The closing argument.
Hope this helps!
Answer:
0.6
Explanation:
Variable Expense Ratio is calculated by taking Variable Expense and dividing it by Sales. This ratio indicates how much of the variable expense is incurred by company for each $1 Sales.
So, variable expense ratio is .6 or 60% (33,000 / 55,000).
Such questions also require the calculation of Contribution Margin Ratio which is calculated by taking Contribution Margin and Dividing it by Sales. This ratio tells us how much the company generates after covering variables expenses when the sales are $1.
So, Contribution Margin Ratio is .4 or 40% (22,000 / 55,000).
<span>Price per earnings ratio is calculated as Price of each share in the market/Earnings made on each share over the last 4 quarters. (P/E)
P = $ 1.70
Earnings per share = Net income/Outstanding shares
Net income = Revenue - Costs = profit margin =5%*8200= $410
Therefore Earning per share = 410/5200 = $0.078
P/E ratio = 1.7/0.078 = 21.5</span>
Answer:
Increase in productivity and Increase in profits
Explanation:
Suppose you are the producer and seller of hamburgers.
Price of hamburgers remains constant.
Assume that initially you are producing 20 hamburgers with some amount of inputs.
Now, if you are producing 40 hamburgers with the same amount of inputs then this would implies that there is an increase in the productivity that's why output increases with the same level of inputs.
Therefore, this would indicate that an increase in the output will result is an increase in the profits.
Answer:
$1.2
Explanation:
Predetermined overhead rate is the rate that is used to apply estimated overhead to job orders or products.
The predetermined overhead rate for 2020 is calculated as ;
= Estimated total manufacturing overhead costs / Estimated Direct labor cost
= $882,000 / $735,000
= $1.2
Therefore, the predetermined overhead rate for 2020 is $1.2
