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2 years ago

Contribution margin is first used to cover expenses. Once the break-even point has been reached, contribution margin becomes:.

Business

1 answer:

oksano4ka [1.4K]2 years ago

4 0

It should be noted that the contribution margin is first used to cover fixed expenses.

<h3>What is contribution margin?</h3>

The contribution margin simply shows you the aggregate amount of revenue that is available after variable costs to cover fixed expenses.

Contribution margin is first used to cover fixed expenses. Once the break-even point has been reached, the contribution margin becomes profit.

Learn more about contribution margin on:

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You’ve been asked to participate at a prestigious and well-attended annual conference within your industry. Your participation r

Kay [80]

Answer:

Making sure that your view points are clearly heard.

Explanation:

Effective communication can be defined as the process of passing out information in a clear and concise manner. It is a means of successfully conveying information to the listener.

Effective communication helps to improve productivity among employees in an organisation. This type of communication can be enhanced by a good body language.

In the scenario described above, an effective communication can be achieved by ensuring that your viewpoints are clearly understood by the audience.

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4 years ago

The cookie company in the mall hires only labor to produce cookies. The workers are paid $80 per day, and the cost of renting th

ivanzaharov [21]

Answer: C. $250

Explanation: fixed cost are cost which do not change even when other factors Change. Example of fixed cost is ‘rent’ even if the employees increase up to a 100 this variable won't affect the cost of rent which is $250. Unlike salary that increases with an increase in workers.

Labour cost per day of hiring two workers = $80 x 2 = $160

Total cost per day when three

workers are hires. This includes both the fixed cost and labour cost

Total Cost = fixed cost + labor cost

= $250 + $80 x 3

= $490.

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3 years ago

Prepare Hertog Company’s journal entries to reflect the following transactions for the current year. May 7 Purchases 200 shares

Mrrafil [7]

Answer:

Explanation:

Prepare Hertog Company’s journal entries to reflect the following transactions for the current year.

1. May 7 Purchases 200 shares of Kraft stock as a short-term investment in trading securities at a cost of $50 per share plus $300 in broker fees.

Dr Short Term Investments..............................10,000

Dr Broker Fess..........................................................300

Cr. Cash.................................................................................10,300

<em>Being purchase of 200 shares of Kraft stock as a short-term investment in trading securities at a cost of $50 per share plus $300 in broker fees</em>

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2. June 6 Sells 200 shares of its investment in Kraft stock at $56 per share. The broker’s commission on this sale is $150.

Dr Cash................................................................11,050

Dr Broker Fess........................................................150

Cr. Cash............................................................................10,000

Cr. Gain on Sale of Short-term investments..............1,200

Being Sale of 200 shares of its investment in Kraft stock at $56 per share. The broker’s commission on this sale is $150

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3 years ago

Which feature should you use to find information regarding specific actions visitors have taken on your Google My Business listi

lara31 [8.8K]

Answer:

The correct answer is A. Google My Business Insights.

Explanation:

Lots of businesses use Google My Business in order to people (potential customers) can find them and purchase its items, this tool also works as a web advertisement.

Only the profile owners or managers can access to INSIGHTS. This shows how popular the business is and how the visitors interact with it.

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3 years ago

from a marginal analysis perspective, what is the inventory carry cost for andrews if the company carries one additional unit of

ryzh [129]

Inventory carrying cost means total expenses incurred while storing an unsold good.

<h3>What is Inventory carry cost?</h3>

Basically, an Inventory carry cost means the total holding cost for holding an inventory which includes the cost of capital, warehousing, depreciation, insurance, taxation, obsolescence, opportunity cost.

In other word, the Inventory carrying cost means the total expenses incurred while storing an unsold good.

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2 years ago