.
The number of medium sized pizza that Wright sold will be represented by x.
(5 × $15) + ($9 × x) = $291
$75 + 9x = $291
9x = $291 - $75
9x = $216
x = $216/9
x = 24
He sold 24 medium pizza
