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fgiga [73]
3 years ago
7

produces sports socks. The company has fixed expenses of $ 90 comma 000$90,000 and variable expenses of $ 0.90$0.90 per package.

Each package sells for $ 1.80$1.80. Read the requirementsLOADING.... Requirement 1. Compute the contribution margin per package and the contribution margin ratio. Begin by identifying the formula to compute the contribution margin per package. Then compute the contribution margin per package. ​(Enter the amount to the nearest​ cent.) Fixed costs – Operating income = Contribution margin per unit
Business
1 answer:
antiseptic1488 [7]3 years ago
8 0

Answer:

The contribution margin and the contribution ratio is $0.90 and 50% respectively.

Explanation:

The formula to compute contribution margin per package is shown below:

Contribution margin = Selling price per package - variable expense per package

= $1.80 - $0.90

= $0.90

And, the formula to compute contribution ratio is shown below:

= (Contribution per package ÷ selling price per package) × 100

= ($0.90 per package) ÷ ($1.80 per package) × 100

= 50%

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Would the management of a firm in an oligopolistic or in a competitive industry be more likely to engage in what might be called
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Generally, the administration of an oligopolistic company will carry out "socially conscious" practices, because this differentiation between the other companies would lead to higher than normal profits.

6 0
3 years ago
Carlos is the manager of an American company. He expects the value of the British pound to appreciate in the near future and so
Inga [223]

<u>Answer:</u> Speculation.

<u>Explanation:</u>

Carlos tries to make a profit through exchange rates. Carlos is a speculator who tries to make profit through market fluctuations. The strategy is a risky strategy as the speculators based on their knowledge about the market make decisions accordingly.

Carlos is planning to receive the appreciated value of British Pounds so that he receives the same amount as mentioned in the contract but makes profit out of exchange rates and books FX profits in his books of accounts.

3 0
4 years ago
Millennials who patronize restaurants and other out-of-home food purveyors have become increasingly health- and nutrition-consci
Hoochie [10]

Answer: target

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A target market are the group of customers which a business or a company directs the resources and its marketing efforts towards.

From the question above, since Millennials who patronize restaurants and other out-of-home food purveyors have become increasingly health- and nutrition-conscious, the strategy used by many fast food companies to improve the nutritional profile of their menus by adding items such as salads, fresh fruit, and plant-based meat substitutes is intended primarily to target millennial customers.

The fast food companies are aware that by adding items such as salads, fresh fruit, and plant-based meat substitutes, this may convince Millennial customers to try them out.

Therefore, the answer is option d"targets".

6 0
4 years ago
Governments that centralize their risk financing activities should account for this activity in which type of fund?
kari74 [83]

Answer:

The correct answer is letter "D": Either the General Fund or Internal Service Fund is acceptable.

Explanation:

The General Fund is used by the government to record all the inflows and outflows of the transactions related to daily use expenditures and long-term operations. The agency that provides the resources is the Department of Treasury through loans receivable.  

The Internal Service Fund record all transactions derived from the expenditures in the use of goods or services among government departments and agencies on a cost-reimbursement basis.

Thus, when reporting governmental financial activities, the can be recorded in the General Fund or the Internal Service Fund.

7 0
3 years ago
The united states imposes a tariff on electronics imported from china. Which would be a result?
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China has ceased all product marketing to Americans. Chinese gadgets are becoming more affordable. Consumer demand for domestically produced electronics in the US rises as a result of the electronics trade with China.

An economic idea known as demand theory explains the connection between customer demand for products and services and market prices.

Demand is the quantity of an item or service that customers are willing and able to purchase at a specific price in a specific time frame.

Demand theory explains how alterations in customer demand for an item or service have an impact on its market price.

To learn more about tariffs on electronics

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7 0
2 years ago
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