Contribution margin and net income

Reference no: EM13136367

Thomas Company has total fixed costs of $360,000 and variable costs of $14 per unit. If the unit sales price is reduced from $24 to $20 and advertising is increased by $10,000, sales will increase from 40,000 to 65,000 unit. What are the contribution margin and net income under the current conditions?

Reference no: EM13136367

Questions Cloud

Find probability that half claims have been padded : Your office has just received 128 in insurance claims to be processed in the next few days. What is the probability that half or more of the claims have been padded?

Corporate sustainability reporting : Critique systems oriented theories that you have learnt in this subject and the literature about the empirical application of the these theories (see Referencing and Style Item 2.2 on page 2) in explaining the motivators for corporate voluntary susta..

Demonstrating a knowledge of accounting concepts : Managers need to know enough about accounting concepts and their applications, that they can understand and interpret financial data and make the best decisions possible.

Dimaggio media review : What does Dimaggio mean when he refers to worthy and unworthy victims? why is this distinction important? In answering these questions

Contribution margin and net income : Thomas Company has total fixed costs of $360,000 and variable costs of $14 per unit. If the unit sales price is reduced from $24 to $20 and advertising is increased by $10,000, sales will increase from 40,000 to 65,000 unit. What are the contribut..

Unconventional political action : Is unconventional participation a natural right of citizens in a democracy? Does it have equal legitimacy with conventional activity, or should unconventional political behavior be limited so special circumstances?

Find probability that node i is the last node visited : Moving until all the nodes 1,2,......,m have been visited at least once. Starting at node 0, find the probability that node i is the last node visited, i=1,.....m.

What is wheldon variable overhead spending variance : Managers of Wheldon Manufacturing are analyzing variable overhead variances for the fiscal period just ended. The flexible budget called for $80,000 in variable overhead but actual variable overhead was $95,000.

Respond to the following: "origins of terrorism in western : respond to the following: "Origins of Terrorism in Western Society"

User Account

All Pages