Rhiannon, a long-time employee for a healthy pet food company, conducts research about what customers want for their pets. She

Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant ra

MakcuM [25]

Answer:

Explanation:

Given that the relevant range of production is 500 units to 1,500 units, the cost elements are fixed and variable. All the items listed will change as a result of a 5% increase in sales, only the fixed expense will not be affected when the activity level changes from 1000 units to 1050 units.

The 1050 units represents the units sold where there is a 5% increase.

= 1000 × 1.05 = 1050 units

As such,

Sales (1050 units) = 1050/1000 × $80,000 = $84,000

Variable expenses (1050 units) = 1050/1000 × $52,000 = $54,600

As such, If the company sells 1050 units

Amount in $

Sales 84,000

Variable expenses (54,600)

Contribution margin 29,400

Fixed expenses (21,840)

Net operating income 7,560

Estimated percent increase in net operating income = (7560 - 6,160)/6,160 × 100%

= 1,400/6160 × 100%

= 22.73%

4 0

3 years ago

Half yearly interest credited by bank ra.540

Yuri [45]

Answer:

what's the qstn then ? r u frm nepal ?

3 0

2 years ago

In which ways can goals be classified

Sonja [21]

Answer: It says goals can be classified as : futuristic,psychological, or educational (then ) , recreational , occupational, or personal

this is the correct answer

Explanation:

8 0

3 years ago

Dennis, who consumes only grilled chicken sandwiches and salads with low-fat dressing, has a weekly income of $100 to spend on f

Kitty [74]

Answer:

1. buy more salads and fewer sandwiches.

Explanation:

As we know that

$\textup{MU}_{S}=\textup{Marginal utility of Sadwitches}$

$\textup{MU}_{SA}=\textup{Marginal utility of Salad}$

$\textup{P}_{S}=\textup{Price of Sanswithches}$

$\textup{P}_{SA}=\textup{Price of Salads}$

Therefore

$\frac{MU_{S}}{MU_{SA}}=\frac{P_{S}}{P_{SA}}$

$\frac{MU_{S}}{MU_{SA}}=\frac{\$40}{\$40}=1$

Now the price ratio is

$\frac{P_{S}}{P_{SA}}=\frac{\$3}{\$2}=1.5$

It is probable if you rising marginal utility numbering and reduce denominator marginal utility. If you reduce their intake, the MU of a food item will raise. Such decrease in the composition would make the quantity of the food element scarce. And its usefulness goes up. The Numerator here is sandwich MU. And to increase their marginal utility, you can reduce sandwich consumption.

Salad should need just the reverse. You raise salad intake so the MU reduces. Therefore you have to eat more salads and less chicken sandwiches to maximise the utility. So, salad is replaced by sandwiches for chicken.

5 0

2 years ago

Three commonly used productivity variables are: A. quality, efficiency, and low cost. B. technology, raw materials, and labo

exis [7]

Answer:

E. Labor, capital and management

Explanation:

Productivity refers to efficiency in production which means how much output is produced for available level of inputs. It is measured by output/input ratio.

The variables which determine productivity are labor, capital and management.

Capital refers to the amount of investment an entrepreneur makes in a project. Capital invested determines the resources available.

Labor refers to men employed to produce output. Labor cost refers to the wages paid.

Management refers to carrying out operations effectively so that all factors of production work in synchronization and to ensure that everything is in order.

8 0

3 years ago