Banner company budgets sales of 480000 fixed costs of90000

Assignment Help Accounting Basics

Reference no: EM13615639

(a) Banner Company budgets sales of $480,000, fixed costs of$90,000 and variable costs of $360,000. What is the contribution margin ratio for Banner Company?

(b) If the contribution margin ratio for Manville Company is32%, sales were $850,000 and fixed costs were $190,000, what was the income from operations?

Reference no: EM13615639

Questions Cloud

A ball is attached to a center post by a string that is : a ball is attached to a center post by a string that is 0.378 m long. the ball is moving in a circle on a frictionless

Explain what the quantity factors price factors and unit : explain what the quantity factors price factors and unit cost factors mean? what are these used for? s any value in

Four objects are situated along the y axis as follows a 208 : four objects are situated along the y axis as follows a 2.08 kg object is at 3.40 m a 2.72 kg object is at 2.32 m a

North pole cruise lines issued preferredstock many years : north pole cruise lines issued preferredstock many years ago. it carries a fixed dividend of 6 per share. with the

Banner company budgets sales of 480000 fixed costs of90000 : a banner company budgets sales of 480000 fixed costs of90000 and variable costs of 360000. what is the contribution

A stone thrown horizontally from a height of 592 m hits the : a stone thrown horizontally from a height of 5.92 m hits the ground at a distance of 13.50 m. calculate the initial

Describe the main idea behind variable costing is this type : describe the main idea behind variable costing? is this type of costing more prefereable when compared to throupoint

A bird watcher meanders through the woods walking 0508 km : a bird watcher meanders through the woods walking 0.508 km due east 0.770 km due south and 2.15 km in a direction

There is another nail vertically below the suspension and d : a ball is tied to a string l and suspended from a nail in the wall. the ball is displaced from its equilibrium position

Reviews

Write a Review

Required(*) Message

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?

Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

Accounting problems

Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.

Theory of interest - term structure of interest rates

Term Structure of Interest Rates

Write a report on internal controls

Write a report on Internal Controls

Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

Liquidity and profitability

Distinguish between liquidity and profitability.

What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

Capm and venture capital

CAPM and Venture Capital

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages