What is the contribution margin ratio

Assignment Help Accounting Basics
Reference no: EM133143581

Question - Carolina Products sells a unique item with the following information available: Sales price $40 per unit, Variable costs $12 per unit, Fixed Costs $84,000. Units produced and sold 4,000. What is the contribution margin ratio?

Reference no: EM133143581

Questions Cloud

Learning and training gain wider distribution and acceptance : As online learning and training gain wider distribution and acceptance, the interaction between the learner and the LMS becomes a key factor
Develop a range of alternative strategic options : Critically evaluate and develop a range of alternative strategic options to meet organisational strategic aims, direction and objectives in the short and medium
Diverse group of stakeholders : Explain two potential ways your cultural intelligence will improve leadership by working with a more diverse group of stakeholders
How has pop culture spread american ideas and values : How has Pop Culture spread American ideas and values around the globe? Name 4 ways and justify your answer.
What is the contribution margin ratio : Sales price $40 per unit, Variable costs $12 per unit, Fixed Costs $84,000. Units produced and sold 4,000. What is the contribution margin ratio
Changing external environment : The Harvard Business article "Real leaders are forged in crisis" by Nancy Koehn (2020) stated that leaders inspire people through difficult times.
Campus wide behavior management systems : Identify two classroom management models and two campus wide behavior management systems.
Lessons for today managers : During crises, managers have special responsibilities to stakeholders. COVID-19 is clearly a major crisis. What lessons for today's managers learn from the COVI
How much is the total amount of depletion : During 2015, 2,000,000 units of ore were extracted, and 1,750,000 of these units were sold. How much is the total amount of depletion in 2015

Reviews

Write a Review

Accounting Basics Questions & Answers

  Compute the Depletion and Depreciation expense

Mining equipment bought amounted to P850,000. Compute the Depletion and Depreciation expense for each of the first four years. Show computations in good form

  Purchases of raw materials problem

One pound of material is required for each finished unit. The inventory of materials at the end of each month should equal 20% of the following month's production needs. At the beginning of Month 1, 3,200 lb. of materials were on hand. Purchases o..

  Discuss corporate financial management is leverage

Another important topic related to corporate financial management is leverage

  What will be the effect on income

What will be the effect on income if the Portland office is eliminated and half of its fixed cost are avoided

  Perform goal seek calculation establishing break even figure

Perform a Goal Seek calculation establishing a break even figure so that the total profit is zero by adjusting the number of delegates

  Compute given values and provide a brief interpretation

Suppose the 2017 adidas financial statements contain the following selected data (in millions).

  Why are bonds a popular source of financing

When will bonds sell at a premium and discount. Understand method of calculating PV of future cash flows -specifically for a bond.

  Sale including the cost of the merchandise sold

The cost of the merchandise sold is $152,700. Showcase Co. issues a credit memo on March 5 for $30,000 for merchandise returned prior to Balboa Co. paying the original invoice on March 29.

  Green corporation holds assets valued

Apricot Corporation moves its headquarters and incorporation from Rochester, New York, to Santa Fe, New Mexico. It changes its name to Chile Pepper, Inc.

  Complete the balance sheet by using financial data

Following is the 2006 balance sheet for Sumi Industries. Complete the balance sheet by using the information that follows it.

  What were the firm major sources of cash

What were the firm's major sources of cash? Its major uses of cash? Was cash flow from operations1 greater than or less than net income?

  Analyze the four elements of the integrated model of

analyze the four elements of the integrated model of motivation to determine which element is the most essential to get

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!

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