User Account

All Pages

How much is the contribution margin ratio

Assignment Help Accounting Basics
Reference no: EM133099824

Question - Oriole Company produces flash drives for computers, which it sells for $20 each. Each flash drive costs $6 of variable costs to make. During April, 1000 drives were sold. Fixed costs for March were $2 per unit for a total of $1000 for the month. How much is the contribution margin ratio?

Reference no: EM133099824

Questions Cloud

Nature of a community health program business plan : Explain the nature of a Community Health Program Business Plan. What are some anticipated challenges in putting together this Business Plan?
Explain the non-consequentialism : In this unit, you examined non-consequentialist theories. The major branches include:
What you can learn in terms of management style : Explain what you can learn in terms of management style from a good boss and a bad boss. Explain your experience with either a good or bad boss (or both). What
Summarize the impact of the externality of industry : Summarize the impact of the externality of your chosen industry (pick only one) and how will it affect social costs or benefits.
How much is the contribution margin ratio : Question - Oriole Company produces flash drives for computers, which it sells for $20 each. How much is the contribution margin ratio
Determine the number of equivalent units of production : There were 1,240 units in process at the end of the period, which were 30% complete. Determine the number of equivalent units of production
Prepare the journal entries that record sale of machinery : Avocado Company sells a machine for RM 7,400 with a 12-month warranty agreement. Prepare the journal entries that record Sale of machinery
Partnership or reseller opportunities : Does your product service lend itself to partnership or reseller opportunities? Are there potential partners who might ultimately acquire you?
Leveraging The Value Of Creativity In An Innovative Culture : It is said that everyone has native creative capabilities. It is often said that people in companies either think like "managers" or think like "entrepreneurs."

Reviews

Write a Review

Accounting Basics Questions & Answers

  Find the unit cost of the items

Why might the unit cost of those items started and completed during the period differ from the unit cost of all items completed and transferred during.

  Discuss the percentage of completion method

The completed contract method, and The percentage of completion method

  What is the acquisition cost of the entity

The fair value of net assets of the entity at current year-end was P10,000,000. What is the acquisition cost of the entity

  What was the cash balance after payment of liabilities

On December 31, 2016, the accounting records of MM, NN and OO Partnership (a general partnership) included the following ledger account balances.

  How much should be the accounts receivable before allowance

Accounts Receivable (December 31, 2019). On December 31. 2020. How much should be the Accounts Receivable before allowance for uncollectible accounts?

  Design a chart of accounts for SDC

Design a chart of accounts for SDC. Explain how you structured the chart of accounts to meet the company's needs and operating characteristics

  What introduction of new taxes such as digital tax

What introduction of new taxes such as Digital tax? D 19 pandemic in Malaysia is part of worldwide pandemic. The virus has reached Malaysia in late January 2020

  Systems development life cycle

There are five phases of the systems development life cycle - Planning Phase, Analysis Phase, Design Phase, Implementation Phase and Support Phase. System Designer deals with all phases of the SDLC to deliver final system with all the agreed const..

  Recognized gain or loss and basis of new machine

The old machine has an adjusted basis of $36,000 and the new machine has a fair market value of $80,000. What is the recognized gain or loss and the basis of the new machine?

  What is the balance of the adjusted trial balance

Dec 31 - Detoya spent 20 hours on a tax fraud case during December. His work will be billed at P500 per hour. What is the balance of the adjusted trial balance

  What is the total expense recorded in earnings

What is the total expense recorded in earnings related to pensions for the year and what amount is recorded in other comprehensive income

  Ratio analysis on financial statements

Ratio analysis on financial statements

Free Assignment Quote

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

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd