User Account

All Pages

What is the contribution margin ratio

Assignment Help Accounting Basics
Reference no: EM132508779

Question - If sales are $814,000, variable costs are 73% of sales, and operating income is $248,000, what is the contribution margin ratio?

a. 27%

b. 31%

c. 69%

d. 73%

Reference no: EM132508779

Questions Cloud

Determine the break-even point in sales units : Determine the break-even point in sales units if the selling price was increased to $64 per unit. Round answer to the nearest whole number
What is the expected return on a one-year security : 4.50% until maturity. A two-year Government security offers a 4.80% yield to maturity. What is the expected return on a one-year security next year?
What is the break-even sales : The unit selling price is $29, and the unit variable costs are $21, what is the break-even sales (units) if fixed costs are reduced by $45,700
Discusses the many details of entrepreneurship : Discusses the many details of entrepreneurship, but what does it take to be an entrepreneur?
What is the contribution margin ratio : Question - If sales are $814,000, variable costs are 73% of sales, and operating income is $248,000, what is the contribution margin ratio
What is the oxidation number and coordination number : Consider the coordination compound [Co(en)3]SO4. What is the oxidation number (ON) and coordination number (CN) of the metal ion?
Prepare the requirements under aasb : Prepare the requirements under AASB 138 / IAS 38 Intangible assets how Mag ltd should account for the costs. provide reason for your answer in reference
Determine the total contribution margin in dollars : Determine the total contribution margin in dollars, the per unit contribution margin, and the contribution margin ratio
Calculate the convexity of the bond : Calculate the convexity of the bond. Calculate the duration of the bond. What is the duration of the bond? A $100,000 bond has a term to maturity of one year.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Compute the fixed overhead budget variance for april

Actual direct labor hours worked 165,000 hours. Actual direct labor cost $644,000. The fixed overhead budget variance for April was

  Discuss what types of transactions give rise to accounts

Discuss what types of transactions give rise to accounts receivable - With the Allowance method for Uncollectible Accounts, there are two ways of estimating

  Stock options a essex company has a price of 55share today

stock options a essex company has a price of 55share today and you purchase 2 calls with a 68 strike price for

  Compute the marty taxable income

The trust has a sole beneficiary, Marty. No other distributions are made the current year. Marty's taxable income from the trust this year is

  Compute the personal holding company income

If the corporation has only four individual shareholders, compute the following: Adjusted ordinary gross income and Personal holding company income

  Record the necessary adjusting entry for Huskies Insurance

Record the necessary adjusting entry for Huskies Insurance at its year-end of December 31. No adjusting entries were made during the year

  Compute Emily credit for rehabilitation expenditures

Emily spent $254,400 to rehabilitate a certified historic building (adjusted basis of $165,360). Compute Emily's credit for rehabilitation expenditures

  To evaluate the financial operation and health of a

to evaluate the financial operation and health of a business ratio analysis is used. 1 provide the formula for the debt

  Herbal care corp a distributor of herb-based sunscreens is

herbal care corp. a distributor of herb-based sunscreens is ready to begin its third quarter in which peak sales occur.

  An investment project costs 17900 and has annual cash flows

an investment project costs 17900 and has annual cash flows of 3600 for 6 years. enter 0 when there is no payback

  Problem - Analysis of Given Ratios

Problem - Analysis of Given Ratios. Using the ratios pro- vided, identify and explain the contributing factor(s) for this apparently divergent trend

  What is bluebird deemed paid foreign tax credit

What is Bluebird's deemed paid foreign tax credit related to the dividend received (before consideration of any limitation)

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